Financial Management for Projects & Contracts

  • Financial Management for Projects & Contracts
  • Malaysia - Kuala lumpur

Financial Management for Projects & Contracts

Course Category : Project Management

A professional training programme that strengthens financial capability in planning, controlling, and funding projects and contracts, with emphasis on costs, cash flow, risk, and contractual control.
Duration: 5 Days
Level: Intermediate to Advanced.

Starts On

27 - September - 2026

Ends On

1 - October - 2026

Location

Malaysia - Kuala lumpur

Language

English

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View Course Introductory PDF

Targeted Audience

  • Project Managers
  • Contract and Claims Managers
  • Finance and Accounting Managers
  • Cost and Budget Engineers
  • Procurement and Tendering Officers
  • Planning and Control Supervisors
  • Operational Unit Managers
  • Professionals involved in project financial performance monitoring

Targeted Skills

  • Project budgeting and financial estimating
  • Cash flow analysis and funding requirement assessment
  • Cost control and financial variance monitoring
  • Linking contractual obligations to financial impact
  • Financial risk and claims evaluation
  • Project financial reporting and KPI preparation
  • Supporting management decisions through contract-based financial analysis

Expected Outcomes

  • Interpret the core financial concepts relevant to project and contract management with professional accuracy.
  • Prepare more reliable budgets and financial estimates that support planning and execution.
  • Analyse cash flow, variances, and cost changes throughout the project lifecycle.
  • Evaluate the financial impact of contractual terms, variations, claims, and delays.
  • Apply practical methods to strengthen financial control, reporting quality, and decision-making.

Training Topics Index

  • The role of financial management in project environments
  • The relationship between scope, time, cost, and contract
  • Core concepts of revenue, expenditure, and profitability
  • The financial lifecycle of a project and contract
  • Stakeholder roles in financial governance

  • Methods for estimating direct and indirect costs
  • Preparing the project baseline budget
  • Planning cash inflows and outflows
  • Analysing liquidity and funding requirements
  • Reviewing and updating financial assumptions

  • Tracking actual costs against budget
  • Analysing variances and their operational causes
  • Financial KPIs for projects and contracts
  • Preparing periodic reports and monitoring dashboards
  • Corrective actions and financial improvement measures

  • Financial implications of change orders and variations
  • Assessing financial and contractual risks
  • Financial analysis of delay, disruption, and inefficiency
  • Principles of claim pricing and settlement evaluation
  • Documenting supporting financial evidence

  • Final settlement and contract account close-out
  • Final profitability evaluation and lessons learned
  • Post-execution financial performance analysis
  • Supporting negotiation and contract decisions with financial data
  • Building a sustainable control framework for future projects