Financial Management for Project Managers

Plan project finances efficiently to achieve timely business outcomes

  • Learn how to estimate costs and prepare contingency plans for financial risks
  • Learn to monitor spending so the project is completed within timelines and budgets
  • Understand how to meet project objectives laid out in the Project Charter
  • 350,000 + Professionals trained
  • 250 + Workshops every month 
  • 100 + Countries and Counting 

Keep Your Project Spends on Track

Project Managers must manage their project’s finances transparently as the company’s assets are at stake. It is their responsibility to ensure sound financial management and forecasting of project outcomes over the life of the project. This enables the project team to meet the business case objectives laid out in the Project Charter.

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Highlights

  • 2-Day live, instructor-led online training

  • Industry-validated courseware

  • Intensive training in Financial Management

  • Real-world simulations & case studies

  • Specialized course materials

  • Access a digital library of learning resources

The KnowledgeHut Edge

Solid Track Record

KnowledgeHut has empowered over 350,000 professionals with certifications in numerous domains.

Learn from Industry Experts

Interact and engage with certified instructors who are also industry experts

Learn from an Advanced Curriculum

Get the latest skills and master all concepts with the latest and the most updated curriculum

Hands-On Training

Learn with the help of practical case studies, hands-on exercises, and guided assessments

Build From the Basics

Learn concepts from scratch by learning through step-by-step guidance and detailed feedback

Continual Learning Support

Monthly webinars, e-books, tutorials, interview questions and more to strengthen your learning

Prerequisites

Prerequisites for this Course

There are no prerequisites for attending this course.

A fundamental knowledge of project management would be beneficial.

Who should attend this Course?

Project Managers

General Managers

Finance Officers

Accounting Officers

Schedules

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What you will learn

Planning Project Costs

Understand how to plan and forecast project finances as per a budget

Control Project Costs

Understand how to control project costs so that it stays within budget

Estimating and Overall Costing

Make informed decisions regarding estimating and overall costing

Overall Cost Management

Learn the nitty-gritties of overall project cost management

Project Budgeting

Learn to prepare business cases and project budgets

Stakeholder Communication

Understand how to effectively communicate to stakeholders about project finances

Transform Your Workforce

Help Your Team Manage Costs

For well-rounded project management teams, knowledge of adequate and timely monitoring of project costs ensures greater project success with adherence to timelines and budgets. Enable your team to leverage the power of sound financial management to ramp up project efficiency with the Financial Management for Project Managers course.

  • Custom Training Solutions
  • Immersive Learning
  • Learn by doing approach
  • Immediately applicable skills

500+ Clients

  • Learn how to initiate a project and start monitoring its finances
  • Understand how to meet business case objectives as per the Project Charter
  • Learn about the benefits of a Business Case
  • Understand the various financial selection methods available to project managers
  • Understand the various traps to avoid while planning a project budget
  • Understand all the non-financial criteria to remember while monitoring costs
  • Learn about the various ways to finance your project
  • Understand how to manage project costs and avoid overspending
  • Learn about the different ways in which you can estimate costs
  • Understand what constitutes a project budget and how to prepare one
  • Understand the various ways in which you can track and control costs
  • Understand overall project management using Earned Value Management

Financial Management Training FAQs

Financial Management Training

During this two-day course, a variety of topics will be covered with the aim of giving you a strong foundation in financial management for projects. The following are the practical skills you’ll gain on course completion:

  • Controlling project finances
  • Making informed decisions regarding estimating and overall costing
  • Managing overall project costs
  • Preparing business cases, estimating costs and preparing project budgets
  • Effectively communicating to the team and stakeholders about project finances

These skills will help you plan and monitor the financial health of your projects and help them stay on track and within budget.

This course is apt for project managers and any other team member responsible for managing the budget and finances of a project. Some examples of professionals who would benefit from attending this training and certification are:

  • Project Managers
  • General Managers
  • Finance and Accounting Officers

There are no prerequisites to take this course. If you have prior experience in managing projects and knowledge of project management at a fundamental level, you would be able to better understand the course modules.

Workshop Experience

Currently, all our courses are offered online as live, interactive, trainer-led sessions where you will get to learn directly from the trainer with opportunities to discuss and clear doubts.

Our instructors are top project managers with several years of industry experience. They also have hands-on experience and will be able to tell you the practical aspects of what you are learning.

Our courses are delivered through live interactive virtual classrooms and can be structured over four days or more.

Our training focuses on interactive learning. Most class time is dedicated to hands-on exercises, lively discussions, and team collaboration, all facilitated by the trainer who is experienced in financial management in the context of project management. The focus is on finding practical solutions to real-world scenarios in various projects environments, both big and small.

No, you do not need to record the sessions, the sessions will be auto recorded on our LMS, you will be able to refer to them.

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