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Managing project finance

OMEC original training.

We usually get to play with all the knobs of the project but for many people project finances can be a real challenge and generate anxiety. It should not be so!

At the same time the most influential project methodologies place financial competences of a Project Manager really high in all the ranking lists!

Good news is that we have tools and techniques allowing not only to smooth project execution but also to monitor change and to manage risk from financial perspective. Tons of metrics that reveal a lot about the condition of projects are also available. More good news is that the most state-of-the-art PM tools have mechanisms that can easily automate financial tasks for every Project Manager.

Interested? Let’s dive into the project finances.

This training allows to acquire the ability to construct a complete project budget and use financial indicators to assess the profitability of the project and its condition.

Do you have questions?

CONTACT US
Dział Handlowy

Dział Handlowy

(+48) 801 55 66 32

szkolenia@omec.pl

For whom?

  • project managers
  • members of Steering Committees
  • PMO Staff
Price

from 1749 PLN (VAT not included)

Duration

2 days

Language

PL / EN

Dates
Training details
Exam and certification

Knowledge of project management principles is required.

Table of contents:

  • Why we all should have interest in project finances
  • The magic formula of Cost, Time and Scope (and more …)
    • Project integration management from financial perspective (who does what and who funds what)
    • Project scope management from financial perspective
    • The miracle of good WBS (estimation of work)
    • Project schedule management from financial perspective (can we go faster?)
    • Accurate time estimation
    • Project cost management
    • Excellent cost estimation without a headache
    • Less guesswork in VUCA times
  • Tools and techniques for an excellent budget
    • Cost estimation
    • Good practice of budget creation
    • Dependency planning
    • Assessing financial side of risks
    • Buffer allocation and control
    • The financial narrative (make the numbers talk)
    • Financial stakeholders and their needs
  • Controlling the costs
    • Tools, techniques and formulas of assessing financial condition of the project
    • EVM
    • Key performance signals to look on
  • Quality (can be costly) from the financial perspective
  • Resource management
    • creating the culture of financial transparency within a project team
  • Financial aspect of risk
    • assessing financial risk
    • assessing financial impact of every risk
    • funding change/risk responses
    • optimizing for project financial safety
  • Procurement
  • Cash flow and metrics
  • Important formulas of project (not only) financial condition
  • How to automate the financial side of your project with Excel
  • How to use MS Project for full financial analysis of the project
  • Shaping the financial culture of your organization (lessons learned )

 

Our participants get:

  • classes conducted by an experienced trainer
  • original training materials
  • friendly atmosphere of learning and exchange of experiences
  • participation diploma

No certification after this training.

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