Online Webinar – Recorded February 11th, 2015
Duration: 1 Hour Credits: 1 PDU Category C  – Free PDU
Presented by American Management Association (REP 1294)
Although the AMA is an REP this opportunity may not have a course number Contact the AMA for further information.

Critical Steps for More Accurate Business Forecasting

In this webcast, Chia-Li Chien will explain how business forecasts differ from budgets and why forecasting is critical in business — whether you are in a start-up or a mature global organization.

This program focuses on the importance of accurate forecasting in business, the difference between budgeting and forecasting, and how to build a budget and a forecast to serve your organizational goals.

For a full hour, the webcast explores the following questions:

• What is a forecast?
• What are the differences between a budget and forecast?
• How do you build a budget?
• What are the various types of forecasts?
• How do you build a forecast?

Whether you are a seasoned line of business manager or new to forecasting, this webcast offers you specific, practical, applicable tips to tackle the concepts and building blocks of value-adding, on-target forecasts.

Presenter:  Chia-Li Chien, CFP®, CRPC, PMP (LinkedIn profile) is the Chief Strategist of Value Growth Institute and an award-winning author of the books such as Show Me the Money: Run Your Business Like a Prosperous Investor and Work toward Reward: Building Business Value Today for a Well-Deserved Future.  She is also on the faculty of the American Management Association. Her blog and newsletter was named a Top Small Business Resource by the New York Times.

PDU Category C (PMBOK 5) documentation details:
Process Groups: Planning, Monitoring & Controlling
Knowledge Areas: 7 – Cost

• 7.1 Plan Cost Management
• 7.2 Estimate Costs
• 7.3 Determine Budget
• 7.4 Control Costs

As a Category C ‘Self Directed Learning Activity’ remember to document your learning experience and its relationship to project management for your ‘PDU Audit Trail Folder’

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Four Financial Forecasting Secrets!

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