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Public Training Courses
Certified Training Courses

Financial Management for Projects & Contracts

Why Attend

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.

Overview

Course Outline

Schedule & Fees

Course Methodology

Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing

Course Objectives

Communicate more effectively with accounting and financial personnel; Read, understand, and analyze accounting and financial data; Expand your work in project scheduling and cost control to encompass additional financial metrics and tools; Minimize project financial risk; Develop and apply tools for comparing project financial returns; Understand how finance often drives organizational decisions and evaluations of project performance.

Target Audience

Target Competencies

n/a

DAY 1 - Fundamentals of Finance

  • Financial accounting concepts
  • Generally accepted accounting principles

  • Reading and understanding financial statements

  • Financial analysis

  • Managerial accounting

  • Business case consideration

  • Cost vs. revenue

  • Profitability measures

  • ROS

  • ROA/EVA

  • ROE

  • IRR

  • Time value of money

  • Discounted cash flows

  • Direct vs. indirect costs

  • Fixed vs. variable vs. semi-variable costs

  • Break-even analysis

DAY 2 - Contract Profitability - Pricing

  • Pricing strategy and tactics

  • Profit planning

  • Cost estimating

  • Cost-based pricing

  • Market-based pricing

  • Value-based pricing

  • Profit objective

    • Market structure

    • Follow-on business

    • Risk

    • Z score

  • Market structure

  • Follow-on business

  • Risk

  • Z score #

DAY 3 - Asset Management - Cash is King

  • Cash
  • Timing of cash flows

  • Accounts receivable

  • Inventory

  • Equipment

  • Revenue recognition

  • Financing arrangements

DAY 4 Terms & Conditions (Ts & Cs) - Best Prices

  • Value, cost, and risk

  • Asset-friendly Ts and Cs

  • Unfavorable Ts and Cs

  • Metrics to evaluate

DAY 5 - Cost Estimating What Works Best

  • Cost estimating methods

  • Planning and scheduling

  • Making sense of historical data

  • Experience curves

  • Relationship between cost estimating and pricing

$2475

Cape Town

Country: South Africa

Duration: One week

Date: 17–21 Nov 2025

Register

$4475

Rome

Country: Italy

Duration: One week

Date: 30 Mar–03 Apr 2026

Register