(4 Ratings)

Certification in WFM Forecasting Basic & Advanced

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About Course

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


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 

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What Will You 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 

Course Content

Getting started in the Forecasting course
Getting started in the Forecasting course

  • Introduction to Basic Forecasting Methods
  • WFM Forecasting Level-A (Detailed coverage of WFM Forecasting)
  • WFM Forecasting Level – B (Detailed coverage of WFM Forecasting)
  • Statistics for WFM
  • Introduction to Forecasting
  • Masterclass on WFM Forecasting -1
  • Masterclass on WFM Forecasting -2
  • WFM -Forecasting Methodologies :The Linear Regression Model in Forecasting
  • Business case on WFM -Forecasting Methodologies  : (WFM Regression Analysis Review) Followed by Practical session
  • Need for the Forecasting
  • WFM Time Series Forecasting and ARIMA -2 followed by Practical session
  • Forecasting ARIMA practical session followed by practical session
  • Exponential Smoothing followed by practical session
  • Double Exponential Smoothing
  • WFM Forecasting Business Case  and Center  of Excellence at AXA America 
  • RFP Master Class
  • RFP Project
  • Forecasting Q&A , Practices session

Student Ratings & Reviews

Total 4 Ratings
4 Ratings
0 Rating
0 Rating
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2 months ago
Highly useful and good explanations for each technique
Ujwala Jaishankar
3 months ago
It was awesome, Thanks for all the mentors...
7 months ago
very informative and practical 1 stop for forecasting
8 months ago
Good one

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