This course addresses the accounting & finance side of project management. Accounting has an important role to play in ensuring that the project is managed appropriately and come in on budget both cost and time-wise. This course will equip participants with a solid working knowledge of basic business practices when it comes to dealing with projects.

On successful completion of this course, participants will be able to:

• Explain the key issues in project finance
• Identify and evaluate the financial need of different projects
• Plan and prepare a project budget
• Identify key project risks
• Evaluate projects
• Explain the contractual context and identify contractual issues in a project
• Evaluate project financing within the economic context

• Project management
• Project financing
• Creating the project budget
• Project costing
• Project revenues and cash flows
• Monitoring project progress: (Is it on time and within budget so far?)
• Assessing project financial success
• Key project risks - entity and transaction risks

Management or other staff involved in coordinating or managing projects in their organisations

Either: A Certificate, Diploma or Degree course showing that you have met the objectives of Managerial Accounting 1: Introductory Managerial Accounting 213
Or: Work experience of at least six months in an organisation where you have personally been involved in performing accounting work which meets all the intended learning outcomes stated in Managerial Accounting 1: Introductory Managerial Accounting (213).

Where the applicant does not have the prerequisites stated above, BIBF may require applicants to take and pass a pre-course assessment in order to be admitted to the course. Candidates are responsible for ensuring that they meet the pre-requisites before registering in courses.

The course is conducted using a combination of lectures, discussions and practical workshop sessions. Additional self-study hours of approximately 10 hours are also expected.
Note: This course is examinable