Project modeling and simulation – Business Plan Advanced
  • Cash Management - Treasury management: - Master cash management techniques: cash pooling, SEPA, etc. - Master the nature of regulations and treatment techniques - Know and be able to use the operational levers of cash optimization - Know the banking procedures and conditions, scale of interests - Understand payment modes and know how to contribute to their development
  • Financing through debt - Know the main LT and CT funding tools and levers, the reasons for favoring debt
  • Public institutions and entities - Know institutions and bodies (Public organizations): Financial Markets Authority (France, International), Accounting Standards Bodies, IASB, EFRAG, Competition Authority, Parliamentary Committees, etc

Target audience

- Bankers / Account Managers
- Chartered Accountants, Statutory Auditors
- Leaders / Project Managers
- Management controllers

2 day

New training

Prerequisites

Having completed our “Building your Business Plan” module. Also, a good command of Excel is required

Objectives

After completing this training, participants will be able to:
– Drive the financial performance of a project and connect it to operational levers
– Take into account the variability of input data
– Conduct sensitivity studies and make advanced simulations
– Thus improve decision-making

Detailed content

> Initial contract-costs and project management using earned value

– Initial project structuring (project objectives, specifications, WBS, OBS, CBS, initial planning, budget)
– Interaction issues in a project and speed measurement (delivered value/value delivery time)
– Measuring stage of completion, cost performance (CPI) and schedule variance
– Methods to reassess cost to complete (estimates at completion)
– Identify root causes for delay, quantify the impact of time lag and acceleration costs
– Scope changes of, EOT, liquidated damages and variation orders

> Monitor product costing and protect project margin

– Modelling costs methods, economies of scale
– Using CPA formulas (contract price adjustment) to avoid squeeze
– Take VA/VE (value added/value engineering) into account and how to create value through ECR management

> Manage the « cash curve » proactively and monitor risks

– Explaining the evolution of project profitability and cash over time
– Top down and bottom up approach to include contingencies and claims
– Reflect risks in the business plan (impact/occurrence/level of control)
– Financial decisions in an uncertain environment: scenarios and decision tree methods

> Action-oriented advanced simulations

– Identifying critical factors and modelling of their variability into an advanced simulation model
– Monte-Carlo simulation on critical variables of duration and cost, multivariate regression and confidence intervals on the forecast

> Key contributions of finance to PMO activities

– Gross margin on order pipeline, backlog and interactions between projects within a portfolio
– Growth modeling using PAI (program acquisition indicator: business win / product sales over the same period)
– Profitable growth: optimization modeling
– Projects on return criteria

Why should you attend?

This action-oriented training is based on the project’s business model. It includes the implementation of project management by earned value and the “cash curve”. But it is also a practical approach to value creation through revenue management, cost control, risk management and claims.

Training methods and assessment

All chapters are organized according to the same architecture with a lively, visual and dynamic content together with several simplified real cases.
Glossary provided.
Assessment questionnaire.
A training certificate is delivered at the end of the session.

The trainer is available by e-mail and telephone to answer any follow-up questions participants may have.

Price

1 840 € Excl.VAT –  2 208 € Incl. VAT

Médias

Témoignages

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Jonathan C.
Entreprise
Formation