IC0599

Driver-based Planning, Forecasting and Budgeting

Do you want to champion balanced scorecards with KPIs, driver-based budgeting and rolling financial forecasts at your company? In this third course from Gary Cokins, learn how performance-based budgeting involves the shift from historical reporting to predictive costing with capacity-sensitive driver-based rolling financial forecasts.


Course Goal

  • Recognize Problems with the Traditional Annual Budget
  • Recognize the Purpose of a Strategy Map with a Balanced Scorecard and KPIs
  • Review basic concepts of Managerial Accounting Needed for Predictive Costing
  • Calculate Costs from Expenses Based on the Causality Principle
  • Link Strategy/Risk Management to the Budget and Rolling Financial Forecasts
  • Understand the Strategy Map concept for Strategy Execution

Who This Training Is For

  • Consultants
  • Executives and Managers

Exam/Certificate

  • Certificate of Completion (more certification info)
  • Upon successful completion of this course, receive your Driver-based Planning, Forecasting and Budgeting certificate

This Course is In the Following Learning Paths:

Enterprise Performance Management
Enterprise Performance Management

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Instructor

Gary Cokins

4.9 Average Rating

21 Reviews

158 Students

3 Courses

Gary Cokins

President

I am the founder of Analytics-Based Performance Management LLC. It provides advisory services to organizations, consulting firms, and software vendors with their challenges with how to get started, implement, and get leverage from enterprise corporate performance management (EPM / CPM) methods. These include activity-based costing (ABC), customer profitability value analysis, analytics, driver-based budgeting and rolling financial forecasts, strategy maps, balanced scorecard KPIs, dashboards PIs, and enterprise risk management (ERM).

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Student Feedback

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Reviews

Language: English
Level: Intermediate
Duration: 1.5 hours
Type:  Instructor-led
Category: Management

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