Business Forecasting and Planning

This course includes a wide diversity of skills required in one’s professional career. Topics include the importance of accurate planning and scheduling for successful projects, risk/opportunity analysis, resource planning and allocation, building budgets, revenue forecasting, profit and loss statements, balance sheet analysis, the importance of managing customer perceptions and expectations, and the impact of economic issues on project success. Students will develop business analyses, including budgets and business plans, for several increasingly difficult scenarios addressing a range of technology applications and services. The final case study will culminate in a presentation to be given to potential investors, banks, or venture capitalists to secure a commitment for funding for a simulated telecom project. Recommended prerequisite: ICT 4000.