Managing Risk in Revenue Forecasts: Applying Probabilistic Thinking with Excel Part 3: Mindles Model

In Parts 1 and 2, attendees learned the “5 Mindles” for thinking about risk. In Part 3 we will discuss the practical application of Mindles and the revenue forecasting risk model. This will include comparing uncertain revenues to expenditure plans and discussing real-life concerns raised by participants in the course.

Please note: this webinar is limited to 100 participants.

Who Will Benefit: CFO/Finance Director, Budget Manager, Budget Analyst/Controller/Accountant/Treasurer/Debt Manager

• Identify the 5 Mindles in risks associated with revenue forecasting
• Recognize the implications of probabilistic versus “average” revenue forecasts for balancing your budget
• Discuss real-life questions, challenges, and successes with presenting uncertainty
• Discuss data needed for improving the revenue forecasting risk model