Overview

Financial Concepts for the Project Manager at UNH
PDT-BusLM-118

Financial Concepts for the Project Manager

Every project manager needs to be financially-savvy to ensure they are making the best decisions for their project. This goes beyond managing to a budget for the project. This includes creating project budgets, analyzing the viability of a project budget supplied to you, budgets, and understanding the connection between project budgets overall organizational financial plans. When you understand financial concepts, you are in a better position to recognize opportunities for managing costs and enabling for the project you are leading to contribute positively to the bottom line.

This workshop will increase your comfort level in reviewing and interpreting financial and budget information and use that understanding to make decisions on your project and have more effective conversations with sponsors regarding project budget deficiencies. You’ll be able to gain faster approval for project ideas and changes when you present the information in financial terms so a decision can be made at the leadership level.

Topic covered include:

  • Accounting and Finance Basics
  • Understanding the Accounting Cycle
  • The Link between Project Budgets and Organizational Budgets
  • Understanding where your project budget fits into the big picture
  • Cost Accounting
  • Fixed vs Variable Costs
  • Budgeting Basics
  • Making Better Budget Decisions
  • Using Financial Tools to Make Better Project Decisions

Bring a calculator to the workshop.

What You Will Learn

PDT-BusLM-118

Financial Concepts for the Project Manager

Topic covered include:

  • Accounting and Finance Basics
  • Understanding the Accounting Cycle
  • The Link between Project Budgets and Organizational Budgets
  • Understanding where your project budget fits into the big picture
  • Cost Accounting
  • Fixed vs Variable Costs
  • Budgeting Basics
  • Making Better Budget Decisions
  • Using Financial Tools to Make Better Project Decisions

Tools & Materials

PDT-BusLM-118

Financial Concepts for the Project Manager

Bring a calculator to the workshop.

All additional tools and materials needed to participate in this program, if any, will be provided.

Instructor Bios

PDT-BusLM-118

Financial Concepts for the Project Manager

  • Gina Abudi

    Gina Abudi

    As President of Abudi Consulting Group, LLC, a woman-owned small business, Gina Abudi utilizes her 25+ years of consulting, coaching and executive leadership experience to work closely with executives and Boards of Directors of mid- to large global organizations to lead and support strategic, transformational change initiatives. Her work is focused on coaching leaders on change, providing consulting services to drive successful change in organizations, and offering training programs related to leading and championing/supporting change.

    Gina is the lead author of Best Practices for Managing BPI Projects: Six Simple Steps (J. Ross Publishing, 2015) and author of Implementing Positive Organizational Change: A Strategic Project Management Approach (J. Ross Publishing, 2017.) She is working on her next book with J Ross Publishing, The Profit Maximizing Culture: A Strategic Guide to Building your Organization’s Change Capabilities. (Exp. 2023.)

    She received her MBA from Simmons University Graduate School of Management. She is an adjunct faculty member at UNH, Clark University and Tufts Medical School (School of Public Health.)

This course is currently unavailable.