Project Financial Control and Project Management training

 

Ø INTRODUCTION

 

This IACT course defines the components of effective financial management within the context of the development project life cycle. It examines the financial tools and techniques available for the efficient implementation of projects and for assessing the effectiveness of project financial management systems.
professionals working on infrastructure and industrial projects need to have a good understanding of how project financing works and how project investors and lenders think and assess the risks of a project.

IACT program will provide you with the fundamental knowledge and necessary tools to create the optimum financing structure for your  project and enhance its potential to attract funding.

The Project Financial Control and Project Management training course provides the essential knowledge and skills to enable delegates to successfully control costs; prepare, manage and control budgets. It also provides solutions to the strategic issues facing the projects, enabling delegates to effectively managing existing projects and recommend sustainable growth strategies  in an efficient and cost effective manner.

This Project Financial Control and Project Management training course will feature:

 

l  A detailed understanding of costing and budgeting in the projects, focusing on leading international practice

l  Examination and evaluation of the latest techniques

l  Skills development via interactive sessions

l  the program will deal with the financing aspects of project management in more detail.

l  Using case studies to illustrate the topics, as well as assignments so you can get first-hand experience in what it takes to put together a financeable project

 

Ø Objectives

 

At this program's conclusion, participants should be able to:

 

l  To manage your project successfully in different sectors and contexts.

l  How to successfully work together in a specialized project team.

l  Adopt appropriate financial tools and techniques for managing projects

l  Understand the dynamics and principles involved in the use of donor systems

l  Assess existing project financial management systems and effect needed improvements

l  Understand how to appraise and choose between various prospective project investment opportunities using discounted cash-flow analysis

l  Formulate project plans and budgets and understand their impact on project profitability and cash-flows

l  Align project procurement and contracting processes with international best practice

l  Use integrated financial management information systems to enhance project efficiency and effectiveness

l  Evaluate project implementation risks and minimise them by establishing appropriate internal controls

 

 

Ø TRAINING METHODOLOGY


This training course will combine presentations with instructor-guided interactive discussions between participants relating to their individual workplace. Practical exercises, video material and case studies aiming at stimulating these discussions and providing maximum benefit to the participants will support the training.

This interactive training course includes the following training methodologies as a percentage of the total tuition hours:

l  30% Lectures, Concepts, Role Play

l  30% Workshops & Work Presentations, Techniques

l  20% Based on Case Studies & Practical Exercises

l  20% Videos, Software & General Discussions

Pre and Post Test

 

Ø WHO SHOULD ATTEND?

 

l  This IACT training course is specifically tailored to those within the Financial Controllers. It is suitable to a wide range of professionals within the Financial, but will greatly benefit:

l  Project Professionals

l  Project Managers

l  Key Personnel involved in Cost Control, Budgeting, Project and Risk Management

l  Non-technical professionals who require a financial perspective of Strategic Management, Budgeting and Project Management

l  Financial Controllers and Internal Auditors

l  Those who wish to bring their skills and understanding up to international standards

l  Professionals with a desire to improve both, their own and their organisations strategic decisions

 

Schedule

  • 08:30 – 10:15 First Session
  • 10:15 – 10:30 Coffee Break
  • 10:30 – 12:15 Second Session
  • 12:15 – 12:30 Coffee Break
  • 12:30 – 14:00 Third Session
  • 14:00 – 15:00 Lunch

 

Fees

 The Fee for the seminar, including instruction materials, documentation, lunch, coffee/tea breaks & snack :