Project Financial Management
Deliver on Budget: Master Cost Control and Project Finance.
Program Overview
This training equips project managers and key team members with the specialized financial skills necessary to plan, execute, and monitor projects efficiently. The goal is to ensure project delivery is consistently on time, within budget, and achieves the expected financial return.
Problem Statement
Difficulty in linking project milestones directly to financial performance and strategic goals.
Managers often lack the tools to accurately track variances and forecast remaining project costs.
Project delays and cost overruns are common due to inadequate financial planning and monitoring.
Learning Objective
Identify and mitigate financial risks inherent in complex projects.
Develop, track, and manage departmental budgets with accuracy and control.
Master cost control techniques and performance measurement (e.g., Earned Value Management).
Develop accurate cost estimates and construct comprehensive project budgets.
Outcomes
Utilize financial data to drive critical project decisions.
Proactively manage costs and variances within their department's budget.
Enhance communication with finance teams and project sponsors.
Effectively manage project expenditures to prevent budget overruns.
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“It’s not how much you make, it’s how strategically you use it.”
Abdul Qadir Aros
Trainer
With over 25 years of extensive industry experience, Abdul Qadir Aros (AQ) is a highly seasoned finance professional and the founder of AQ AROS & CO. As a Chartered Accountant (M), he leverages top-tier qualifications (CIMA, CGMA, MBA) to deliver strategic insights.
As Managing Partner, AQ specializes in turnaround strategy, corporate finance, and accounting. He is the trusted advisor for startups and pre-IPO SMEs across Malaysia, dedicated to empowering clients to navigate complex financial landscapes and achieve sustainable growth.