Financial Management For Project Managers Training

by Merit Global Training Claim Listing

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.

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Course Details

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.

Merit Global's comprehensive and practical course on Financial Management will help you sequentially plan and manage the finances of your project or program. 

This experiential course is delivered in 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, you will go on to learn about cost estimating, risk contingency, expected monetary value, and overall project management using Earned Value Management. Enroll now and learn how to gain control of your project finances and ensure its success.

On successful completion of the course, you will receive a Course Completion Certificate from Merit Global with Credits (1 credit per hour of training).

 

Outline:

  • Learn how to initiate a project and start monitoring its finances
  • Understand how to meet business case objectives as per the Project Charter
  • Learn about the benefits of a Business Case
  • Understand the various financial selection methods available to project managers
  • Understand the various traps to avoid while planning a project budget
  • Understand all the non-financial criteria to remember while monitoring costs
  • Learn about the various ways to finance your project
  • Understand how to manage project costs and avoid overspending
  • Learn about the different ways in which you can estimate costs
  • Understand what constitutes a project budget and how to prepare one
  • Understand the various ways in which you can track and control costs
  • Understand overall project management using Earned Value Management
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