The key objectives of this Project Finance Certification Course are to —

• Understand the importance of projects to the organizational strategy
• Familiarize about how the project cost is calculated and managed during the project life cycle
• Understand the different methods used to calculate and estimate the cost of the project
• Work on methods to understand how the price is calculated for a project and how is it different than the cost of the projects
• Different types of Contracts and their impact on the cost
• Acquire the knowledge of monitoring the actual cost of the project
• Clarify the concepts of Earned Value Analysis
• Methods of Forecasting the project cost
• The best way of communication to be carried out by the project team

Solid State Training appoints experienced trainers from relevant domains to deliver the training with the help of audio-visual presentations. Since Solid State Training lays great stress on bespoke training solutions, the course content is thoroughly examined by the trainers before each session to check the relevance to the training audience. Trainee participation through group activities, tasks, role-plays and case study discussions form an integral part of the training program. Experiential learning is also given equal significance within the format of training. Solid State Training follows ‘Do–Review–Learn–Apply’ Model.

After the project team undergoes this Project Finance Certification Course, organisations will derive the following benefits:

• The team will understand that the project they are working on is linked to the strategic objective of the organization
• The preparation of project cost will be transparent, and the project team will also be involved in the same
• Project Finance will be handled more professionally, and the cash flow will be better managed
• Adherence to all the project management plan and all the components related to it
• Better and effective cost management which would enhance the better management of finance
• Structured communication about Project finances between different parties at all the stages of the project

Individuals who would undergo this training would gain the following knowledge:

• Understanding more about the importance of the project related to organization strategy
• More understanding about how the Project Estimate is prepared
• Clarity of what factors should be emphasised while preparing the Project Estimate
• Project cost allotted at all the stages of the Project life cycle
• Improved attention to details of the costing and scheduling of the project
• Greater confidence when accessing the Budget and Cost Control
• Able to manage the stakeholders better who are in your projects
• Better understanding about different types of contracts
• Enhanced knowledge about Earned value analysis and forecasting Cost
• Amplified skills while closing out of Project