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Finance for Project Managers Finance for Project Managers

Finance for Project Managers

Every company and every project have a cash cycle, and there is a growing need for financially fluent project managers who understand how projects contribute to the long-term financial success of the organisation. 

This course is designed to help non-financial managers learn key concepts and tools to ensure projects add to shareholder value. 

Master key financial concepts for better project investment decisions.
Certificate of Completion, 7 PDUs
1 Day
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  • Overview
  • Certification
  • Syllabus
  • Requirements
  • Why IPM
  • Dates
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Manage projects with long-term financial success

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.

This course is designed to give you a comprehensive knowledge of core fundamentals of finance and accounting in an easily understandable way. You will learn key financial terms and concepts to help you with planning, tracking, and evaluating a project or a business plan.

Gain a practical understanding of how to use financial data to inform and impact the decision-making process and be able to make more informed decisions within your organisation.

What will I learn?

This course is designed to broaden your understanding of financial concepts and how they can apply to investment decisions of future projects as well as the expected rates of return.

By the end of the course, you will be able to better understand the company’s cash cycle and how each project fits into it. You will have a thorough grounding in financial management and the provision of financial information (reporting) on projects.
  • Goals of financial management
  • Cash cycle of the enterprise
  • Reporting the results – the four financial statements
Financial Statement Analysis
  • Profit & Loss Account
  • Balance Sheet
  • Fixed costs and break-even analysis
  • Understanding changes in owner’s equity and financial position
  • Measurements of business performance: ratio analysis – profitability, liquidity working capital efficiency, gearing and return of investment
  • Strategic financial analysis
  • Financing a project
Project Budgeting and Methods to Evaluate Cash
  • Factors affecting discount rates
  • Capital budgeting
  • Accounting rate of return, ARR or ROI
  • Payback period
  • Net present value (NPV)
  • Internal rate of return (IRR)
  • Types of budgets
  • Risk management
  • Asset management 
  • Fixed assets and depreciation
Controlling the Project
  • Controlling schedules and budgets
  • Organisational requirements for project control
  • Earned value metrics (EMV)
  • The value of real-time ABC for control
  • Example: application of earned value techniques
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Why do this course?

The focus of this course is to help you master the fundamental financial terms and concepts – a knowledge every project manager should have while cost planning for a new project.

Having the skills to create a cash flow forecast for a project can help foresee the potential loss and then think of how to avoid it. Building a project budget and monitoring and controlling it throughout is not easy, but this course can help clarify some steps in that process.

By doing this course, you will benefit from interactive lectures delivered by an internationally renowned academic and project management practitioner with real-industry experience.

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This course is perfect for...

  • Project, Programme and Portfolio Managers 
  • Project Sponsors 
  • Business leaders and decision-makers 
  • Mid to senior-level professionals implementing change and organisational strategy 
  • Professionals who wish to broaden their understanding of financial concepts and how these concepts apply to decisions to invest in projects and the expected rates of return 
Why Study With IPM?
Reputation & History
Project Management Experts
Unparalleled Experience
Student Hub & Community
Support Team
Reputation & History
  • Established in 1989 as the first Irish professional body dedicated to the promotion of project management as a discipline.
  • Trained 40,000 Professionals and Certified 6,000 Project Managers.
  • National Body for IPMA® in Ireland.
  • First PMP Certification exam hosted in Ireland.
  • Globally recognised certification body.
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Project Management Experts

The Institute is a specialist organisation dealing solely with the discipline of project, programme and portfolio management. Unlike other organisations, who offer a large variety of training programmes across many functional areas, our focus is purely on project management.

As a result, we attract the highest calibre of international lecturers – who offer invaluable knowledge to our students.

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Unparalleled Experience

Our graduates are instructed by a world-class faculty composed by a group of subject matter experts with unparalleled proficiency and knowledge in project, programme and portfolio management.

Lecturers range from Project Directors to former Heads of Project Management Certification Authorities.

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Student Hub & Community

Our dedicated Student Support team is here to help you stay relevant and connected to achieve your goals.

Joining the Institute’s community offers you an immersive and engaging learning experience where flexibility and interaction are key. Classroom and virtual learners will gain access to the Institute’s hub where they can find additional resources and connect with other participants to brainstorm, be inspired and share ideas.

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Support Team

We appreciate that at times it can be challenging to balance work, family and personal commitments while staying relevant and on top of your professional development. Our expert-led distance learning team is here to help you stay relevant and connected anytime, anywhere.

Fee & Schedules

We don't currently have public dates advertised for this course - however please click here to request dates or for further information.
This course can be provided to your staff at your own premises with a convenient and cost-effective solution. Learn more

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Student Reviews

Google (100+ reviews)
Ex-student recommends taking Project management diplomas at institute in Dublin
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Student Reviews
Student Reviews
Quality lecturers and course material
Highly recommended. I upskilled by doing the project management diploma and it helped me secure a new job.
I found this to be an interesting course with engaging material
The presenter was engaging and kept us interacting with questions. The material was easy enough to follow, with relevant slides included. The class was small which allowed us each to ask questions and voice our thoughts without feeling intimidated and struggling to get a word in. Overall, I would recommend this course to anyone working in large teams in a commercial environment.
Check out our Google Reviews
Over the past 30 years, the Institute has dedicated itself to creating the highest quality education, certification and member services in Project Management – resulting in international recognition for excellence. We have trained over 40,000 students and you can check out their reviews here.
The support and guidance provided was excellent
I undertook a course with the Institute in April 2021 and the support and guidance provided were excellent. The course content and delivery far surpassed my expectations and I would recommend the Institute to anyone wishing to commence or continue their Project Management education.
Delivered by an interesting selection of experts
Delivered by an interesting selection of experts from the private, public and academia sectors. Challenging but rewarding.
All the instructors are very knowledgeable
Excellent program really well run. I took this course during COVID and the Institute did everything they could to help ensure we completed the course with as little disruption as possible. All the instructors are very knowledgeable and I would recommend this course to anyone who in interested in Project Management.