Description
Date:
1st Batch: 15th – 17th Jan, 2026
2nd Batch: 7th – 9th Apr, 2026
3rd Batch: 2nd – 4th July, 2026
4th Batch: 14th – 16th Sept, 2026
Event Details
OBJECTIVES
By the end of this course, participants will understand:
- Key elements of finance and accounting relevant to good project and contract management
- Time value of money considerations and the importance of cash
- Evaluation criteria for Requests for Authorization (RFA)
- Best practices to manage contract pricing
- Link risk to costing and performance evaluation
CONTENT
Fundamentals of Finance
- Time value of money
- Discounted cash flows
- Direct vs. indirect costs
- Fixed vs. variable semi-variable costs
- Break-even analysis
Contract Profitability – Pricing
- Pricing strategy and tactics
- Profit planning
- Cost estimating
- Cost-based pricing
- Market-based pricing
- Value-based pricing
Asset Management – Cash is King
- Cash
- Timing of cash flows
- Inventory
- Equipment
- Revenue recognition
- Financing arrangement
