GoFast.Finance/BC-SHORT-02: Test Scenarios with Actionable Drivers

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[Forecast] Test Scenarios with Actionable Drivers

  • Course
  • 6 Lessons

Update projections quickly using operational drivers. Reconcile changes, test scenarios, and surface risks early so leaders can steer decisively.

🧮 More control: Replace spreadsheet chaos with a small, stable driver set.

🤝 Shared assumptions: Align inputs and scenarios with partners to reduce version churn.

🏢 Earlier steering: Make risks visible early enough to avoid late surprises.

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Who this is for

FP&A analyst and junior controller maintaining rolling outlooks for a plant, function, or segment with recurring updates.

Commercial controller or project controller needing scenario views to support decisions on demand, volume, and cost drivers.

Prerequisites

Knowledge: Comfort with P&L structure, drivers, and basic variance logic.

Tools: Spreadsheet tool and access to historical actuals and driver inputs for your scope.

Learning Outcomes

  1. Select a small driver set that explains most change.

  2. Build a simple outlook model you can refresh quickly.

  3. Test scenarios and document assumptions for decision meetings.

  4. Communicate forecast risks with clear options and tradeoffs.

CPE Information

  • Eligibility: currently not eligible

  • Watch time: about 2 hours

  • Total learning: about 3 hours

  • Estimated credits: 2.0

Contents

Module 1: Drivers and refreshable model

Lesson 1: Define scope, horizon, and decision use
Lesson 2: Select drivers and set assumption standards
Lesson 3: Build the model backbone with checks

Module 2: Updates, scenarios, and decision communication

Lesson 4: Update the outlook and reconcile movements
Lesson 5: Stress-test scenarios and define triggers
Lesson 6: Communicate risks, options, and tradeoffs