Project Financial Management

Develops a process, mindset and comfort level with project financial management that enables participants to better meet the needs of clients. Addresses needs of project people, clients and company profitability. Begins at the very start of the project and continues through to successful completion. Concentrates on the what, when, where, who, why and how of performing on time and on budget. This training program will arm participants with skills to assess and win work, improve pricing, communicate with client and peers, positively start projects, track and report project progress, timely bill and collect, complete changes while building relationships with clients and successfully manage all size projects.

Numerous real-life experiences and case studies are used to teach and bring to light the principles taught. Sessions are highly interactive with active learning occurring throughout.


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Project Financial Management Flyer
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White Paper – Dirty Dozen Flyer

 

 

 

TRAINING PROGRAM COMPONENTS FOR PROJECT FINANCIAL MANAGEMENT

COMMUNICATIONS
Studies, facts and findings, improving, perception gaps, ways to differentiate, Exercises

TEN COMMANDMENTS
Ten principles to successful Project Financial Management

PROPERLY UTILIZING SYSTEMS
Outline of project stages and example project issues

PROJECT SET-UP
The importance of properly setting up subcontract, purchase orders and tracking systems for project cost

KICK-OFF MEETINGS
Key to successful projects and understanding the client.  What, When, Where, Who, Why & How; Case Study

BILLING & COLLECTING
Importance of cash, ways to do painlessly, methods to maximize cash flow, issues affecting payment, Case Study

TRACKING PROJECT PROGRESS
Using systems and methods in place to track and report project status

CONTRACT CHANGES
Proactively managing, alleviating negative reactions, documenting, Case Study (not part of 1-day program – can be incorporated into a 2-day extended program)

WINNING OUTCOMES
Empowered employees, delighted customers and increased profit

CUSTOMIZING OPTIONS

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relating to this training program