Project Financial Management

Finance is an essential element of any business, and without any knowledge of finance it is very difficult to make any strategic decisions. This two-day training will teach you to create your own project plan, determine the cash flow and quantify the value of the project.

Finances are a connecting link between sectors and their knowledge adds confi-dence to managers.

A certain level of “financial literacy” is increasingly important for effective project management. This training is an appropriate supplement for project and process managers (green belt and black belts) who want to expand their knowledge and become a qualified a counterpart for economic department and company management during implementation of their project.

After this training, you will understand financial statements, be able to determine project costs, build a financial plan, and learn how to manage project cash flow. Furthermore, you will be able to assess the impact of possible risks and acquire basic financial terminology.

Acquired knowledge will help you to manage your projects more efficiently.

All calculations are performed in MS Excel.

Typical situations

  • You’ve became responsible for a new project and you need to quantify its costs and returns
  • Project manager is deciding between several investment projects
  • Promote your project plan before the management and financial department of the company

You will learn to

  • Acquire basic financial terminology
  • Understand to the financial statements
  • Calculate and plan costs of the project
  • Build cash-flow and whole financial plan
  • Compare project from the perspective of possible returns
  • Analyze potential risks

 


Fee: 8 000 CZK + VAT / participant

Fee incl. VAT (21 %): 9 680 CZK

After the training you will receive a certificate of completion.

The fee includes the tuition for 2 days, training materials, refreshments throughout the course and lastly the guarantee of quality – we return to you 25% of the fee in case you are not satisfied with the training.

Contact us if you are interested in closed company training.

Testimonials

The Project Financial Management training was challenging, but the problem was explained in a clear and relatively brief way, which was subsequently solved on practical examples. I was satisfied with the training.
Petra LavickáČeské vysoké učení technické v Praze, EU Project Manager
Expertise together with excellent presentation skills leads to understanding the basics of finance management and putting it into practice.
Zdeněk ŠakCREDITEXPRESS Česká republika s.r.o., CEO

Available terms

  • Praha, Days: 2
    • 10. – 11. 11. 2021
    Book

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    There will be no cancellation fee for registrants cancelling fifteen (15) or more business days prior to the scheduled training start date.

    Course cancellations made 15 business days or less of the scheduled training date or failure to attend an enrolled in course will be charged 100% of the course enrollment fee.