About This Course
Gain the knowledge and tools to manage and report on project financial performance with accuracy and confidence. Learn to forecast costs, interpret variances, and identify improvement opportunities that enhance financial control and transparency.
You’ll apply proven techniques for analysing cost data, managing client change requests, and overseeing procurement and financial closure to ensure projects remain within scope and budget.
By the end of this course, you will:
- Interpret and apply key terms in cost management and forecasting.
- Monitor and analyse financial performance using structured methods.
- Implement approved cost adjustments and maintain up-to-date forecasts.
- Identify improvement opportunities through procurement and resource efficiency.
- Manage cost impacts of change requests and maintain profitability.
- Complete project financial closure and reconciliation activities.
Topics Covered:
- What are some of the terms in Project Cost Management?
- Techniques for monitoring and controlling project costs
- Change Management and costs
- Change effect on Cost
- Implementing cost changes
- Financial improvement
- Cost and Revenue Analysis
- Schedule Improvements
- Procurement Improvements
- Contractor or Subcontractor Improvements
- Managing Change Requests from the client
- Resource Efficiency and Resource planning
- Manage the Project Debtors book
- Project Financial Closure
- Release of resources and third parties
- Procurement Closure
Course Duration: Approximately 30 minutes
Access to Course: 7 days from date of purchase
