Projects are implemented in a complex environment consisting of several funding agencies as well as their own national and local financial structures. Effective and timely decision-making must be supported by a proper budget control system that will allow efficient performance reporting. It implies the adoption and use of “state of the art” methods. This system will enable the managers to be more effective in allocation, in monitoring and control of their financial resources, thus greatly contributing to the project’s success.

This training is geared towards the development and implementation of practical tools for budgetary management as well as efficient monitoring and control of project and organization costs.

Practical Objectives
» Provide participants with the necessary know-how to plan the budgetary and financial needs of their organization or project.
» Increase the skills of participants in the latest information technology tools for budgetary management and cost control.
» Assist participants in the development of appropriate performance and control reports.
» Facilitate budgetary and financial decision-making in organizations and projects.

Seminar topics
» Project cost planning
» Project budgeting
» Monitoring and control of project costs
» Participant’s project framework

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