Managing Money on Projects: Training
Do you want to better understand your project finances under control, even if you don’t have much experience managing money on projects?
You might have studied project budgeting as part of a training course. You might have read a lot about how to manage the finances, but now you feel more confused than ever, trying to piece it all together on your own!
Maybe you’ve been handed a project and been asked to set up the budget tracker for it, or you know that task is coming your way soon.
Maybe you simply want to improve your confidence in this important area of project management, because it comes up on job descriptions all the time and you’ll need to talk about it at interview.
If you would like someone to guide you through what project financial management is all about, then you’re in the right place.
Want to learn more about project budgeting? I’ll explain it all in this training
The training was taught live on 25 June 2024. You will get access to the recording, slides, budget and invoice tracker template and bonus resources.
Cost: US$20 / £16 (contact me if you want to pay in Euro, I can do that too!)
The challenge with project budgeting is that each company (and each country) have different rules and approaches. In practice, what you do from one organization to the next might be different, which is perhaps why so much of what you read is vague and generic.
However, there are some fundamental principles and basic good practice that you can implement on any project.
And as this is a topic that comes up time and time again in my mentoring calls, I’ve put together a one-off training session about it.
After you’ve watched the training, you’ll know:
- The 3 components of project financial management: budgeting, accounting and charging
- How to manage tolerance and contingency (and what the difference is)
- How to put a realistic budget together (including the things that get forgotten from project budgets most often)
- The secret to dealing with uncertainty
- How to use a budget tracker spreadsheet
Why learn with me?
I’m the author of Managing Project Budgets, a Shortcuts to Success ebook, and I’ve been leading business and tech projects for over 20 years. I’m an APM Fellow and a mentor, and I still work as a practitioner alongside my writing and training.
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Prefer to pay in UK Sterling? Do that here.
What past students say
FAQ
Here are some FAQ to help you decide if it’s the right training for you.
What’s the time commitment?
Overall, the time commitment is about an hour, although as it’s a live session I’ll stay on as long as necessary until all the questions are done.
What’s the background of participants?
I expect most of the people who will be on the course with you will be early or mid-career professionals working in project delivery/project management roles.
Normally at my courses we get a good mix of people at various stages in their careers and from different industries.
What about if I work in an Agile team?
Agile teams can be fully costed internal resource funded from BAU budgets, so if you work in-house in a Scrum team, for example, you might not have to work out or track any incremental costs.
However, you still might need to factor in contractors, licences or other tech equipment that needs purchasing. The good thing is that project budgeting skills are transferable into lots of scenarios, so even if you don’t need them on this project, you might need them on a future project.
Can I claim PDUs?
Yes. I will give you an attendance certificate that you can use as evidence for your portfolio. However, I am not a registered PMI authorized trainer.
Can I claim the cost through my company?
Yes. Get in touch and I can send you an invoice.
What’s the cancellation/refund policy?
I want you to be happy with the training. There is a 14-day refund policy.
When will you be running this training live again?
I don’t know! This is the first time I’ve run this standalone training on budgeting since Project Management in the Real World was published in 2010, as some of the material draws on that book. If it goes well I’ll run it again without waiting another 14 years!