Your Situation
This seminar is for project leaders or individuals who have a financial responsibility in projects. In order for you to make effective decisions based on potential implications for a project, you need to have a sound understanding business economics. Being able to understand and use measurement parameters like IRR, ROS, Payback, etc. helps to evaluate the right investments for projects.
Your Benefit
You will learn business economic terms and understand how they are applied in a project context. From basic business economic concepts such as the principles of cost-calculation, you will acquire working knowledge in more statistical and dynamic investment processes. You will understand better what profitability factors influence your project, what methods of profitability calculations can be used and which options are available to you to influence profitablity.
Contents
- Terminology, Meaning, Effect
- Costs, Expenses, Effort, Investment, Depreciation of fixed assets
- Financial and economic perspectives
- Calculation methods in projects
- Individual and general expenses, fixed and variable costs
- The project as decission for investement
- Statistical and dynamic processes of investment
- Cash Flow, Assets, IRR, Payback
- Influencing variables and effects; price, time, material, reimbursement, investment
- Process of an investment
- An overview of planning project resources and material
- Budget, CR
Die Methoden
- Professional input
- Case studies
- Group work
- Individual work
Trainer
- Dipl. Ing. Dipl.Wirtsch. Ing. Georg Mach ,Mach Training