Description

WFM Forecasting Course Content covered the basic and advanced stages of the following chapters

Basic Forecasting Program

1. Introduction to  Basic WFM Forecasting

2. WFM Forecasting Level-A (Detailed coverage of WFM Forecasting)

3.WFM Forecasting Level-B (Detailed coverage of WFM Forecasting)

4. Statistics for WFM Forecasting

5. Introduction to Forecasting ( Practical session)

6. Masterclass coverage on overview of WFM Forecasting ( Masterclasses are conducted by very Sr. WFM Experts in the Forecasting area)

a) The purpose of Forecasting in the organization
b) Classification of Forecast
c) Forecasting Methods
d) Synthetic Forecasts
e) Analytical Estimates
f) Use of Economic Indicators
g) Forecasting Process Flow Chart
h) Types of forecasting approaches
i) Point Estimation
j) Averaging approaches
k) Simple Average
l) Moving Average
m) Limitations of Moving average
n) Weighted Moving Average
o) Time Series Analysis
p) Trend Analysis
q) Seasonality Analysis
r) Final Forecast table
s) Day of the week calculation example
t) Funnel Approach of Forecasting

Advanced Forecasting Program

7.WFM -Forecasting Methodologies :The Linear Regression Model in Forecasting

8.WFM -Forecasting-Forecasting Methodologies

a)Time Series

b)Simple Exponential

c)Holt Forecasting

d)Holt Winter Forecasting

e)ARIMA

9.WFM Time Series Forecasting continuous session and next level of Statistics followed by practical session with Q&A

10.Forecasting ARIMA practical session followed by practical session

11.Exponential Smoothing followed by practical session

a)Simple Exponential Smoothing

b)Double Exponential Smoothing (Additive/Multiplicative)

c)Triple Exponential Smoothing (Additive)

d)Triple Exponential Smoothing (Multiplicative)

e.)Method Selection

12.Exponential Smoothing followed by practical session and Q&A

13.RFP Masterclass ,Overview at the organisation level  

14.How to design RFP , template is attached for your reference 

15.Scenario based Practical Q&A session 

What Will I Learn?

  • Get an in depth understanding of the Fundamentals of Forecasting and then Advanced level .
  • The course is curated and facilitated with the real time business cases 
  • To learn Classification of Forecast
  • To learn Forecasting Methods
  • To learn  Analytical Estimates
  •  To learn how to use of Economic Indicators
  • To get to know Forecasting Process Flow Chart
  • To learn types of Forecasting Approaches
  • The complete Statistical in Forecasting with practical sessions 
  • followed by assignments 
  • Clearing donut of real problems of industry and organisations 

Topics for this course

18 Lessons20h 20m 01s

Getting started in the Forecasting course?

Getting started in the Forecasting course
Introduction to Basic Forecasting Methods8:02
WFM Forecasting Level-A (Detailed coverage of WFM Forecasting)15:49
WFM Forecasting Level – B (Detailed coverage of WFM Forecasting)22:49
Statistics for WFM7:23
Introduction to Forecasting1:09:06
Masterclass on WFM Forecasting -11:09:06
Masterclass on WFM Forecasting -21:09:06
WFM -Forecasting Methodologies :The Linear Regression Model in Forecasting1:23:19
Business case on WFM -Forecasting Methodologies  : (WFM Regression Analysis Review) Followed by Practical session39:24
Need for the Forecasting1:23:19
WFM Time Series Forecasting and ARIMA -2 followed by Practical session1:44:53
Forecasting ARIMA practical session followed by practical session1:23:15
Exponential Smoothing followed by practical session1:50:42
Double Exponential Smoothing1:09:06
WFM Forecasting Business Case  and Center  of Excellence at AXA America 1:09:06
RFP Master Class1:41:01
RFP Project
Forecasting Q&A , Practices session1:09:06

Instructor

2 decades of experience in WFM
5.00 ratings (8)

31 Courses

392 students

$215

Material Includes

  • Tutorial Booklets
  • Instruction Videos

Requirements

  • No experience or pre-knowledge required
  • Any computer and/or laptop (both Window and Mac OS)
  • No special software needed, just a connection to the Internet

Target Audience

  • Professionals with background of
  • WFM/ HR / Operation / Resource Management / RM / Workforce Planners

Global Workforce Management Professional Chartered Body  registered in USA & Canada. Offers world class WFM Programs highly recognised by the global industry. 

E-Learning

Our Global Presence

GWFM USA    Global WFM USA
#73. South Carolina, USA

GWFM Canada     Global WFM Canada

471. Elm Drive, Mississauga, Canada
 GWFM India GWFM APAC 
A-405 Shreem Brezee ,Vansanthpura Road, Bangalore 560111, India 

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