Training Course:Accounting and Finance Principles for Project Management Practitioners (Live eLearning)School/Trainer:International Institute for Learning, Inc.
New York City, New York, United States
Course Format: Classroom | E-learning | Virtual Class | Online | On-site | Blended | Self-paced
Course Description:
'' Do you often feel that you are using different numbers to track costs, must support different cost structures and charts of accounts, and also must meet different time frames? Are you unclear about the relationship between your project’s cost system and budget and the accounting and financial systems in use in your organization?
With the increase in use of the management-by-projects concept, projects today are not just viewed as a cost to organizations but are viewed as an investment. The project manager now requires a broader focus in order to ensure whether the project will produce a greater return to the organization. Each project professional must have a thorough grounding in principles of accounting and finance in order to determine the project’s contribution to economic value and to ensure that the project results in a competitive advantage with maximum cash flow.
Learn what you must do in order that any last minute or unplanned costs, expenses, or allocations do not affect your project’s financial outlook.
Who Should Attend
This program is designed for program managers, project managers, and team members with little or no knowledge of corporate or project management accounting and finance.
Performance Focus
The goal of the course is to equip you with the necessary knowledge, skills, and techniques so that you can control the financial profitability of your projects and ensure that your projects meet the financial goals of your organization.
What You Will Learn
You’ll learn how to:
�Describe the reason for doing projects
�Understand the basics of project management
�Understand the cost needs of the project team
�Understand the financial needs of the company
�Describe how these two apparent conflicting worlds really do reconcile
�Perform simple financial/accounting analysis
�Perform simple project performance analysis
�Understand how cash flow and project performance baselines are different
�Reconcile and work within those differences
�Focus on what we do �but also WHAT WE SHOULD BE DOING
Course Overview
Introduction
�Objectives
�Benefits of project management
�A project focus vs. an organizational focus
�Accounting and finance in the organization
�The project manager’s financial responsibility
The Project Management World
�Financial management
�Focus on project management
�Project life cycles
�Budget cycles
�Unified Project Management® Methodology
�Project decision checkpoints
�Filtering / Pipeline Process
�Triple constraints in project management
�Project estimating
�Project budgeting
The Financial Management World
�Focus on financial management
�Financial cycles
�Budget Cycles
�Project Decision Checkpoints
�Filtering / Pipeline Process
�Triple Constraints
�Basic Financial Principles
�Example Profitability Measures
�ROI
�ROE
�PV
�IRR
�Break-Even Analysis
�Cost Versus Revenue
�Cost Types
Merging the Two Worlds
�Budget Cycle vs. Project Life
�Financial & Project Management
�The Two Worlds Together
�Financial & Project Management
�Project Performance
�Status Reporting
�Earned Value Analysis
...''
Please go to the school's official website for training price and schedule:
http://www.iil.com/
Phone:800-325-1533 or +1-212-758-0177
School Address:
110 East 59th Street, New York, NY 10022-1380
Jobs & Resumes: New York City
Houses & Roommates: New York City
Travel Agencies: New York City
Search other schools for Accounting and Finance Principles for Project Management Practitioners (Live eLearning) training resources.
Other training courses offered by International Institute for Learning, Inc.:
Advanced Project Procurement Management (Live eLearning)
Advanced Project Quality Management (Live eLearning)
Advanced Project Risk Management (Live eLearning)
Associate Certificate in Project Management Prep. (live eLearning)
Assuring Quality Through Acceptance Testing (Live eLearning)
Blue Belt Professional - Managing Multiple Projects Using Project Server 2003 (Live)
Business Analysis Fundamentals (Live eLearning)
Business Process Modeling (Live eLearning)
Developing the Business Case (Live eLearning)
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