Project Management Training for Finance Professionals

FPPM Course Description


Finance Professionals balance critical short-term tasks with long-term project activities.  As strategic decisions quickly evolve into projects, Project Management knowledge and skills are essential to successfully execute Finance and Accounting projects.  As financial calendar activities include monthly trending, quarterly trending, monthly closings, periodic reports, annual reports, etc., Finance Department initiates projects that involve across departmental business and technical teams.  Also, organizational strategies with goals to automate processes for across-departmental integration or to implement new technologies require support from the Finance Department.  At completion of this course, Finance Professionals will be able to take responsibility to create, manage, or involve in large or small projects with focus on successful delivery of products, services, and results.

What will you learn?

This course is designed to provide knowledge, skills, and understanding of systematic approach to managing different types of Finance and Accounting projects and expanding performance capability of Finance Professionals in leadership roles in your organization.  In-house project management capability helps your organization minimize the need to hire external resources to run the projects, ipso facto FPPM Training offers the best return on your Investment.

Who Should Attend?

The target audience for this course is Finance and Accounting Professionals with a focus on project management to deliver results on time, withing budget, and expected quality.


Benefits and Objectives

  • Financial calendar activities and challenges inserted into use cases and sample projects throughout the course which will cultivate strong understanding and participation in class discussions.
  • Project Management concepts, processes, terminology, tools, and techniques explained and well understood by the participants.
  • Project scope, cost, schedule, quality, and risk concepts and potential impacts explained through customized examples.
  • Learn to establish a structured approach to define roles and responsibilities for on-time and on-budget project delivery.
  • The course is structured based on PMBOK® Guide 5th Edition. After completing this course, you will be able to apply project management framework, processes, tools, and techniques to plan and execute complex projects in your organization.
  • Knowledge and tools provided in this training are already customized for Finance and Accounting which can be put to immediate use.
  • Project Manager plays an important role in accomplishing the strategic goals of the organization.  Communication skills and techniques gained through this training will help develop effective approach to manage high-performance project teams along with improved relationships with senior management.
  • At the completion of this course, you will be able to deliver more projects on time and within budget by correctly utilizing project management tools and techniques along with measuring project success.

Course Topics

Introduction Risk Planning
Concepts and Systems of Project Management Project Risk Assessment and Control
Knowledge Areas & Process Groups Qualitative & Quantitative Risk Analysis
Project Life Cycle Risk Response Strategies
Stakeholders and Expectations Project Resources and Communications
Prepare for Status Reporting Team Building while Planning
Initiating a Project Team Management and RACI Chart
Financial Business Case & Project Charter Conflict Resolution Techniques
Create Project Management Plan Motivation and Team Performance
Scope Management Communication Models
Requirements Gathering Techniques Planing for Procurement
Requirements Tracibility Matrix Make or Buy Analysis
Define and Devise Scope Accurately Vendor Selection and Negotiating Techniques
Adequate Work Allocation and WBS Product and Service Acceptance Process
Project Scheduling Stakeholder Management
Scheduling Processes and Techniques Holistic Approach to Identify Stakeholders
Responsibility Allocation Matrix (RAM) Manage the Stakeholders or Expectations?
Estimating Activity Duration Maximum Support, Minimum Resistance. How?
Scheduling Diagram & Critical Path Project Plan Approval
Project Budgeting and Cost Control Stage Gate Reviews and Go/NoGo
Elements of Budgeting Performance Measurement Baseline
Budgeting Tools and Techniques Change Control Board
Budget Planning and Forecasting When and How to Revise Baseline
Costs and Performance Baseline Executing the Project
Earned Value Management Ensure resourses and work packages aligned properly
Cost and Performance Reporting Control the Project Scope and Quality Requirements
Planing for Quality Holistic Approach to Manage Schedule, Cost, Risks
Quality Control Tools and Techniques Manage Change Requests, Communications, and Stakeholder Expectations
Quality Metrics and Audits Change Management Tools and Techniques
Cost of Quality Closing the Project
Continues Improvement Final Project Activities and Reporting
Project Performance Evaluation