This course explores the financial metrics that are commonly used and examines the not-so-obvious financial impact of typical operating decisions and actions. In today’s world of increasing competition and focus on corporate earnings, project and contract managers are held accountable not just for achieving technical and schedule goals, but also for meeting profitability and other financial goals. This course builds on competencies developed in the core management curriculum and examines the inner mechanics of how finance and accounting can impact your project.
You’ll learn about common financial analysis tools in the project environment that link project management to broader corporate strategic goals. Case studies and project-related exercises give you the opportunity to apply these proven tools and techniques. You’ll see how finance often drives organizational decisions and evaluations of project performance. You’ll also learn how operating decisions regarding pricing, terms and conditions, and asset management directly and significantly affect the financial health of your organization.
