* All fees are exclusive of vat
** PREMIUM - Customize your learning experience
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 training course explores the financial metrics that are commonly used and also examines the less frequently thought of the 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.
• Communicate more effectively with accounting and financial personnel
• Project Professionals
• Project Managers
• Contract Professionals
• Commercial Executives
• Project and Contract Personnel who need to establish a firm understanding of finance would find this seminar extremely beneficial.
• Reading and understanding financial statements
• Time value of money
• Discounted cash flows
• Direct vs. indirect costs
• Fixed vs. variable vs. semi-variable costs
• Break-even analysis
• Pricing strategy and tactics
• Profit planning
• Cost estimating
• Cost-based pricing
• Market-based pricing
• Value-based pricing
• Cash
• The timing of cash flows
• Inventory
• Equipment
• Revenue recognition
• Financing arrangement
• Managing Risk
• Scenario and Sensitivity Management
• Earned Value Analysis
• Variance Analysis
• Contract Terms and Conditions
• Cost estimating methods
• Planning and scheduling
• Making sense of historical data
• Experience curves
• The relationship between cost estimating and pricing
Averest Training Certificate of Completion or delegates who attend and complete the training course
This course is certified by:
This Course can be customized delivered to a group at your facility saving time and money.