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Finance Basic for Project Management

As a project manager, knowing how to manage project finances is a crucial skill you need to build. Most organizations in this era need multi-skilled project managers, so having basic knowledge about managing finances will give you an advantage in the job market. The primary role of project managers is to ensure projects are delivered […]

As a project manager, knowing how to manage project finances is a crucial skill you need to build. Most organizations in this era need multi-skilled project managers, so having basic knowledge about managing finances will give you an advantage in the job market.

The primary role of project managers is to ensure projects are delivered on time, within budget, and to the satisfaction of stakeholders. Accomplishing this requires some aspect of financial management.

Finance education is crucial for project managers as it provides the necessary skills and knowledge to effectively manage project budgets, financial risks, and overall financial performance.

That’s why we have created a Finance Basics for Project Management course to help you acquire all the basic knowledge you need to manage the finances of your projects.

Why take the finance basics for project management course?

You should take this course because it will give you all the basic financial knowledge and skills you need to become a better project manager. Our Finance Basics for Project Management Course is designed to give project managers a strong foundation in finance, helping them manage projects more effectively and efficiently.

This course will cover the key financial concepts that project managers need to understand in order to manage project finances, including budgeting, forecasting, financial analysis, and reporting.

Areas covered in this Finance Basics for Project Management course

  • Introduction to financial management
  • How banks and Other Financial Institutions operate
  • Financial Planning and Monitoring
  • Financial Analysis and Reporting
  • Accounting and Finance
  • Corporate Financing
  • Financial return and risk-taking basics
  • Saving and investment basics

Where and how can you implement Finance Basics for Project Management principles?

After taking this course, you will have plenty of knowledge and skills that you can apply in different fields of your project management career. Some of the ways you can implement knowledge from our Finance Basics for Project Management course include the following;

  • Defining financial goals and objectives for your projects: This makes it easier to identify the resources required and set a budget for the project.
  • Identifying and managing project risks: As a project manager, you need to work with your team to identify potential financial risks and develop strategies to manage them.
  • Communicating financial information: Project managers should provide regular updates on project expenses and financial performance to stakeholders, including executives, team members, and investors. This requires knowing finance basics.
  • Monitoring project performance: Project managers must track actual expenses and compare them to the budget to identify variances and take corrective action if necessary.

Who Should Take This Course?

  • Project managers: This course is ideal for project managers who want to develop a strong foundation in financial management.
  • Business professionals: This course is also suitable for business professionals who want to improve their financial knowledge and skills.

Overall, the Finance Basics for Project Management Course is a comprehensive and practical course that provides project managers with the financial knowledge and skills they need to manage projects more effectively. With a strong foundation in financial management, project managers can make informed decisions, manage budgets more effectively, and deliver successful projects.

This course has 16 comprehensive modules that you can study at your own pace. It is also fairly priced, considering the value you will get from it.

 

1
Module 01 Introduction to Financial Management (PPT)
2
Module 02 Banks and Other Financial Institutions (PPT)
3
Module 03 Financial Planning (PPT)
4
Module 04 Financial Monitoring (PPT)
5
Module 05 Financial Analysis and Long-Term Financial Planning (PPT)
6
Module 06 Short-Term Financial Planning (PPT)
7
Module 07 Financial Reports (PPT)
8
Module 08 Internal Control (PPT)
9
Module 09 Financial Markets and Institutions (PPT)
10
Module 10 Accounting and Finance (PPT)
11
Module 11 Savings and Investment Process (PPT)
12
Module 12 Measuring Corporate Performance (PPT)
13
Module 13 Introduction to Corporate Financing (PPT)
14
Module 14 International Financial Management (PPT)
15
Module 15 Financial Return and Risk Concepts (PPT)
16
Module 16 Financial Management for Project Managers (PPT)

Quizzes of Finance Basics for Project Managers

1
Module 01: Introduction to Financial Management
3 questions
2
Module 02: Banks and Other Financial Institutions
3 questions
3
Module 03: Financial Planning
3 questions
4
Module 04: Financial Monitoring
3 questions
5
Module 05: Financial Analysis and Long-Term Financial Planning
3 questions
6
Module 06: Short-Term Financial Planning
7
Module 07: Financial Reports
3 questions
8
Module 08: Internal Control
3 questions
9
Module 09: Financial Markets and Institutions
3 questions
10
Module 10: Accounting and Finance
3 questions
11
Module 11: Savings and Investment Process
3 questions
12
Module 12: Measuring Corporate Performance
3 questions
13
Module 13: Introduction to Corporate Financing
3 questions
14
Module 14: International Financial Management
3 questions
15
Module 15: Financial Return and Risk Concepts
4 questions
16
Module 16: Financial Management for Project Managers
4 questions

Free Finance Templates

1
Balance Sheet
2
Break-Even-Analysis-Template
3
Budget Forecast
4
Cash Flow Statement
5
Earned-Value-Management
6
Expense Expenditure
7
Financial Statement Ratio-Analysis-Spreadsheet
8
Income Statement Basic Template
9
Income Statement

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