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Financial Management for Project Management Professionals

This course offers a comprehensive approach to understanding the importance of financial management in managing projects and programs.

This course offers a comprehensive approach to understanding the importance of financial management in managing projects and programs. Corporations invest a large amount of money in capacity creation based on certain financial assumptions that protect the assets of organizations. Project managers thus have the obligation and responsibility to ensure proper use of capital assigned to them and to meet all project objectives.

Time is money and project managers must appreciate the importance of financial management in financial accounting, managerial accounting, and corporate finance to make effective project decisions.

Students pursuing a university-recognized and/or accredited certificate in Canada or continuing education units in the US must attend at least 90% of class time, participate in class exercises and section-knowledge checks, and score at least 70% on an end-of-class, multiple-choice assessment.

GK# 2691
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Who Should Attend?

  • Anyone responsible for managing a budget, including project managers responsible for project budgets or interacting with finance department staff
  • Those who wish to expand their knowledge and understanding of accounting and finance

What You'll Learn

  • Communicate to all stakeholders your contribution towards project financial management
  • Gain focus on overall project management to maintain project profitability and performance
  • Make informed decision with respect to pricing, contract and project risk management
  • Maintain overall control of projects through proper cost estimation and management

Course Outline

1. Financial Accounting

2. Managerial Accounting

3. Corporate Finance

4. Asset and Contract Management

5. Project Cost Estimation and Forecasting

6. Project Pricing, Performance and Profitability