Financial Management for Projects and Contracts

What Will You Learn?

• Day 1: Introduction to Financial Management in Projects and Contracts
• Importance of Financial Management in Project Success
• Key Financial Concepts for Project Managers
• Overview of Project Financing
• Financial Aspects of Contract Management
• Day 2: Project Budgeting and Cost Estimation
• Developing Project Budgets
• Cost Estimation Techniques
• Budget Control Strategies
• Contingency Planning and Management
• Day 3: Financial Reporting and Analysis
• Financial Reporting for Projects
• Earned Value Analysis (EVA)
• Key Performance Indicators (KPIs) for Project Financial Performance
• Interpreting Financial Reports for Decision-Making
• Day 4: Risk Management in Project Finance
• Identifying and Assessing Financial Risks
• Risk Mitigation and Contingency Planning
• Insurance and Hedging Strategies
• Case Studies on Financial Risk Management in Projects
• Day 5: Contractual Financial Management
• Financial Aspects of Contract Negotiation
• Monitoring Financial Performance in Contracts
• Invoicing and Payment Processes
• Final Project: Applying Financial Management Principles to a Project and Contract Scenario