Financial Essentials for Project Managers

 

About this course:    

The course is designed to help project managers to understand the key financial accounts and how they impact business and project decisions. The course considers the Profit and Loss Account, Balance Sheet and Cash Flow forecasting together with important ratios and apprasial techniques that are regularly used.

Duration: 1 day; 7 PDUs


Course objectives:  
  • Understand the difference between the Profit and Loss Account, Balance Sheet and Cash flow forecasting
  • Appreciate how financial reports relate to project and program(me) decision making
  • Consider some of the common financial performance and appraisal techniques that are used                                                    

 

Course outline:

This practical course will enable participants to demystify financial terminology and consider how financial information can assist strategic decision making as well as project decisions. The course will consider:

Understanding the main financial statements

Demystifying financial terminology

Business financial measures

Project financial measures

Course accreditation and prerequisites

There are no prerequisites for this course.

PCMi Limited is a Registered Education Provider with the Project Management Institute. This course will provide 7 Professional Development Units (PDUs) to any participant who holds a relevant PMI credential.

Project Management