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Managing Risk in Revenue Forecasts: 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. Learning Objectives: Those who successfully complete this seminar should be able to: 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
When
12/7/2020
Where
Interactive Internet training
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