Project Management. Financial Tools

This course focuses on financial project management tools in Timetta — from building a project budget and evaluating project economics to performance control, financial analysis, and profit forecasting.

During the course, participants will learn how to use Timetta for financial project management and how to plan and control project economics throughout the project lifecycle. You will learn how to build project budgets, calculate labor costs, plan direct costs and expenses for subcontractors and suppliers, and forecast project revenue and profit. Special attention is given to invoicing, acceptance documents, payment tracking, cash flow analysis, P&L reporting, financial risk management, Time & Materials (T&M) projects, and variance analysis between planned and actual financial results.

The course combines theoretical materials, an online webinar, practical assignments, and a final test, helping participants apply their knowledge to scenarios close to real project work.

After successfully completing the final test, participants receive a personalized certificate confirming their knowledge of project financial management processes and Timetta financial tools.

Who this course is for

  • project managers;
  • program managers;
  • project management office leaders;
  • financial managers and project controllers;
  • system administrators responsible for configuring the Timetta financial module.
Course content
  1. Project budget

  2. Labor costs

  3. Direct cost planning

  4. Subcontractor and supplier cost planning

  5. Planned project revenue

  6. Invoices, acceptance documents, and payments

  7. Project cash flow

  8. Profit and Loss (P&L)

  9. Project profit forecast

  10. Financial risks

  11. Managing Time & Materials (T&M) projects

  12. Variance analysis

  13. Practical assignments

  14. Final assessment

Try it for free

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