794-020 Planning and Forecasting

Credit Points

HECS Band

Coordinator

Prerequisites

Financial Management.

Semester

Contact

Subject Description

The objective of this subject is to extend participants' ability to:

• describe the planning and decision-making role of management;

• define operational, strategic, and corporate planning, and related terms;

• develop a business plan for a horticultural enterprise;

• evaluate and apply techniques used to manage the efficient allocation of resources;

• analyse capital investment decisions, using traditional and discounted cash flow techniques;

• use simple forecasting techniques;

The content includes: The manager's planning and decision-making role, planning concepts and techniques, and investment decisions using traditional and discounted cash flow methods; forecasting method exercises, planning, forecasting and decision making in horticulture, current practice.

Assessment

Four case studies (20%); report of 4000 words (80%).