Budgeting and Forecasting: Building a Rolling Forecast
An annual budget is usually wrong by the second quarter and everyone keeps reporting against it anyway. This session covers budget construction, variance analysis that explains rather than accuses, and the shift to a rolling forecast that stays useful.
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By the end of the program, participants will be able to:
- Build a departmental budget from drivers rather than from last year plus a percentage
- Run a variance analysis that separates price, volume and timing effects
- Construct a 12-month rolling forecast and set a re-forecast cadence
- Present forecast changes without losing credibility
- Build a departmental budget from drivers rather than from last year plus a percentage
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- Budget types: incremental, zero-based, driver-based (10 min)
- Building a driver-based departmental budget (14 min)
- Variance analysis: price, volume, mix, timing (12 min)
- The rolling forecast: mechanics and cadence (12 min)
- Communicating a forecast revision + Q&A (12 min)
- Budget types: incremental, zero-based, driver-based (10 min)
This program is organized by the Academy of Professionals Malaysia (APM).
Features:
- Duration: 01 Days
- Time: 08:00 PM - 09:00 PM (Malaysian Time)
- Date: 26 Nov, 2026
- Mode of Learning: Virtual Class (Via Zoom)
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- A driver-based budget template
- A variance analysis worksheet with the price/volume split built in
- A rolling forecast calendar and review agenda
- Post Completion
- Electronic Certificate
- A driver-based budget template