For 3 registrations from the same entity, a standard 10% discount will apply. For over 4 registrations please contact us.
Tuesday 23/02/2021 - 09:00-17:15
Thursday 25/02/2021 - 09:00-17:15
Project financial management goes well beyond simply planning, capturing, and managing costs on individual projects. It must also address the customer’s need to maintain a balance between the project investment and the expected benefits or returns associated with that project, the potential impact on other projects in the portfolio, and the overall impact on their business results (PMI.org).
Traditionally, the Project Manager’s focus was to bring a project in on time and on budget. In today’s changing environment, the scope of the Project Manager’s job is becoming increasingly broader. As organisations become increasingly project based, Project Managers need to be more financially savvy. Not only must projects be on time and on budget, but they also need to contribute to both shareholder value and the long-term financial success of the business. Looking at projects as “ventures” will require Project Managers to better understand the company’s cash cycle and how each project fits into it (PMI.org).
This continuous professional development activity will explore fundamental financial analysis concepts and terms that project managers should be familiar with.
By the end of the programme, participants will be able to:
The role of financial control in project management.
The application of basic financial knowledge in project management: How to interpret financial statements
The financial accounting method and the financial reporting system in project management
The project cost management
The project budget management
This programme may be approved for up to 14 CPD units in Accounting and Auditing. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.
Who Should Attend
The programme is ideal for project managers at any level that are engaged in business decision making or engage in any way to the project management process and would like to acquire a basic overview of the topic.
Marios Mortis holds a bachelor’s degree in Business Administration in Accounting, a Master’s in Banking and Finance, and he is a qualified member of Association of Certified Chartered Accountants (ACCA). Marios has developed and conducted professional training courses on corporate reporting, Accounting and Finance, and Financial Workshops. He had, also, participated to researches on the area of finance and accounting in both academic and professional level. He has a working experience in the accounting, audit, advisory, assurance and banking sectors in various positions and companies in Cyprus. During last 4 years Marios continued his path in the education field which is a challenging and interesting field for him. He currently works as a Visitor Academic for a local University in Cyprus, where he is teaching courses such as Corporate Governance and Business Ethics, Corporate Finance, Corporate Risk Management and Audit and Assurance. He also holds the position of Trainer & Accountancy Programmes Leader for a local institute where among others he is teaching many courses of various accountancy qualifications, such as the Cash and Treasury Management, Credit Management, Governance, Ethics, and Risks, Management Accounting, and Indirect Tax.