Back to Judgmental Business Forecasting in Excel
Macquarie University

Judgmental Business Forecasting in Excel

In this course, we extend your business forecasting expertise from the first two courses of our Business Forecasting Specialisation on Time Series Models and Regression Models. We will explore the role of judgmental forecasting, when more quantitative forecasting methods have limitations, and we need to generate further business insights. We will be exploring some structured methodologies to create judgmental business forecasts using Business Indicators, Subjective Assessment Methods, and Exploratory Methods. For each of these methods, we will look at how we can use Excel to help us in achieving these judgmental forecasts and how Excel can help us visualising our forecast findings. Being judgmental forecasting methods, we will also look at the role of biases in Business Forecasting,

Status: Estimation
Status: Time Series Analysis and Forecasting
IntermediateCourse10 hours

Featured reviews

MO

Reviewed Jun 30, 2025

I enjoyed the course. The flow of thoughts was structured to make a novice grasp the concepts.

CF

Reviewed Feb 8, 2025

Decent course. The material here is not as practical as the other two courses in this specialization. It is still worth spending the time to complete it though.

SP

Reviewed Nov 5, 2024

This course gives me the right tools to deal with people for an analyst or WFM staff.

RC

Reviewed Oct 31, 2025

Superb introduction and love the short form+practice technique of the professor

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