Communicate more effectively with accounting and financial personnel
Read, understand, and analyse accounting and financial data
Expand your work in project scheduling and cost control to encompass additional financial metrics and tools
Minimise project financial risk
Develop and apply tools for comparing project financial returns
Course Synopsis
In today’s world of increasing competition and focus on corporate earnings, project managers are held accountable not just for achieving technical and schedule goals, but also for meeting profitability and other financial goals. This course explores the financial metrics that are so commonly used and examines the not-so-obvious financial impact of typical operating decisions and actions. Building on competencies developed in the core management curriculum, you’ll examine the inner mechanics of how finance and accounting can impact your project.
You will learn about common financial analysis tools in the project environment that link project management to broader corporate strategic goals. Case studies and project related exercises give them the opportunity to apply these proven tools and techniques. You’ll see how finance often drives organisational decisions and evaluations of project performance. You’ll also learn how operating decisions regarding pricing, terms and conditions, and asset management directly and significantly affect the financial health of your organisation.
In addition to a comprehensive participant manual, participants will receive a free copy of Handbook of Financial Analysis, Forecasting & Modelling by Jae K. Shim.
