› Project Finance Essentials
This workshop provides basic knowledge necessary to support the initiation and execution of a project. Participants will gain an appreciation for the need to analyze tangible and intangible benefits and costs. Learn how to get answers to questions such as why does the budget feel so tight, why is the timeline so short, why do we have to manage scope so carefully? Put fears of math aside and be ready for a hands-on, entertaining session. This 2-day workshop is intended for anyone needing an understanding of the business case that supports the project, including the sponsor, the business, project managers, business analysts and team members.
Course Objectives
- Interpret and build project balance sheets and income statements in order to manage to a budget
- Understand the basics of cash flow and net present value in order to build or understand the business case and compare the returns of different projects to enhance portfolio management
- Measure project profitability using:
Payback
ROI – return on investment
NPV – net present value
IRR – internal rate of return
- Describe and use a variety of ratios to measure project performance
- Overcome their fears of numbers and metrics
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Topics
- Balance Sheets and Income Statements
- Cash Flow
- Measures of Financial Performance
- Long Term Impact of Investments
- Net Present Value
- Financial Leverage
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Contact our office for course schedules, pricing, and availability. Remember, Inovacent Solutions can prepare shorter lectures, combine workshop sessions, or create custom training solutions to meet you needs in all aspects of project management, SDLC methodologies, and best practices. |
