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Trend Forecasting

Manage trend analysis activities to make sound and purposeful predictions for the future

Module Content

  • Components of trend analysis 
  • Current economic environment
  • Steps in developing trend forecasts
  • Frameworks for understanding and interpreting change management
  • Trend forecasting tools
  • Methods of presenting information
  • Types of statistical analysis and forecasting techniques for analysing market and industry trends and developments
  • Data collection methodologies
  • Trends that impact the industry

Methodology

Lessons are conducted in a structured yet pragmatic manner as lectures are blended with classroom/group discussions, case studies and presentations. The group discussions give participants the opportunities to share their experience while case studies & presentations help the practice and application of concepts and approaches learned through the course.

Learning Outcomes

  • Evaluate social and economic impact on industry trends and trend preview
  • Data collection methods and tools to develop trend forecasts or predictions
  • Develop business opportunities with statistical analysis to predict market price trends for determining price points 
  • Review and present the effectiveness of trend analysis to guide organisation’s designs trending

Target Participants:

  1. Product Manager, Assistant Manager, Executive, Supervisor, Team Lead in the product development process of an organisation.  
  2. PMEs who have the relevant work experience from other industries or sectors wanting to enhance their knowledge and skills, wanting to expand their job portfolio or are seeking national certification/qualification in the design industry specialising in business
  3. PMEs and career switchers with supervisory or managerial experience, or individuals in other related industries or wanting to join the design industry specialising in business
  4. Applicants must be proficient with digital devices and apps to attend the e-learning session and complete all online assessments independently. 

Medium of Instruction:

English

Total Training Hours: 16 hours (2 days)

Assessment and Certification

Participants who achieve 75% attendance and pass the end-of-course assessment will be awarded the Statement of Attainment

Course Schedule

UPCOMING DATES:

TBA

TIME:

TBA

Mode of Delivery:

TBA

UPCOMING DATES:

TBA

TIME:

TBA

Mode of Delivery:

TBA

Total Training Hours: 16 hours (2 days)
Registration Closing Date: 7 days before course commencement

Course Fees

  Singapore Citizens (21-39 Yrs Old)
& Permanent Residents (21 & above)
SG Citizens ≥ 40Yrs /
SME Sponsored
Full Course Fees (incl. 7% GST) $749.00 $749.00
Training Grant $350.00 $490.00
Amount Payable (incl. 7% GST) $399.00 $259.00

Prices shown are not inclusive of application fee and/or any other additional fees that may be stipulated.

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