Course overview
This training workshop will provide the knowledge and tools to understand the financial management of resources in the public sector. You will learn:
- The fundamentals of managing funds in the public interest.
- That budgetary control provides a formal basis for achieving specific plans.
- Project financial management is the methodology of managing resources effectively to achieve a project’s objectives.
What you'll learn
Upon completion of this training workshop, you will:
- Understand the basics of public financial management.
- Analyse the strengths and weaknesses of budget methodologies.
Study method
- In-class
- Blended
- Online
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Duration study load
- 3 days
Course features
- Management consultation service
- Paperless service delivery model
- Flexible open course schedule
Who's it for?
This training workshop is suitable for:
- New entrants to the public sector.
- Staff with some practical experience but no financial qualifications.
- Non-financial staff in the public sector who need to understand the basics of financial management.
Subjects
- Key requirements and concepts
- Fiscal and spending framework
- The virtuous financial management cycle
- Annual report public sector
- Objectives of budgeting
- Types of budgets
- Cost definitions and behaviour
- Budgetary control
- Building a case for a project
- Investment appraisal techniques
- Financing a project
- Phases of managing a project
About London Business Training & Consulting
London Business Training & Consulting (LBTC) is a business and management training and consultancy service provider operating out of its head office in Hammersmith, West London. For over fifteen (15) years LBTC has catered for the learning & development needs of innumerable individuals and organisations of all sizes from all over the world.
Our customised approach to every management solution we deliver has afforded our clientele world-class business performance. As a result, LBTC benefits from regular re-engagement by our clients year after year, or every time they encounter a business challenge that is seemingly insurmountable.