Certificate in Project Budgeting & Cost Management

Why Attend?

The Certificate in Project Budgeting and Cost Management introduces a variety of tools and techniques used for the purpose of preparing a financial budget for a project and monitoring budget variances over the duration of the project.

The course outlines the key concepts applicable to project management structures and processes and provides a walkthrough of the process in developing a project plan and budget, evaluating the feasibility of the project and assessing the key risks for the project. The course concludes with an overview of project financing sources and the techniques used to monitor and evaluate variations in the budgeted performance of the project over time.

Benefits Of Attending

• Review the basics of project management 
• Understand the differences between project and operational management 
• Gain insight into feasibility evaluation of projects 
• Understand different techniques used to support capital investment decisions 
• Explore alternative means of accessing and tapping into project finance resources

Learning Objectives

1. The fundamental concepts of planning and evaluating projects 
2. The fundamental concepts and principles of effective budgeting 
3. Developing project milestones and the work breakdown structure 
4. The processes applicable to compiling and monitoring budgets 
5. Assessing revenue-based projects using breakeven analysis

Who Should Attend

This course is designed for all professionals responsible for the budgeting and/or planning of projects in their organisations, including:

• Financial Directors 
• Financial Managers Banks, lenders and project investors 
• Government officials involved in PPP initiatives 
• Programme directors 
• Project managers 
• Programme sponsors
• Business unit managers involved in addressing the influences that affect the governance, risk and compliance requirements within their areas of responsibility

Course Information

• Review the basics of project management
• Understand the differences between project and operational management 
• Build, monitor and control your project budget Identify and evaluate how costs influence your project budget 
• Explore different techniques used to evaluate the feasibility of projects 
• Learn to manage and account for risks in projects

Delivered by Peter

Peter is a business management consultant and professional skills management trainer. He is an Executive Director of a South African based consulting practice, which he established in 2004 using the extensive experience gained through his exposure to the holistic corporate financial services environment, where he spent the first twenty years of his career.

Certified by PMI UK

The PMI® Authorized Training Partner seal is a mark of the Project Management Institute, Inc. Informa Connect Academy is an Authorized Training Partner (ATP) with the Project Management Institute (PMI). As an ATP, Informa Connect is approved by PMI to offer the PMP exam preparation course and issue Professional Development Units (PDU) for training courses in the field of project management.

Run this course in-house

For over 29 years, Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement