INTRODUCTION
With increasing competition and focus on corporate earnings, project and contract managers are held accountable, not just for achieving technical and scheduling goals, but also for meeting profitability targets and other cost related measures.
This training session explores the financial metrics that are commonly used and also examines the less frequently thought of financial impact of typical operating decisions and actions. Building on your competencies, you will examine the inner mechanics of how finance and accounting can impact your project.
WHO SHOULD ATTEND?
Anyone working within the projects and contracts departments who need to establish a firm understanding of Finance would find this training sesson extremely beneficial. Take advantage of this opportunity to get a firm grasp of the financial management issues that can affect your projects.
PROGRAMME OBJECTIVES
PROGRAMME SUMMARY
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 you the opportunity to apply these proven tools and techniques.
Learn how the financial health of your organisation can be significantly affected by operating decisions regarding pricing as well as terms and conditions and asset management.
PROGRAMME OUTLINE
DAY 1 - Fundamentals of Finance
DAY 2 - Contract Profitability - Pricing
DAY 3 - Asset Management - Cash is King
DAY 4 Terms & Conditions (Ts & Cs) - Best Prices
DAY 5 - Cost Estimating What Works Best
European Quality for Training and Consultancy is certified
ISO 9001-2015
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