Financial Management of Projects
- Οργάνωση/ Διοίκηση/ Ηγεσία - Χρηματοοικ. Ασφαλιστικά Τραπεζικά - Κατασκευές/ Construction
ΠΕΡΙΓΡΑΦΗ
Project Managers must manage their project’s finances transparently as the company’s assets are at stake. It is their responsibility to ensure sound financial management and forecasting of project outcomes over the life of the project. This enables the project team to meet the business case objectives laid out in the Project Charter.
This course will help participants sequentially plan and manage the finances of their project or program. This experiential course is delivered with a perfect balance of theoretical learning and hands-on practice and enables participants to develop the expertise to maintain project profitability and performance.
Starting from how to build a business case, participants will go on to learn about cost estimating, risk contingency, expected monetary value, and overall project management using Earned Value Management.
ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ
By the end of the programme, participants will be able to:
- Communicate more effectively with accounting and financial personnel
- Understand the various stages of planning and implementing a project
- Predict and prevent problems during a project
- Review, revise and update financial models
- Anticipate revised outcomes and report them to management
- Read, understand, and analyse accounting and financial data
- Expand 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
- Understand how finance often drives organisational decisions and evaluations of project performance
ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ
- Project Professionals
- Project Managers
- Commercial Executives
- Any personnel involved in projects (small or large) who need to establish a firm understanding of finance will find this programme extremely beneficial
ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ
Training Outline
Introduction to project financial management
- What is financial management?
- Importance of financial management in projects
- Project financial management cycle
- Good practice systems: the building blocks of financial management
- Key supporting policies and standards
Project Financial Planning and Project Budgeting
- The Financial planning processes
- Functions and types of budgets in projects
- Practical approaches to building good project budgets
- Budget change/modifications
Cash Flow Management
- Cash flow forecasting
- Consolidated budgets and budgeting for core costs
- Elements of cash flow
- Cash Vs Profit
- Managing cash
- Bank Accounts management
- Project payments supporting documents
Cost Management
- Use of cost data in decision making
- Types of Costs
- Elements of Cost
- Cost Structures and Methods – Costing services and products
- Procurement
- Project cost allocations
- Admin cost allocations
Financial Reporting in Projects
- Importance of Financial Reporting
- Principles and Objectives of Financial Accounting
- Types of Accounts
- Financial Statements; Income Statement, Balance Sheet, Cash Flow Statement
Measuring Finance Performance
- Introduction to Financial Analysis
- Steps in financial analysis
- Sources of data for financial analysis
- Financial ratios
- Budget monitoring
- Cash flow monitoring
Training Style
- Illustration of key terms and concepts
- Preparation and discussion of practical examples, including mini cases
- The course will have both a theoretical and practical framework with real examples drawn from actual companies, local and international
- Activities and Break-out groups
CPD Recognition
This programme may be approved for up to 7 CPD units in Accounting and Auditing. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.
In-house Training
For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.
Πληροφορίες Εκπαιδευτή
Αναλυτικό Κόστος Σεμιναρίου
- € 240.00
- € 0.00
- € 45.60
- € 240.00
- € 285.60
Κοστολογικές Πληροφορίες
HRDA-approved seminars are exempted from VAT for eligible organisations applying for the HRDA subsidy. A 19% VAT will apply to seminars and participants who do not qualify for the HRDA subsidy
ΠΡΟΓΡΑΜΜΑ ΣΕΜΙΝΑΡΙΟΥ
Δευτέρα - 04 Δεκ 2023
Ώρα
09:00 - 12:45
ΕΚΠΑΙΔΕΥΤΗΣ:
Μάριος ΜόρτηςΤοποθεσία:
OnLine Virtual Classroom
Δευτέρα - 11 Δεκ 2023
Ώρα
09:00 - 12:45
ΕΚΠΑΙΔΕΥΤΗΣ:
Μάριος ΜόρτηςΤοποθεσία:
OnLine Virtual Classroom