Financial Management - Budget Planning
Course ID: 260706 0101 1018Proj
Course Dates : 06/07/2026 Course Duration : 5 Studying Day/s Course Location: London, United Kingdom
Language: Bilingual
Course Category: Professional and CPD Training Programs
Course Subcategories:
Business Decision Making Corporate Finance Financial Analysis Financial Planning & Control Strategic Management
Course Certified By: Projacs Academy & LondonUni - Executive Management Training
* Professional Training and CPD Programs
Leading to:
Executive Diploma Certificate
Leading to:
Executive Mini Masters Certificate
Leading to
Executive Masters Certificate
Certification Will Be Issued:
From London, United Kingdom
Course Fees:
VAT varies by course location and participant nationality.
Date has passed please contact us Sales@e-s-hub.com
Introduction
This five-day course teaches practical budget planning and financial management skills. You will learn to build budgets, forecast cash flow, and monitor performance. The program uses real-world templates and hands-on exercises. It helps teams control costs and support decisions with clear financial information.
Objectives
1. Build a complete annual operating budget for a business unit using standard templates.
2. Create multi-year forecasts and scenario models to test assumptions.
3. Perform variance analysis and identify corrective actions tied to financial impact.
4. Link budget lines to strategic priorities and measurable KPIs.
5. Prepare and present a clear budget proposal with documented assumptions and supporting schedules.
2. Create multi-year forecasts and scenario models to test assumptions.
3. Perform variance analysis and identify corrective actions tied to financial impact.
4. Link budget lines to strategic priorities and measurable KPIs.
5. Prepare and present a clear budget proposal with documented assumptions and supporting schedules.
Who Should Attend
Finance managers and controllers
Budget analysts and financial planners
Department heads who own budget responsibility (operations, HR, marketing)
Project managers responsible for project budgets
Small business owners, executive directors, or finance leads in nonprofits
Training Method
• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Post-assessment
If Applicable:
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts
Program Support
This program is supported by:
* Interactive discussions
* Role-play
* Case studies and highlight the techniques available to the participants.
Course Agenda
Daily Schedule (Monday to Friday)
- 09:00 AM – 10:30 AM Technical Session 1
- 10:30 AM – 12:00 PM Technical Session 2
- 12:00 PM – 01:00 PM Technical Session 3
- 01:00 PM – 02:00 PM Lunch Break (If Applicable)
- Participants are expected to engage in guided self-study, reading, or personal reflection on the day’s content. This contributes toward the CPD accreditation and deepens conceptual understanding.
- 02:00 PM – 04:00 PM Self-Study & Reflection
Please Note:
- All training sessions are conducted from Monday to Friday, following the standard working week observed in the United Kingdom and European Union. Saturday and Sunday are official weekends and are not counted as part of the course duration.
- Coffee and refreshments are available on a floating basis throughout the morning. Participants may help themselves at their convenience to ensure an uninterrupted learning experience Provided if applicable and subject to course delivery arrangements.
- Lunch Provided if applicable and subject to course delivery arrangements.
Week 1
Day 1 – Foundations of Budget Planning
1. Principles of Budget Management
- Purpose of budgeting in organisations
- Types of organisational budgets
- Roles and responsibilities in the budgeting process
2. Budget Planning Process
- Defining budget objectives
- Gathering financial and operational data
- Establishing planning assumptions
3. Building an Operating Budget
- Structuring budget categories
- Estimating income and expenditure
- Using standard budget templates
Day 2 – Forecasting and Financial Planning
1. Financial Forecasting
- Preparing multi-year forecasts
- Identifying key financial drivers
- Developing realistic planning assumptions
2. Scenario Planning
- Building best, expected, and worst-case scenarios
- Testing financial assumptions
- Evaluating financial risks
3. Cash Flow Forecasting
- Forecasting cash inflows and outflows
- Monitoring liquidity requirements
- Supporting financial sustainability
Day 3 – Budget Monitoring and Analysis
1. Variance Analysis
- Comparing budget with actual performance
- Identifying favourable and adverse variances
- Explaining the financial impact of variances
2. Corrective Actions
- Identifying cost-saving opportunities
- Adjusting operational plans
- Monitoring improvement measures
3. Financial Performance Reporting
- Preparing budget performance reports
- Presenting financial results clearly
- Supporting management decision-making
Day 4 – Strategic Budget Management
1. Budgeting and Strategy
- Aligning budgets with strategic objectives
- Prioritising organisational resources
- Linking financial plans to business goals
2. Key Performance Indicators
- Selecting appropriate financial KPIs
- Monitoring budget performance
- Measuring financial success
3. Budget Governance
- Applying approval and review processes
- Maintaining financial accountability
- Supporting internal financial controls
Day 5 – Practical Budget Planning Workshop
1. Budget Development Exercise
- Preparing a complete annual operating budget
- Documenting planning assumptions
- Completing supporting schedules
2. Budget Presentation Simulation
- Presenting a budget proposal
- Explaining forecasts and scenarios
- Responding to management questions
3. Budget Improvement Planning
- Reviewing budget planning techniques
- Identifying opportunities for continuous improvement
- Course review, feedback and implementation planning
