For me, the course paid for itself in my next week at work and continues to reap dividends, I heartily recommend this course to all decision makers, not just project managers, as a great course to improve the quality of thought at work, and frankly, in one’s personal life.General Manager Media Delivery Telstra
‘Our entire leadership team participated in a two-day workshop run by ETM Management and it has greatly helped us to completely transform the way we approach, manage and discharge projects. We will never look at project management in the same way again.’CEO and Founder – MRWED
“We engaged ETM Management Training with a view to lifting the level of project management discipline in key areas of our business. We found the training to be well structured and carefully tailored to our requirements, including well researched case studies. The training delivery was excellent, with very positive feedbackExecutive General Manager – Wilson Security
“Program Management Office (PMO) plays a crucial role in actively guiding and supporting the implementation of key strategic initiatives in an organisation. At Warrnambool Cheese and Butter, the PMO was established in January 2013 with the aim of providing governance for large cross-functional growth initiatives for the busiGeneral Manager ICT & PMO
Stephen Dowling of ETM Management Training has worked with NAB for several years now providing an engaging and professional introductory Project Management course. His course gets great reviews from our participants and he is known here as a “best of breed” PM trainer.Manager – PM Capability – NABDo you want to set yourself up for project success Contact Us Now
Finance Essentials for Project Professionals
A new short course in the essentials of finance specifically tailored for those interested in the financial success of projects
"Unlock the mysteries of Finance and learn how to confidently manage the financial performance of Projects"
We aim to provide participants with the knowledge to demystify the often confusing and sometimes intimidating world of Finance. Our focus is to keep things simple, practical, flexible and fun!
This course is targeted to people who may not possess formal Finance qualifications yet their role requires them to speak the language of Finance every day with Project Sponsors, Senior Management, Finance staff and other key project stakeholders.
Unlike generic ‘Finance for the non- Finance manager’ courses, this course has been designed specifically for the Project Professional, by Project and Finance Professionals with an emphasis on relevancy, practicality and immediate application in the workplace.
Our highly experienced facilitators are driven to simplify complex concepts and achieve the right balance between theory and practice. We strive to optimise engagement and encourage open discussion in a non-threatening environment.
Our primary goal is to ensure participants walk away from this short course with a full understanding of the fundamentals of Finance and immediately realise the benefits in their work as a Project Professional.
Introduction to Finance
- All you need to know about debits and credits
- Profit and Loss, Balance Sheet – what do they really tell you?
- Capex vs. Opex
- Core Financial Terminology
- The Accounting Cycle
- Internal Control
- Fixed, variable, direct, indirect costs
- The Labour Rate
- Investment strategy
- Evaluation criteria
- Risks and Contingency
- Preparing a bottom up budget
- Work Breakdown Structures
- Reforecasting and cost management
Project Monitoring and Control
- Reporting Actual Costs
- Cost Control Terminology
- Variance Analysis
- Essential Financial records
- Lessons Learned
ETM’s expectation will be that ALL participants walk away from our short course with the following:
- A sound understanding of the core principles of Financial Management including:
- Familiarity with Financial ‘jargon’
- The ability to easily interpret Financial Statements and identify performance trends
- Insight into the mind of your CFO!
In addition to:
- A sound understanding of Best Practice Project Financial Control including:
- The know-how to create a realistic budget and forecast
- The ability to analyse Project Financial Status Reports
- Strategies to address particular types of budget variances
Two consecutive days.
Who Should Attend?
This course is suited to anyone involved in Projects who wants to improve their financial literacy and know how to confidently manage the financial performance of projects. Participants could include existing project managers, organisational managers, team leaders, business analysts, project officers.
$990 (includes GST) per person.
A specific short course can be designed for corporate clients. Prices are available on request. Please contact the ETM team at email@example.com or call on +61 3 9556 1407.
ETM Management Training is a specialist organisation providing ‘world class’ training programs for project leaders.
“If you think training is expensive try ignorance”