Abstract

This subject will teach students about the ways in which projects are selected and managed from a financial perspective. Students will learn how to evaluate different projects on the basis of their projected financial return and how to evaluate different sources of finance to fund the project. Students will then … For more content click the Read More button below.

Syllabus

Time value of moneyProject evaluation techniques including payback, internal rate of return and net present valueBudgeting processes including cost estimationBudget management including cash management and accounting for contingenciesBudget adjustments including schedule and cost varianceAssessing tenders and supplier choice

Learning outcomes

Upon successful completion of this subject, students should:
1.
be able to demonstrate knowledge of accounting budgeting techniques in the context of managing a project;
2.
be able to apply budgeting processes to project management;
3.
be able to evaluate different sources of finance and recommend a preffered option based on the projects characteristics; and
4.
be able to evaluate the viability of competing project options using financial project evaluation techniques.