Financial Management in Projects and Programmes

5 Modules

20 Lessons

Beginner to Intermediate

Mastering the Art of Project Economics and Value Delivery

Course Summary

Financial management is at the heart of successful projects and programmes. By integrating budgeting, cost controls, and financial analysis into the project lifecycle, organizations can better allocate resources, mitigate risks, and realize higher returns on investment. This comprehensive course will equip you with the knowledge and techniques to manage the financial aspects of projects and programmes with confidence. Through interactive discussions, case studies, and group exercises, participants will explore how to align project financials with business strategy while balancing constraints of time, scope, and quality. Whether you’re developing cost estimates or managing stakeholder expectations around budgets, this course will empower you with best practices for sound financial decision-making.

Course duration:

Five days (In-Person and Online Options available)

Course Overview:

In this 5-day training, you will gain a deep dive into financial planning and management throughout the project lifecycle—from cost estimation and budgeting to performance tracking and closing. You’ll learn how to apply financial analysis tools and techniques to evaluate project health, implement effective controls, and communicate insights to stakeholders. A blend of theoretical frameworks and practical exercises will ensure that you can immediately apply your new knowledge. You’ll leave this course with a robust toolkit to confidently lead projects towards financial success and deliver sustained value in complex business environments.

What you'll get:

•Comprehensive understanding of project/programme financial management fundamentals

•Practical tools for effective budgeting, cost control, and financial reporting

•Improved ability to analyze project value, ROI, and cost-benefit approaches

•Strategies for managing financial risks and addressing stakeholder concerns

•Hands-on experience through case studies and real-world examples

•Certificate of Completion and course materials for future reference

Interactive Learning: Engaging sessions with real-world examples and live demonstrations.
Practical Focus: Hands-on labs to apply theoretical concepts in real-world scenarios.
Collaborative Activities: Group exercises and discussions to enhance understanding.

Course Curriculum

Day 1

Foundations of Financial Management in Projects

1.Introduction to Project Finance Principles

2.Importance of Cost Estimation & Budgeting

3.Key Stakeholders and Financial Responsibilities

4.Defining Financial Success Criteria

5.Understanding Project vs Programme Financial Scope

6.Overview of Tools & Techniques (Excel, Financial Dashboards)

Day 2

Cost Estimation and Budgeting

1.Techniques for Accurate Cost Estimation

2.Developing Work Breakdown Structures (WBS) for Budgeting

3.Resource Allocation and Forecasting

4.Building and Maintaining a Budget Baseline

5.Managing Contingency and Reserves

Day 3

Financial Controls and Reporting

1.Earned Value Management (EVM) and Variance Analysis

2.Cost Control and Performance Tracking

3.Forecasting Techniques (Estimate at Completion, etc.)

4.Financial Reporting and Dashboards 5.Identifying and Handling Cost Overruns

Day 4

Risk Management and Financial Governance

1.Financial Risk Identification and Assessment

2.Mitigation Strategies for Financial Risks

3.Governance and Compliance in Project Finance

4.Capital Expenditure (CapEx) vs Operating Expenditure (OpEx) Management

5.Stakeholder Communication on Financial Matters

Day 5

Advanced Topics and Final Integration

1.Cost-Benefit Analysis and ROI

2.Programme-Level Financial Management and Value Realization

3.Auditing, Quality Assurance, and Continuous Improvement

4.Lessons Learned and Knowledge Transfer

5.Final Group Exercise: Presenting a Financial Management Plan

Who This Course Is Suitable For •Project and Programme Managers seeking to deepen their financial skills •Professionals aspiring to take on finance-related project roles •PMO staff members responsible for project/programme oversight •Finance Managers working closely with project teams •Business Analysts looking to enhance financial components of project plans

Student watching the Integrating sustainability into Project Management course

Prerequisites

•Basic understanding of project management concepts
•Familiarity with general financial terminology and spreadsheets
•No specific certification required, but experience in project environments is beneficial

Delivery Method

•In-Person Classroom or Virtual Instructor-Led (depending on your organization’s preference)
•Combination of lectures, interactive workshops, case studies, and group discussions
•Real-time feedback and personalized guidance from the instructor
•Access to digital course materials, tools, and resources after the course concludes

Certificate

Participants will receive a certificate upon successful completion of the workshop, validating their understanding and proficiency in integrating sustainability into project management practices.