Advanced Budgeting and Forecasting for Energy Industry 2013

This two day workshop is equipped with a thorough discussion on various forecasting techniques and models. Techniques highlighted will also cover accurate aspects in advanced budgeting and new ways to tie-in with your corporate objectives. Both traditional budgeting and operational control methods will be reviewed and examined extensively. The advanced budgeting concepts used in this workshop has been customised to suit the energy industry as there is a need to enhance the budgeting according to departments and projects.

Practitioners will be exposed to new methods in:
Seeking cost reduction by considering life cycle costing
Appraising projects/production to identify and take out risk
Using techniques such as ZBB and ABC where appropriate
Ensuring cost reports lead to action
Having a cost management process which delivers

By the end of the training, practitioners will be able to master advanced ways in analysing data to determine trends and to forecast future performance.