Background

Companies are more and more reliant on project managers and teams to provide accurate progress data, financial forecasts and reporting so that project boards/sponsors can make informed/reasoned judgements prior to the significant commitment of resources. This 2-day course has been designed to make the process a little easier.

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Next available Non-Residential courses:-

Venue	Date	Price	Availability
London - Waterloo, London	12 October 2006	£635 +VAT	Spaces
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Notes:

Learning Objectives

By the end of the course, delegates will be able to:

• Assess financial stability, profitability and productivity by preparing and analysing

Profit & Loss Accounts and Balance Sheets.

• Develop forecasts and monitor and control costs on projects.

• Appreciate cash flow and profit and how they are managed.

• Differentiate between types of costs and costing methods.

• State the principles of Value Management and Through Life Costing.

• Assess the economic viability and commercial profitability of projects through

investment Appraisal.

Topics covered

This highly interactive course covers the following areas:

• Introductions and Expectations

• Legal Framework and Fundamental Principles of Accounting

• The Balance Sheet & Profit and Loss Account

• Costs and Types of Costing

• Through Life Costing

• Budgeting, Monitoring and Cost Control

• Value Management

• Financial Ratios and Investment Appraisal

Attendance

This course is aimed at project managers and/or support staff that need to have a thorough grounding in financial management and the provision of financial information (reporting) on projects.