Course Description
This course will provide you with a systematic understanding of financial approaches to Project development and the role of finance and financial institutions. Students will be able to evaluate the merits of the various mechanisms of financing development and to understand the bases for financial policy. During the course, you will develop the skills required for the analysis of Project development, and understand and develop expertise in planning and budgeting, project management basics, annual reports writing and related economic matters. Additionally, students will have the opportunity to study a range of options covering project and program management, monitoring, auditing and internal Control and development policy.
What Do Participants Learn?
- Develop forecasts and monitor and control costs on projects
- Appreciate cash-flow and profit and how they are managed
- Differentiate between types of costs and costing methods
- State the principles of Value Management and Through Life Costing
- Assess the economic viability and commercial profitability of projects through investment appraisal
- Assess financial stability, profitability by preparing and analyzing profit and loss accounts and balance sheets
Who Should Attend?
- Managers
- Supervisors
- Project Managers
- Financial and Accountants officers
- contracting personnel
- Those who are interested in the field
What Will the Learning Experience Include?
Phase: 1
Introduce
- Comprehensive pre-program activities include:
- Web-based information forms & surveys completed by attendee.
- Direct consultation with the attendee about the expectations.
- During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
- Participants learn from expert trainers who have both academic and business experiences.
- Highly applicable training content & instructive activities for adding depth to training topics.
- **A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Phase: 2
Explore & Practice
Phase: 3
Apply
- Apply & sustain the learning experience by using this ongoing support:
- To ensure participant has new skills or behavior progress.
- Optional, fee-based mentoring & coaching with the trainer.
- Training materials & additional documents (e-books, pdf files, presentations and articles)
- Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
- Participant's Evaluation
- Trainer's Evaluation
Phase: 4
EVALUATE
Section One
- Project Management Basics
- Project cycle
- Project activities
- Planning and Budgeting
Section Two
- Annual reports
- Auditing and Internal Control
- Legal framework
Section Three
- Fundamental accounting principles
- The balance sheet
- profit and loss account
Section Four
- Costs and types of costing
- Through life costing
- The monitoring
Section Five
- The cost control
- Value management
- Key financial ratios
- investment appraisal