PTCPM014

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Finance for
___Project Managers
___ PTCPM014 (1.0 Days ->7 PDU)

Minimum that a PM needs to know !
 

Overview
Managing a budget and understanding finance are fundamentals you can't ignore in business. But if you've no experience of accounting or economics it can be difficult to make sense of them fast. Mid to upper-level managers from areas such as marketing, sales, I.T., project management, manufacturing or engineering, as well as general
managers who have been promoted through this route, discover how financial data are generated, reported and used for decision making, analysis and valuation.
When working with partners, suppliers or investors, the project/product/purchasing managers need to be able to speak the financial language in order to communicate the financial risks that an opportunity may present. Also when dealing with cost reduction projects that should be delivering contribution to the bottom line, it is important to understand key financial statement to ensure that the target benefits are actually achieve in the P&L.

Our Course
This course has been designed to fill the finance knowledge gaps of non-financial managers. You begin by looking at the different types of financial information and how businesses are financed, focusing on the role of Accountant. The second module gives you skills to understand balance sheets, profit and loss accounts, and cash flow forecasts so that you can interpret the information they provide and manage working capital. The final module looks at the main techniques used to evaluate investment proposals and how to interpret them, along with the non-financial factors that can have a bearing on your decisions.

Coverage

  • Understanding the business environment
  • Financial Statements (P&L,B/S, Cash Flow)
  • Key ratios and a quick method for analysis
  • Investment decision_methods

Some Customers
Alstom
Johnson & Johnson
Henkel
Nokia
Roche
EIPM

NOTE: PMP you get 7 PDU for this course

Who Should Attend

  • Directors (IT, Marketing, Operations, Eng. R & D)
  • Engineers/ IT professionals
  • Operation /Process leaders
  • Buyers/ Purchasing managers
  • Marketing/Customer service __Managers
Ask for a quote

  • Training at your Location
  • Training offsite
  • Cost $Cnd/Day + Tutor travel & living expenses

 

 
Price does not include exam fee

For More Info Click Here

 Our Facilitator
Sylvain Gauthier is a bilingual professional specializing in project management in the field of new product and business development. He holds a MBA from the Universite de Montreal and attained his PMP qualification in 1998. Sylvain has a solid background and extensive experience in business,planning, cost management and the implementation of project management office for large corporations. For the past 15 years he has worked with project teams with telecom service providers, equipment manufacturer, IT, TV broadcasting and e-business in Canada, US, Europe and Asia.

Why this course from us is the best in the Market ?

  • Developed and deliver by non financial experts , you will learn the financial jargon and a simple traffic light method that will allow to make sense of the financial statement and make you knowledgeable quickly of what's going on.
  • The training is focusing on providing only the key elements in finance and accounting to provide you tools in your bag to face difficult business questions at all time.
Last Updated ( Tuesday, 04 November 2008 12:56 )