INTRODUCTION
Project financial management is a critical prerequisite for successful project execution. Through sound financial management, project management is provided with timely and precise financial information which is essential for effective decision-making as well as corrective action in order to enhance the prospects of timely completion within the planned project budget and scope of deliverables. Furthermore, it provides the comfort needed by the recipient country, lenders and donor community that funds have been used efficiently and for the purposes intended. Participants will be able to competently design and operate project financial management systems in accordance with sound professional standards and the harmonized requirements of donors and their respective governments.
DURATION
5 Days
WHO SHOULD ATTEND?
Accountants and Officers in the public and private sector who are directly or otherwise concerned with how externally acquired financial and other resources are utilized to optimize intended development objectives. Other organizations such as NGOs that are major recipients of donor funds will also benefit from attending this programme. Participants are expected to have basic knowledge of accounting in the public or private sector.
COURSE OBJECTIVES
At the end of this IRES training seminar, you will learn to:
- Evaluate donor requirements for donor funded projects;
- Apply tools to implement financial management systems for effective control of donor funded project;
- Develop risk management framework for donor funded projects.
TOPICS TO BE COVERED
- Project challenges and conceptual framework;
- · Project financial management activities;
- · Project sequencing;
- · Project risk management;
- · Capital budgeting, financial analysis and financial control;
- · Sources of finance and negotiation in project finance;
- · Accounting systems, financial monitoring reports and annual financial reports;
- · Disbursement procedures of the funding agency and/or national government;
- · Understanding donor’s requirements for effective coordination;
- · Conflict, time and stress management in project
METHODOLOGY
The instructor led trainings are delivered using a blended learning approach and comprise of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.
All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
ACCREDITATION
Upon successful completion of this training, participants will be issued with an Indepth Research Services (IRES) certificate certified by the National Industrial Training Authority (NITA).
TRAINING VENUE
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments and lunch.
All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.
ACCOMMODATION AND AIRPORT PICKUP
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.
Email:[email protected]/[email protected]
Mob: +254 715 077 817/+250789621067
TAILOR- MADE
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location.
For further inquiries, please contact us on Tel: +254 715 077 817/+250789621067
Mob: +254 792516000, +254 792516010 , +250 789621067 ,or mail [email protected]/[email protected]
PAYMENT
Payment should be transferred to IRES account through bank on or before start of the course.
Send proof of payment to [email protected]/[email protected]
Intermediate
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Kenya
Rwanda