Curriculum...

  

A Training Program Leading to the Certification of Business Forecasters and Demand Planners:

 

Download curriculum:  CPDF – Certified Professional in Demand Forecasting

CPDF® – Certified Professional in Demand Forecasting

The CPDF qualification will address multidimensional job roles in product/service demand forecasting such as data display and validation, database management, dashboard display, understanding quantitative and qualitative projection techniques, model creation and execution, forecast accuracy measurement, model and forecaster performance analysis, organization, and collaborative planning. A certification can be earned at three levels:

CPDF/BASIC  – (20 contact hours/70 independent hours) – in-class quizzes and spreadsheet exercises – Silver Certificate of Basic Forecasting Practice

CPDF/MASTER  – completion of Basic + Master Curriculum (additional 20 contact hours/50 independent hours) – one case study - one exam – Platinum Certificate of Forecasting Improvement

CPDF/PRO  – completion of Basic + Master + Advanced curriculum (additional 10 contact hours/30 independent hours) – one case study and one self-administered exam – 

IIF Certificate in Forecasting Practice - The International Institute of Forecasters (http://forecasters.org/index.html), the pre-eminent  professional organization in the field of forecasting, offers a Certificate in Forecasting that recognizes achievement of IIF-established standards for those planning to enter the field of forecasting. The fee is $200 for the IIF Certificate upon completion of CPDF/PRO.

 

Certification

Requirements

CPDF Basic

CPDF Master

CPDF Pro

Hands-on Workshop

 

Module 1

Instructor-led workshop

Module 4

Instructor-led workshop

Courseware Modules 2, and 3

Self-paced, online e-learning

Module 5

Self-paced, online e-learning

Module 6

Self-paced, online e-Learning  

Prerequisite

College degree or Job experience

Basic CPDF

Master CPDF

Course Duration

equiv of 2 - 3 contact days per Module

average 2.5 days per module

2 -3 days

Workshop Fees

Varies by location

Varies by location 

E-learning delivery

Self Study

Spreadsheet problem sets evaluated by CPDF Team Leaders and a Case Study prepared under your management's supervision

Spreadsheet problem sets submitted and a Field Study evaluated by CPDF Team Leaders

Assigned Readings

Materials you receive upon registration

  • Student Manual

  • FREE Excel Add-ins

  • FREE book: Forecasting: Practice and Process  

  • Download Lesson pdf files from e-learning website

  • FREE Excel Add-ins

  • FREE book: Forecasting, Time Series and Regression

  • One-year FREE  IIF membership at completion of Master Curriculum 

 

 

Assessments

In-class quizzes, hands-on computer spreadsheet learning exercises and competitive, computer-based  Forecasting Game

Hands-on computer Learning Exercises, and Management Sign-off of Comprehension Reviews

Hands-on computer Learning Exercises, Self-monitored Tests and Checklists

 Breakdown of the CPDF® Training Curriculum

Processes

Breakdown

Percent

Contact Hours

Self Study Hours

Units

Topics

Basic Contact Hours

Master Contact Hours

Elite Contact

Hours

Preparing & validating data

30

15

45

5

10

4

5

6

Executing modeling tasks

28

22

35

4

34

8

10

4

Evaluating models and

forecaster performance

15

5

25

4

10

3

2

-

Reconciling forecasts

27

8

45

3

4

5

3

-

Totals

100%

50

150

16

58

20

20

10

Course Objectives

  • Establish the foundation of forecasting as a structured process
  • Engage participants in learning about what is worth knowing about forecasting
  • Teach basic concepts behind the most accurate, reliable and relevant techniques for forecasting demand in a corporate setting
  • Introduce data analysis, model building and diagnostic analysis as the core steps for creating effective forecasting models
  • Complement nontraditional methods with established approaches in forecast model development
  • Refocus the attention of practitioners away from the mechanical execution of software programs and to a greater understanding of data and the processes generating data
  • Embrace collaborative forecasting as a key ingredient to realizing excellence in forecasting and planning among organizations and trading partners.

The Target Audience

  • Forecasters with some forecasting experience and exposure to the marketplace and product dynamics
  • Managers requiring to supervise and guide the demand planning process
  • Job titles of persons also benefiting from this course include brand/product managers, operations managers, inventory and logistics professionals, sales directors, strategic planners, and business development managers.