Financial Concepts for Project Management (PMP)
Understand how to evaluate various projects using the help of Financial Analysis.
Updated on Jun, 2025
Language - English
Business,Project management,PMI Project Management Professional(PMP)
Lectures -34
Duration -4.5 hours
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Course Description
Financial Concepts for Project Management:
This course will enable students & professionals to become more efficient in managing projects by understanding how to evaluate various projects using the help of Financial Analysis.
It will focus on teaching various project evaluation techniques such as Present Value, Discounted Cash Flow, Payback Period, etc. which is prerequisite for evaluating which new Investment opportunities to be pursued.
It will also involve an understanding of how to develop Forecast and Budget for new projects and how to keep a track of the actual progress of those new projects by means of Variance Analysis.
Through these tutorials we shall brush upon the very basic of financial analysis and understand various terms associated with it. The training has been taken with the help of practical illustrations and examples to understand the topics better.
Target Customers:
- Accountants
- Cost Accountants
- Tax consultants
- Students
- Project Managers
Goals
- Grasping Economic Policies:
Have initial comprehension of major monetary concepts and principles applicable to project management like budgeting, forecasting and reporting. - Employ Financial Analysis Instruments:
Learn how to use financial analysis methodologies to appraise the viability of a project, measure its financial performance and base decisions on facts during its entire life cycle. - Administration of Project Budgets:
Gain expertise in developing, managing and controlling budgets for different projects including how to estimate costs, monitors them over time as well as analyze the variations. - Study Managing Financial Risks:
Recognize financial risks that come with projects then put in place strategies that can manage such risks efficiently. - Make Use of Monetary Instruments and Software:
Become conversant with financial instrument and software typically used in project management as far as budgeting, forecasting and financial reporting is concerned.
Prerequisites
Pre-Requisites:
- Foundation knowledge of Accounting terms
- Passion to learn and apply
Curriculum
Check out the detailed breakdown of what’s inside the course
Introduction
1 Lectures
-
Introduction to Financial Statements
03:19
03:19
Getting Started
3 Lectures
Understanding Balance Sheet
3 Lectures
Using Income Statement
2 Lectures
Growth Analysis of Project
2 Lectures
Cash Flow
8 Lectures
Present and future value
5 Lectures
Net Annual Cashflow
6 Lectures
Forecasting and Budgeting
2 Lectures
Variance Analysis
2 Lectures
Instructor Details
Corporate Bridge Consultancy Private Limited
Corporate Bridge Consultancy Private Limited - EDUCBA is an initiative by IIT IIM Graduates, We are one of the leading providers of skill-based education addressing the needs of 1,000,000+ members across 70+ Countries. With more the 15+ years of experience in Training and Development, our expertise lies in Self-paced learning, Digital Learning content, Corporate Training, Content Development and Consultancy.
Our Vision:
To be a leading and progressive partner with our clients in their journey of progress.
"We are passionate about our work. We believe in empowering and improving our members’ lives with skill-based, hands-on training programs."
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