By on 23 July 2019
INTRODUCTION
With increasing competition and focus on corporate earnings, project and contract managers are held accountable, not just for achieving technical and scheduling goals, but also for meeting profitability targets and other cost related measures.
This EuroMaTech Financial Management for Projects and Contracts training course explores the financial metrics that are commonly used and also examines the less frequently thought of financial impact of typical operating decisions and actions. Building on your competencies, you will examine the inner mechanics of how finance and accounting can impact your project.
By attending this EuroMaTech training course, delegates will understand:
WHO SHOULD ATTEND?
This EuroMaTech training course provides a user-friendly environment to develop the knowledge and techniques of finance related to project and contract management that are valuable for:
PROGRAMME OBJECTIVES
This Financial Management for Projects and Contracts training course aims to enable participants to achieve the following objectives:
TRAINING METHODOLOGY
Delegates will learn by active participation during the training course through the use of exercises, case studies, practical workshops, syndicate and group discussions.
PROGRAMME SUMMARY
The successful management of projects and contracts require more than a basic understanding of financial matters. From the evaluation of proposal viability to monitoring of performance, the ability to see things from a financial perspective is a valuable addition to the skill collection of any Project or Contract Professional.
PROGRAM OUTLINE
Day 1 - Fundamentals of Finance
Day 2 - Contract Profitability - Pricing
Day 3 - Asset Management - Cash is King
Day 4 - Risk Management, Terms and Conditions
Day 5 - Cost Estimating - What Works Best
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