Project Financial Management

by

This course equips the financial project manager or team member with a range of techniques to anticipate and prevent problems throughout the different stages of a project. Discover the right set of tools you need to review, revise, and update your financial models.

£100 +VAT

4 CPD hours

120 days’ access

Use ACPD101 for 10% off any purchase.

Project Financial Management

£100 +VAT

4 CPD hours 120 days’ access
Use ACPD101 for 10% off any purchase.

Project Financial Management

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Understand the roles and responsibilities of a project finance team.
  • Evaluate the processes involved in managing contracts from a financial perspective.
  • Explore the methods used for the tendering process, cost estimation, cost management planning and preparing budgets.
  • Discover time management that will help you to flag delay cost implications, monitor progress, and predict outcomes.
  • Use various tools, such as Monte Carlo analysis, to help you manage project risks and uncertainties.

About the course

As a project finance manager, or member of a project finance team, you must be able to anticipate time delays that may prove to be costly and evaluate their effect on the financial models of the project.

This course provides an overview of the role and responsibilities of a project finance team throughout the different stages of planning and implementing a project. From securing the right documentation and managing contracts to effectively managing time, risk, and uncertainties of a project, discover techniques that are useful to the project finance team.

Contents

Approaches and documentation

What is project financial management?
The project finance team
When things go wrong
Failing projects
The main approaches
The project initiation document
Work breakdown structures
Inputs and outputs
The completed WBS
Joint ventures

Cost estimates and budgets

Tenders
The technical team
Preparing the plan
The cost management plan
Estimating costs
The reliability of cost estimates
Budget time
Preparing budgets
The calculations
Funding
Project management software

Time management and delays

Watching the clock
The importance of time management
Gantt charts
Critical path analysis
The key components of a CPA diagram
The skillset
The critical chain method
Costs and the critical chain method
Reason code analysis
The financial effects of time delays

Risk, uncertainty, and financial performance

Expect the unexpected!
The principles of managing risk and uncertainty
Key performance indicators
Information overload
Managing financial information
The overall objectives

How it works

Author

John Taylor

John Taylor

John is a Chartered Accountant who has spent many years advising small and medium-sized businesses across the North of England. John is the author of two industry standard textbooks: Millichamp – Auditing and Forensic Accounting. He has also written several auditing textbooks for AAT courses.