Strategic Cost and Benefit Analysis for Program and Project Management

As a program or project manager, your understanding of costs is important to the success of both product development and technical projects.

Yet many technical and general project managers do not have a sufficient knowledge of accounting or the cost and benefit analysis skills that are neccessary to make good project decisions. This service is about how to analyze projects from a financial perspective. For example in complicated situation where there are many stakeholders (like an airport efficiency improvement project) , the situation can look really complicated:

Thus we offer a unique opportunity for program and project managers to learn cost benefit accounting-based project management practices and strategies for making smart project choices which justify outcomes and create value.

Strategic Cost Analysis for Program and Project Management is drawn from our experience with international organisations on financial and managerial accounting and shows how you can leverage cost benefit analysis to better influence the outcomes of product development and project management.

Thus our service offers a series of interactive training, cases, and small group workshops that will help you to better understand:

• The language and mechanics of the accounting that goes on in complex organisations.
• How to identify good results even though the accounting numbers look bad, and bad results when the accounting numbers look good.Cost allocations, absorption costing, and transfer pricing, and their effect on reported performance.
• Your own company’s internal metrics for evaluating management.