Team Development 06 – Planning Budgeting and Forecasting
Overview
This module is designed to help all finance team members actively contribute to PB&F activities and understand the key tools and techniques involved. Finance plays a critical role in supporting business planning through data analysis, financial modelling, and leading the budgeting process—ensuring resources are allocated efficiently and aligned with strategic goals. In this module, you’ll explore core areas including business planning, budgeting, investment cases, capital allocation, financial modelling, budget monitoring, and outcome management. By the end, you’ll be equipped to support effective planning processes that add real value across your organisation.
Learning Objectives:
After completion of this course, participants will be able to:
- Support business strategy development
- Build and monitor budgets based on the strategic business plan
- Create a business case for investment
- Allocate capital to business priorities
Lessons:
Lesson 1: Business Planning
Planning helps businesses stay focused, set goals, and track progress. It involves setting objectives, creating strategies, and reviewing results regularly using tools like budgets and forecasts.
Lesson 2: Developing Business Strategies
Learn how to craft clear, actionable strategies using proven tools and frameworks—bridging the gap between vision and execution to drive meaningful business results.
Lesson 3: The Budgeting Process
Learn how to manage the full budgeting process—from setting objectives and timelines to reviewing submissions and aligning with strategic goals.
Lesson 4: Altenatives to Traditional Budgeting
Discover how Zero-Based and Beyond Budgeting can streamline costs and improve long-term decision-making.
Lesson 5: Create investment cases
Learn how to allocate capital effectively by evaluating investment cases, aligning with shareholder expectations, and ensuring projects support strategic goals and deliver strong returns.
Lesson 6: Allocating capital
Learn how to allocate capital effectively, ensure business accountability, and adapt budgets to support strategic goals.
Lesson 7: Build financial models
Learn the purpose of financial models, key features, and how to build clear, user-focused models that drive better decision-making.
Lesson 8: Manage outcomes
Learn how to monitor budgets, reforecast performance, and use predictive modelling and scenario planning to manage outcomes and stay on track to meet financial goals.
Additional Information
CPE Credit/CPD Hours: 2.8
Field of Study: Finance
No prerequisite knowledge is required to be successful in this course.
No advance preparation is required.
Program Level: Basic
Delivery Method: QAS Self Study
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