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Financial Management for Project Managers

Financial Management

Learn to drive project success through strategic finance management skills

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Financial Management For Project Managers Course Highlights

Keep Your Project Spends on Track

2-Day Live, Instructor-Led Online Training

Industry-Validated Downloadable Courseware

Intensive Training in Financial Management

Real-World Simulations & Case Studies

Specialized Course Materials for Enhanced Learning

Access to Digital Library of Learning Resources

Project Managers must manage their project’s finances transparently as the company’s assets are at stake. It is their responsibility to ensure sound financial management and forecasting of project outcomes over the life of the project. This enables the project team to meet the business case objectives laid out in the Project Charter.

KnowledgeHut’s comprehensive and practical course on Financial Management will help you sequentially plan and manage the finances of your project or program. This experiential course delivers a perfect balance of theoretical learning and hands-on practice and enables participants to develop expertise to maintain project profitability and performance.

Starting from how to build a business case, you will go on to learn about cost estimating, risk contingency, expected monetary value, and overall project management using Earned Value Management. Enroll now and learn how to gain control of your project finances and ensure its success.

On successful completion of the course, you will receive a Course Completion Certificate from KnowledgeHut with Credits (1 credit per hour of training).

Why KnowledgeHut For Financial Management Course

Get The KnowledgeHut Advantage

Solid Track Record

KnowledgeHut has empowered over 450,000 professionals with certifications in numerous domains

Learn from Industry Experts

Interact and engage with certified instructors who are also industry experts

Learn from an Advanced Curriculum

Get the latest skills and master all concepts with the latest and the most updated curriculum

Hands-On Training

Learn with the help of practical case studies, hands-on exercises, and guided assessments

Build From the Basics

Learn concepts from scratch by learning through step-by-step guidance and detailed feedback

Continual Learning Support

Monthly webinars, e-books, tutorials, interview questions and more to strengthen your learning

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Financial Management For Project Managers COURSE REVIEW

Our Learners Love Us

Fantastic experience

I recently completed a course with KnowledgeHut and had a fantastic experience. The course content was well-structured, combining theoretical knowledge with practical application. Instructors were knowledgeable and engaging, making complex concepts easy to understand.

The platform was user-friendly, and the supportive community of fellow learners added great value to the experience. Overall, I highly recommend KnowledgeHut for anyone looking to upskill or advance their career!

Anand Gupta
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Stress-free learning

I found a course that suited my timezone and preferred dates easily, and the course presenter was really very good. I learned a lot. I plan on using KnowledgeHut again for future certifications as I found everything stress-free and easy (picking a suitable teacher and course, paying, all the correspondence, logging into the portal to attend the course etc etc). Overall very impressed and happy with the service.

Kari Elise
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Exceptional trainers

Knowledge hut is a great space to enhance your learning journey. They have a wide variety of courses along with some exceptionally talented trainers who deep dive into the topic and explain. I have completed 2 certifications via knowledge hut and I am very well satisfied with them.

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Beyond expectations

I am impressed with the overall training delivery experience from KnowledgeHut UpGrad. I received instructions/reminders/post-session correspondences well before time, beyond my expectations. Pricing is fair and further referral bonus too one can have for another course.

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Prerequisites for Financial Management Course

Prerequisites and Eligibility
  • There are no prerequisites for attending this course.
  • Fundamental knowledge of project management would be beneficial.
Prerequisites and Eligibility

Financial Management Course Syllabus

Curriculum

1. Initiating a Project

Topics:

  • Learn how to initiate a project and start monitoring its finances

2. Preparing a Business Case

Topics:

  • Understand how to meet business case objectives as per the Project Charter

3. Benefits of a Business Case

Topics:

  • Learn about the benefits of a Business Case

4. Financial Selection Methods

Topics:

  • Understand the various financial selection methods available to project managers

5. Traps to Avoid

Topics:

  • Understand the various traps to avoid while planning a project budget

6. Non-Financial Criteria

Topics:

  • Understand all the non-financial criteria to remember while monitoring costs

7. Financing Your Project

Topics:

  • Learn about the various ways to finance your project

8. Cost Management

Topics:

  • Understand how to manage project costs and avoid overspending

9. Estimate Costs

Topics:

  • Learn about the different ways in which you can estimate costs

10. Preparing a Project Budget

Topics:

  • Understand what constitutes a project budget and how to prepare one

What You'll Learn in the Financial Management Course

Learning Objectives
Planning Project Costs

Understand how to plan and forecast project finances as per a budget

Control Project Costs

Understand how to control project costs so that it stays within budget

Estimating and Overall Costing

Make informed decisions regarding estimating and overall costing

Overall Cost Management

Learn the nitty-gritties of overall project cost management

Project Budgeting

Learn to prepare business cases and project budgets

Stakeholder Communication

Understand how to effectively communicate to stakeholders about project finances

Who can attend the Financial Management Course

Who This Course Is For?
  • Project Managers
  • General Managers
  • Finance Officers
  • Accounting Officers
Who Should Attend

Financial Management Courses FAQs

Frequently Asked Questions
Financial Management Training

1. What practical skills can I expect to have after completing the Financial Management for Project Managers Course?

During this two-day course, a variety of topics will be covered with the aim of giving you a strong foundation in financial management for projects. The following are the practical skills you’ll gain on course completion:

  • Controlling project finances
  • Making informed decisions regarding estimating and overall costing
  • Managing overall project costs
  • Preparing business cases, estimating costs and preparing project budgets
  • Effectively communicating to the team and stakeholders about project finances

These skills will help you plan and monitor the financial health of your projects and help them stay on track and within budget.

2. Who is the target audience for this course?

This course is apt for project managers and any other team member responsible for managing the budget and finances of a project. Some examples of professionals who would benefit from attending this training and certification are:

  • Project Managers
  • General Managers
  • Finance and Accounting Officers

3. Are there any prerequisites for this training?

There are no prerequisites to take this course. If you have prior experience in managing projects and knowledge of project management at a fundamental level, you would be able to better understand the course modules.

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