Accurate Forecasting

Course Overview

Aim: The delegate will learn to use different forecasting methods to produce an accurate forecast.

Learning Outcomes

By the end of this module the delegate can: 

  • Describe the difference between a forecast and a plan 
  • Explain different forecasting methods 
  • Calculate forecast profit, taking into consideration changes in demand, selling price and costs 
  • Identify external factors which might impact on financial performance