Start delivering excellence to your customers by managing the economics of your projects and programs.
Project Economics is a crucial part of project and program management but is generally ignored as it appears to be someone else’s job.
What you’ll learn
- 1. Understand Fundamental Concepts of Project Economics.
- 2. Apply Knowledge to Real Projects – through quizzes, exercises, and world-class case studies.
- 3. Perform Effective Cost Benefit Analysis.
- 4. Implement Robust Cost Control.
- 5. Enhance Project Profitability.
- 6. Improve Billing and Invoicing Efficiency.
- 7. Increase Confidence in Project Economics.
- 8. Facilitate Informed Decision-Making.
- 9. Enhance Career Opportunities.
- 10. Offer Continuing Professional Development.
- 11. Lead to Delivering Excellence.
Course Content
- Introduction –> 1 lecture • 6min.
- Project Economics-2: Cost Management and its different components –> 1 lecture • 9min.
- Project Economics-3: Components of project cost and project estimation –> 1 lecture • 12min.
- Project Economics4 – CBA, Cost Control & Monitoring –> 1 lecture • 4min.
- Project Economics 5 – Project Profitability –> 1 lecture • 8min.
- Project Economics 6 – Billing, Invoicing, Realisation –> 1 lecture • 8min.
- Project Economics 7 – Incentives & Penalties –> 1 lecture • 5min.
- Project Economics – The Last Lesson –> 1 lecture • 4min.
Requirements
Project Economics is a crucial part of project and program management but is generally ignored as it appears to be someone else’s job.
Embark on a journey into the world of Project Economics with my comprehensive short course. Whether you are a seasoned project manager or just starting in the field, this course is designed to equip you with the essential knowledge and skills to make informed decisions and drive profitability in your projects.
Course Modules:
- Cost Management: Learn how to effectively plan and control project expenditures, ensuring you stay within budget without compromising quality or scope.
- Estimation: Master the art of accurate cost estimation, enabling you to set realistic project budgets and avoid costly surprises down the road.
- Cost Benefit Analysis: Discover the techniques and tools for evaluating the financial viability of your projects, considering both costs and benefits to make sound investment decisions.
- Cost Control and Monitoring: Dive deep into strategies for real-time cost tracking, risk mitigation, and proactive management to keep your projects on track financially.
- Project Profitability: Uncover the secrets to maximizing project profitability, from identifying revenue streams to optimizing resource allocation.
- Billing, Invoicing, and Realization: Explore the intricacies of project billing and invoicing, ensuring you get paid promptly and recognizing revenue in accordance with project milestones.
By the end of this course, you will have a solid understanding of Project Economics principles and be ready to apply them to your projects, ultimately leading to better financial outcomes and greater project success. This ultimately will become part of your Delivering Excellence efforts.
Join me on this educational journey and empower yourself with the knowledge and skills needed to excel in Project Economics! Learn through exercises and world-class case studies, my chat sheet to help you and a set of tools that I have created for my own usage.