Mastering Financial Modeling for Project Success

What you will learn:

Master the financial drivers influencing project revenue, costs, and profit.
Build and analyze financial scenarios to assess project feasibility and risk.
Proficiently identify and analyze project financial risks through financial justifications.
Develop practical skills in financial modeling, including forecasting and evaluating financial performance under various conditions.

Description

Elevate your project management skills with our comprehensive course on financial modeling for technology projects.

In today's dynamic tech landscape, data-driven decision-making is paramount. This course empowers you to confidently assess project feasibility, predict outcomes, and mitigate risks through the creation and analysis of detailed financial models. Learn to construct compelling business cases that secure buy-in and funding.

Designed for project managers, business analysts, and tech enthusiasts, this practical program delves into the core principles of financial modeling. You’ll master techniques for identifying key financial drivers, forecasting revenue and expenses, and performing scenario planning (best, average, and worst-case scenarios). We use real-world case studies to illustrate concepts and provide you with hands-on experience building financial models in Excel. Discover how to accurately assess project risk and make informed decisions about project continuation or termination.

This course is your key to transforming from a project executor to a strategic decision-maker. Ready to optimize your financial outcomes and ensure project success? Enroll today!

Curriculum

Understanding Project Business Cases

This section lays the groundwork for effective business case analysis. You'll start with an introduction to business cases and financial justifications, examining a real-world example – a risk-integrated project from ABC Bank. You’ll learn to build basic business cases in Excel. The section concludes with a quiz to reinforce your understanding.

Analyzing Revenue, Cost, and Profit Drivers

Here, you will explore the key financial drivers that impact a project's revenue, costs, and profitability. Learn to categorize project costs, understand the relationship between these key elements within financial scenarios, and analyze a case study – the FinX e-wallet project – to determine its revenue and expense streams. A quiz solidifies your grasp of these concepts.

Building Financial Models and Scenarios

This section guides you through the process of creating a robust financial model. You'll learn the structure of a project financial model in detail, examining examples such as the Asset Management System and a new E-Banking channel. The section finishes with a quiz to assess your understanding of model building.

Financial Risk Assessment in Projects

This critical section teaches you how to evaluate and analyze project risks through a financial lens. You will study methods for assessing risk and learn how to apply this knowledge with a case study focused on the FinX project. A quiz will ensure you understand how to use financial analysis to assess project risk.

Applying Financial Justification to Project Decisions

In the final section, you'll learn to apply your financial modeling knowledge to assess project feasibility, analyze results, and determine whether to continue or terminate a project based on the financial data. The course concludes with a summary and steps for continued learning.