Financial Considerations for Business Decision Making
Hotel MM UGM, Yogyakarta | 7 – 9 Jul, 2014 | Rp.7.500.000 per peserta
Hotel MM UGM, Yogyakarta | 4 – 6 Agst, 2014 | Rp.7.500.000 per peserta
Hotel MM UGM, Yogyakarta | 1 – 3 Sep, 2014 | Rp.7.500.000 per peserta
Hotel MM UGM, Yogyakarta | 6 – 8 Okt, 2014 | Rp.7.500.000 per peserta
Hotel MM UGM, Yogyakarta | 3 – 5 Nov, 2014 | Rp.7.500.000 per peserta
Hotel MM UGM, Yogyakarta | 1 – 3 Des 2014 | Rp.7.500.000 per peserta
ABSTRACK
In today’s world of increasing competition and focus on corporate earnings, project and contract managers are held accountable not just for achieving technical and schedule goals, but also for meeting profitability and other financial goals. This course explores the financial metrics that are commonly used and examines the not so obvious financial impact of typical operating decisions and actions. Building on competencies developed in the core management curriculum, you’ll examine the inner mechanics of how finance and accounting can impact your project.
You’ll learn about common financial analysis tools in the project environment that link project management to broader corporate strategic goals. You’ll see how finance often drives organizational decisions and evaluations of project performance. You’ll also learn how operating decisions regarding pricing, terms and conditions, and asset management directly and significantly affect the financial health of your organization.
OUTLINE
- Fundamentals of Finance
- Financial accounting concepts
- Generally accepted accounting principles
- Reading and understanding financial statements
- Financial analysis
- Managerial accounting
- Business case consideration
- Cost vs. revenue
- Profitability measures
- ROS; ROA/EVA ; ROE ; IRR
- Time value of money
- Discounted cash flows
- Direct vs. indirect costs
- Fixed vs. variable vs. semivariable costs
- Break-even analysis
- Contract Profitability—Pricing
- Pricing strategy and tactics
- Profit planning
- Cost estimating
- Cost-based pricing
- Market-based pricing
- Value-based pricing
- Profit objective
- Market structure
- Follow-on business
- Risk
- Asset Management—Cash is King
- Cash ; Timing of cash flows
- Accounts receivable
- Inventory
- Equipment
- Revenue recognition
- Financing arrangements
- Terms and Conditions (Ts and Cs)—Best Practices
- Value, cost and risk
- Seller-friendly Ts and Cs
- Unfavorable Ts and Cs
- Metrics to evaluate
- Cost Estimating—What Works Best
- Cost estimating methods
- Planning and scheduling
- Making sense of historical data
- Experience curves
- Relationship between cost estimating and pricing
PARTICIPANT
Anyone involved in Project Management and Strategic Financial Management
INSTRUCTOR
Dr. Nurofik, Akt
TIME AND VENUE
- Hotel MM UGM Yogyakarta
- 3-5 Feb, 2014
- 3-5 Mar, 2014
- 7-9 Apr, 2014
- 5-7 Mei, 2014
- 2-4 Jun, 2014
- 7-9 Jul, 2014
- 4-6 Agst, 2014
- 1-3 Sep, 2014
- 6-8 Okt, 2014
- 3-5 Nov, 2014
- 1-3 Des 2014
- 08.00 – 16.00 WIB
TUTION FEE
- Biaya Rp. 7.500.000 per peserta (Non Residential).
- Pembayaran dapat dilakukan pada saat pelatihan
FACILITIES
Training Modules, Training Kit, Certificate, Exclusive Souvenir, Dinner & City Tour, Coffee Break & Lunch