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Budget Preparation and Planning

An Interactive 5-Day Training Course

Budget Preparation and Planning

Developing Effective Budgets for Strategic and Operational Success

NASBA
Classroom Schedule
Date Venue Fees
20 - 24 Apr 2026 Riyadh $ 5,950
10 - 14 Aug 2026 Jeddah $ 5,950
23 - 27 Nov 2026 Riyadh $ 5,950

Course Summary

Preparing a well-structured, accurate budget is vital for aligning financial resources with an organization’s strategic objectives. Budget Preparation and Planning is a 5-day training course designed to guide finance professionals, managers, and team leaders through the process of creating, implementing, and monitoring budgets. By the end of this training course, participants will have the practical knowledge and skills to develop budgets that balance strategic vision with operational realities, ensuring that resources are effectively allocated to drive growth and maintain financial discipline.

By the end of this Budget Preparation and Planning training course, participants will have confidence in setting up structured budgets, forecasting with precision, allocating resources effectively, monitoring performance diligently, and adjusting strategies in response to evolving needs—ultimately driving better financial outcomes and achieving organizational success.

This GLOMACS training course will highlight:

  • Comprehensive Budget Structuring
  • Data-Driven Forecasting and Analysis
  • Resource Allocation and Prioritization
  • Variance Analysis and Corrective Action
  • Stakeholder Engagement and Communication
Course Outline
Day 1

Budgeting Fundamentals and Framework

  • Overview of Budgeting: Purpose, Scope, and Benefits
  • Key Principles of Effective Budgeting (Accuracy, Transparency, Accountability)
  • Defining Budget Objectives and Timeframes
  • Budgeting Methods: Incremental, Zero-Based, Rolling
  • Selecting the Right Method Based on Organizational Needs
  • Comparing Budget Outcomes Using Different Methods
Day 2

Forecasting Revenues and Costs

  • Gathering and Analyzing Historical Data
  • Techniques for Revenue Forecasting (Trend Analysis, Market Insights)
  • Creating Revenue Projections for a Sample Department
  • Cost Structures: Fixed, Variable, and Semi-Variable Costs
  • Cost Forecasting Approaches (Break-Even Analysis, Activity-Based Costing)
  • Balancing Conservatism vs. Optimism in Cost Forecasts


Day 3

Resource Allocation and Budget Integration

  • Aligning Budgets with Strategic Priorities (Capital vs. Operational Expenditures)
  • Techniques for Prioritizing Competing Projects and Departments
  • Practical Exercise: Allocating Limited Funds Across Multiple Needs
  • Cross-Functional Collaboration and Consensus Building
  • Communicating Budget Rationale to Key Stakeholders
  • Successful Resource Allocation in a Complex Organizational Setting


Day 4

Budget Execution, Monitoring, and Variance Analysis

  • Implementing the Approved Budget: Key Steps and Timeline
  • Setting Up Systems for Ongoing Budget Monitoring
  • Creating a Budget Monitoring Dashboard
  • Variance Analysis: Identifying Causes, Calculating Variances, and Diagnosing Root Issues
  • Responsive Actions: Corrective Measures and Budget Adjustments
  • Simulation: Performing Variance Analysis for an Ongoing Budget Cycle


Day 5

Continuous Improvement and Future Budgeting Trends

  • Continuous Improvement Frameworks (Lean, Agile, Rolling Forecasts)
  • Integrating Risk Management with Budgeting (Scenario Planning, Contingency Funds)
  • Designing an Improvement Plan for Next Budget Cycle
  • Emerging Trends in Budgeting (Digital Tools, Data Analytics, Real-Time Dashboards)


Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers

Endorsed Education Provider

NASBA
Options & Brochure
Related Categories
Finance & Budgeting

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

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Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email info@glomacs.sa . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at info@glomacs.sa

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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