Sign Up for Our Certificate in Project Budgeting & Cost Management Training

Why Attend?

This project cost management course places an emphasis on a variety of tools and techniques used for the purpose of cost estimation and budgeting in project management and monitoring variances over a period of time in the process.

The course outlines the key concepts applicable to project management structures and processes and provides a walkthrough of the process in developing a project plan and budget, evaluating the feasibility of the project and assessing the key risks for the project. The course concludes with an overview of project financing sources and the techniques used to monitor and evaluate variations in the budgeted performance of the project over time

Benefits Of Attending

• Review the basics of project management 
• Understand the differences between project and operational management 
• Gain insight into feasibility evaluation of projects 
• Understand different techniques used to support capital investment decisions 
• Explore alternative means of accessing and tapping into project finance resources

Learning Objectives

1. The fundamental concepts of planning and evaluating projects 
2. The fundamental concepts and principles of effective budgeting 
3. Developing project milestones and the work breakdown structure 
4. The processes applicable to compiling and monitoring budgets 
5. Assessing revenue-based projects using breakeven analysis

Who Should Attend

This course is designed for all professionals responsible for the budgeting and/or planning of projects in their organisations, including:

• Financial Directors 
• Financial Managers Banks, lenders and project investors 
• Government officials involved in PPP initiatives 
• Programme directors 
• Project managers 
• Programme sponsors
• Business unit managers involved in addressing the influences that affect the governance, risk and compliance requirements within their areas of responsibility

Course Information

The course will guide you in understanding how financial budgeting aspects can be incorporated into your project management environment and teach you how to improve the management of projects through an understanding of key topics including:

• The fundamental concepts of planning and evaluating projects
• The fundamental concepts and principles of effective budgeting
• Developing project milestones and the work breakdown structure
• The processes applicable to compiling and monitoring budgets
• Assessing revenue-based projects using breakeven analysis
• Evaluating the feasibility of projects using various approaches – including the payback rule, profitability index, accounting rate of return and cost-benefit analysis

Delivered by Peter

Peter specializes in corporate management consulting, strategic planning, supply chain management, ERP systems, ESG, and performance strategies

Certified by PMI UK

The PMI® Authorized Training Partner seal is a mark of the Project Management Institute, Inc.

Run this course in-house

For over 29 years, Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement