About this Event
Bring your team and save:
1. Groups of three or more receive a 10% discount
2. Organizations hosting an in-house session with 10+ participants enjoy a 15% discount.
About This Course
Duration: 2 Days (9:00 AM – 5:00 PM)
Delivery Mode: Classroom / In-Person Workshop
Language: English
Credits: 16 PDUs / Training Hours
Certification: Course Completion Certificate Provided
Refreshments: Lunch, tea/coffee, and snacks included
Course Overview
This two-day workshop provides you with information and tools on how to get a better handle on the important area of financial management. The course addresses finance-related concepts and techniques to effectively manage projects and programs. The course also provides understanding about corporate finance and basic accounting principles. The course covers techniques related to project reporting and decision making, as well as financial indicators and corporate financial reports.
Learning Objectives
- Articulate to stakeholders the financial status of the project
- Explain aspects of corporate accounting
- Gain focus on and maintain control over project estimates, profitability and performance
- Show the connection between corporate finances and the impact on projects
- Analyze the financial aspects of projects
- Make informed decision with respect to pricing, contract, progress and project risks
- Use financial information within a project environment to predict/influence final results
- Recognize the project manager’s financial responsibilities
Target Audience
- Project Managers
- Project practitioners
- Individuals taking part in managing budgets
- Individuals who seek to improve their knowledge in basic accounting and financial concepts
Why choose this course?
This two-day workshop provides information and tools to manage the important area of financial management while addressing finance-related concepts and techniques to effectively manage projects and programs. It also provides understanding about corporate finance and basic accounting principles, covering techniques related to project reporting, decision making, financial indicators, and corporate financial reports.
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Want to train your entire team together?
This course is available as a two-day workshop delivered through Classroom, Virtual, or On-site formats to support team-based learning.
Contact us today to schedule a customized in-house, face-to-face session:
Agenda
Module 1: Introduction and Overview
Info: ● Benefits of project management
● Project contracting and procurement
● Key terms
● Financial cycles
Module 2: Project Accounting and Financial Basics
Info: ● Determine project’s financial needs
● Roles and responsibilities
● Financial statements and balance sheets
● Income statement, revenues and expenses
● Cash flow statement
● Basic accounting
● Depreciation
Module 3: Financial Justification and the Project Business Case
Info: ● Portfolio management: aligning strategy and projects
● Project decision points and gating
● The project business case
Module 4: Measure, Control and Forecast – Financial and Profitability Measure
Info: ● Financial principles and common financial metrics
● Review of purposes, measurements and sentiments
Module 5: Applying Finance and Accounting Principles to Project Management (i
Info: ● Project cost estimates and forecasting
● Measuring project performance
● Project financial performance and profitability
● Status reports
● Earned value management
Event Venue & Nearby Stays
Regus Newcastle, NSW, Level 1, Suite 107, 17 Bolton Street, Newcastle, NSW 2300, Australia
AUD 1142.75 to AUD 1481.58
