Certifying Organizations
Course Description
Forecasting is a method used by business leaders to anticipate the needs of their customers in order to ensure they can meet future demand. Forecasting incorporates many differrent methodologies depending on the type of organization, what you're trying to predict and how far ahead you're looking. This course offers a deep-dive into different types of forecasting and how each type can offer you a different glimpse into the future of your business. In addition, you’ll learn about the technology and software available to enhance and refine forecasting, as well as how to analyze collected data to gain meaningful insights.
Learning Objectives
- Learn how to analyze data collected to identify demand patterns
- Discover how to use a forecast to project demand
- Learn how to choose the best forecasting approach based on your needs
- Discover technology that exists to aid business leaders in developing forecasts
Skills You Will Learn
- Forecasting
- Corporate Forecasting
- Economic Forecasting
- Financial Forecasting
- Forecasting Management
- Technology Forecasting
What You'll Learn
- Analyze collected data to identify demand patterns
- Use a forecast to project demand
- Choose the best forecasting approach based on your needs
- Apply technology and software that aid business leaders in developing forecasts
- Compare different types of forecasting and what each reveals about your business
Key Takeaways
- Forecasting is a method business leaders use to anticipate customer needs and ensure they can meet future demand.
- Forecasting incorporates many different methodologies depending on the type of organization, what you are trying to predict, and how far ahead you are looking.
- Different types of forecasting each offer a different glimpse into the future of your business.
- Technology and software are available to enhance and refine forecasting.
- Analyzing collected data helps you gain meaningful insights and identify demand patterns.
Frequently Asked Questions
What will I learn in this course?
You'll learn how to analyze collected data to identify demand patterns, use a forecast to project demand, choose the best forecasting approach based on your needs, and discover technology that helps business leaders develop forecasts.
Who is this course for?
It is aimed at business leaders who use forecasting to anticipate the needs of their customers and ensure they can meet future demand.
What topics does the course cover?
The course covers analyzing data, choosing the best forecasting approach, using the implemented forecast, and technology and forecasting.
What skills does this course help build?
It builds skills in forecasting, corporate forecasting, economic forecasting, financial forecasting, forecasting management, and technology forecasting.
Does the course cover forecasting technology?
Yes. It covers the technology and software available to enhance and refine forecasting and how it aids business leaders in developing forecasts.
Professional Certifications and Continuing Education Units (CEUs)
Professional Development Units (PDUs): 0.25
KnowledgeCity has been reviewed and approved by the PMI® Authorized Training Partner Program. Users can maintain your PMI credentials by earning PDUs from KnowledgeCity qualified courses in Project Management, Business Management, Leadership and many others.
