Project Cost and Financial Analysis
Course Duration: 1 day
COURSE OVERVIEW
Project Cost and Financial Analysis Training Course
This course introduces attendees to the underlying principles and practice of managing project cost management and budget. It covers the body of knowledge needed for effective management of projects addressing techniques for project cost management, budgeting and financial analysis; progress reporting and project control such as earned value management (EVM).
The course includes a number of practical exercises to reinforce attendees’ understanding of the relevant concepts and techniques and to allow application of the gained knowledge to real-life projects. The exercises are conducted as a combination of tutorials and activities that step through the various activities, focusing on budgeting management, financial and project control. The course is ideally suited to those who are new to project budgeting and control methods; no prior knowledge or experience is assumed.
- Know various techniques for project cost management and budgeting
- Analyse the financial aspects of projects and develop a time-phased project budget.
- Analyse and control the progress of the project over time
COURSE OUTLINE
This course covers the following topics:Project Cost Management
Financial Analysis | Cost Benefit Analysis | Cost estimating | Cost baseline | Budgeting | Cost control
Project Budgeting Exercise
An exercise focussed on project cost management, development of cost baseline and project budget.
Project Control
Earned value management (EVM)
Project Control Exercise
An exercise to reinforce project control techniques such as EVM.
Project Financial Analysis and Project Selection
Financial Analysis (NPV, IRR, ROI, Payback analysis, etc.) | Weighted Scoring Model
Project Financial Analysis Exercise
An exercise to reinforce financial analysis for project selection techniques such as NPV, IRR, ROI, Payback analysis, etc.
COURSE INSTRUCTOR
Dr Alireza Abbasi is the Coordinator of Project Management programs at UNSW Canberra. He also holds a graduate certificate in University Learning and Teaching from UNSW. His research and teaching interests include project management, management science, information systems management and network science. He has written a book, three book chapters and over 80 technical journal and conference papers.Dr Abbassi has had several appointments and been involved in different projects in IT/Software, Oil, Education and R&D sectors. He is an active member of several professional bodies including Australian Institute of Project Management (AIPM), Project Management Institute (PMI), and Australian and New Zealand Academy of Management (ANZAM).
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