Financial Considerations for Business Decision Making

Tanggal
17-19 Maret 2010

Waktu
09.00-16.00 WIB

Tempat
Bandung
Hotel Panghegar/Preanger/Jayakarta/atau hotel lainnya
yang akan dikonfirmasikan melalui undangan seminar

Investasi
Rp. 4.500.000,00
*Exclude Tax, Transportation & Accommodation

INSTRUKTUR
Professional Trainer

DESKRIPSI
This Course Explore The Financial Metrics That Are Commonly Used And Examines The Not So Obvious Financial Impact Of Typical Operating Decisions And Actions.
In today’s world of increasing competition and focus on corporate earnings, project and contract managers are held accountable not just for achieving technical and schedule goals, but also for meeting profitability and other financial goals. This course explores the financial metrics that are commonly used and examines the not-so-obvious financial impact of typical operating decisions and actions. Building on competencies developed in the core management curriculum, you’ll examine the inner mechanics of how finance and accounting can impact your project.
You’ll learn about common financial analysis tools in the project environment that link project management to broader corporate strategic goals. Case studies and projectrelated exercises give you the opportunity to apply these proven tools and techniques. You’ll see how finance often drives organizational decisions and evaluations of project performance. You’ll also learn how operating decisions regarding pricing, terms and conditions, and asset management directly and significantly affect the financial health of your organization.
This three-day course is so packed full of vital topics that many students refer to it as a “mini-MBA experience” and even veteran MBAs have praised it highly. Take advantage of this opportunity to get a firm grasp of the financial management issues that can affect your projects

Tujuan & Manfaat Pelatihan

Communicate more effectively with accounting and financial personnel
Read, understand and analyze accounting and financial data
Expand your work in project scheduling and cost control to encompass additional financial metrics and tools
Minimize project financial risk
Develop and apply tools for comparing project financial returns

Metode
Pelatihan menggunakan metode ceramah dalam memahami konsep, dan latihan/studi kasus dalam mendalami teknik aplikasinya.

Course Outline
Fundamentals of Finance
* Financial accounting concepts
* Generally accepted accounting principles
* Reading and understanding financial statements
* Financial analysis
* Managerial accounting
* Business case consideration
* Cost vs. revenue
* Profitability measures
* ROS; ROA/EVA ; ROE ; IRR
* Time value of money
* Discounted cash flows
* Direct vs. indirect costs
* Fixed vs. variable vs. semivariable costs
* Break-even analysis

Contract Profitability-Pricing
* Pricing strategy and tactics
* Profit planning
* Cost estimating
* Cost-based pricing
* Market-based pricing
* Value-based pricing
* Profit objective
* Market structure
* Follow-on business
* Risk

Asset Management-Cash is King
* Cash ; Timing of cash flows
* Accounts receivable
* Inventory
* Equipment
* Revenue recognition
* Financing arrangements

Terms and Conditions (Ts and Cs)-Best Practices
* Value, cost and risk
* Seller-friendly Ts and Cs
* Unfavorable Ts and Cs
* Metrics to evaluate

Cost Estimating-What Works Best
* Cost estimating methods
* Planning and scheduling
* Making sense of historical data
* Experience curves
* Relationship between cost estimating and pricing

Siapa yang Menjadi Peserta?
Anyone involved in Project Management and Strategic Financial Management