Assignment for you

 មូលដ្ឋានគោលការណ៍គណនេយ្យនិងហិរញ្ញវត្ថុ

Target Audience:

• Project Managers
• Project practitioners
• Individuals taking part in managing budgets
• Individuals who seek to improve their knowledge in basic accounting and financial concepts

Learning Objectives:

At the end of this course, you will be able to:

• Articulate to stakeholders the financial status of the project
• Explain aspects of corporate accounting
• Gain focus on and maintain control over project estimates, profitability, and performance
• Show the connection between corporate finances and the impact on projects
• Analyze the financial aspects of projects
• Make an informed decision with respect to pricing, contract, progress, and project risks
• Use financial information within a project environment to predict/influence final results
• Recognize the project manager’s financial responsibilities

Prerequisites:

It is recommended that the participant has basic knowledge/understanding of project management foundations and principles.

Course Materials:

Students will receive a course manual with presentation slides and reference materials.

Examination:

There is no exam for this course.

Technical Requirements:

For eBooks:

Internet for downloading the eBook

Laptop, Tablet, Smartphone, eReader (No Kindle)

Adobe DRM supported software (e.g. Digital Editions, Bluefire Reader)

eBook download and activation instructions

Agenda:

Introduction and Overview

• Benefits of project management
• Project contracting and procurement
• Key terms
• Financial cycles

Project Accounting and Financial Basics

• Determine project’s financial needs
• Roles and responsibilities
• Financial statements and balance sheets
• Income statement, revenues, and expenses
• Cash flow statement
• Basic accounting
• Depreciation

Financial Justification and the Project Business Case

• Portfolio management: aligning strategy and projects
• Project decision points and gating
• The project business case

Measure, Control, and Forecast - Financial and Profitability Measurements

• Financial principles and common financial metrics
• Review of purposes, measurements, and sentiments

Applying Finance and Accounting Principles to Project Management (including a review of Earned Value Management)

• Project cost estimates and forecasting
• Measuring project performance
• Project financial performance and profitability
• Status reports
• Earned value management