Budget Planning & Financial Risk Management in Projects

Course Info

Date: June-09-2025

Length: 1 Week

City: Istanbul

Fees: 3,900

Type: In Classroom

Available Dates

  • June-09-2025

    Istanbul

  • Sep-08-2025

    Istanbul

  • Dec-08-2025

    Istanbul

Dates in Other Venues

  • Mar-17-2025

    Dubai

  • Apr-14-2025

    London

  • May-19-2025

    Dubai

  • May-26-2025

    Singapore

  • May-26-2025

    Amsterdam

  • May-26-2025

    Barcelona

  • June-09-2025

    Kuala Lumpur

  • June-09-2025

    London

  • June-09-2025

    Paris

  • July-21-2025

    Dubai

  • Aug-11-2025

    London

  • Aug-25-2025

    Barcelona

  • Aug-25-2025

    Singapore

  • Aug-25-2025

    Amsterdam

  • Sep-08-2025

    Paris

  • Sep-08-2025

    Kuala Lumpur

  • Sep-15-2025

    Dubai

  • Oct-13-2025

    London

  • Nov-17-2025

    Dubai

  • Nov-24-2025

    Barcelona

  • Nov-24-2025

    Singapore

  • Nov-24-2025

    Amsterdam

  • Dec-08-2025

    London

  • Dec-08-2025

    Paris

  • Dec-08-2025

    Kuala Lumpur

Course Details

Course Outline

5 days course

Overview of Project Management 


  • Understanding project management fundamental concepts and significance 
  • Distinguishing between strategic and operational project management 
  • Describing the project life cycle and its stages from initiation to closure 
  • Exploring the triple constraints of a project: Scope, time, and cost 
  • Guidelines and techniques to plan and schedule a project:


  • Logic diagrams 
  • Project milestones and work breakdown structures (WBS)
  • GANNT chart schedules 



  • Case Study: Reviewing real-world project charters, and analyzing their scope, stakeholders, and constraints

Budgeting Techniques for Projects 


  • Describing the project budgeting process and its significance in project planning and control 
  • Methods to identify and analyze project options and the application of break-even analysis  
  • Exploring various project costs estimation techniques: Analogous, parametric, and bottom-up estimating
  • Discovering various revenue models and pricing structures 
  • Discussing resource allocation strategies and how to determine contingency reserves to address potential cost overruns 
  • Guidelines for developing and presenting projected financial statements for a project 
  • Exercise: Creating a budget plan and financial statements for a sample project

Project Feasibility Evaluation 


  • Exploring the core components of feasibility study: Technical, economic, legal, operational, and scheduling considerations
  • Steps involved in conducting cash flow analysis and cost-benefit analysis for a project to determine its viability
  • Exploring key financial metrics used in feasibility analysis:


  • Net Present Value (NPV)
  • Internal Rate of Return (IRR)
  • Payback Period
  • Profitability Index ~



  • Understanding the methodology of market analysis and its role in project feasibility 
  • Guidelines for building modelling assumptions and conducting sensitivity analysis 
  • Exercise: Conducting a feasibility study for a proposed project, focusing on cash flow analysis, cost-benefit analysis, and financial metric calculations

Financial Risk Management in Projects   


  • Understanding the importance of financial risk management in project planning and execution 
  • Exploring different types of risks that may affect a project 
  • Discovering risk identification and assessment techniques and tools  
  • Discussing different attitudes and responses to project risks 
  • Methods for incorporating risk into investment decisions:
  • Expected net present value method
  • NPV adjustment for risk  
  • Exercise: Identifying and assessing financial risks for a given project, and developing a suitable risk treatment approach

Project Financing and Financial Performance Monitoring  


  • Examining the methodology of financial structuring to optimize cost and risk distribution
  • Discussing the mechanics of non-resource project financing 
  • Exploring various sources of project financing:


  • Angel financing and venture capital 
  • Bank and loan financing 
  • Public-private partnership (PPP)



  • Techniques and tools for tracking and monitoring project costs and cash flows 
  • Understanding the variance analysis methodology for measuring financial performance in projects 
  • Case Study: Reviewing and analyzing real-world financing strategies used by top-rated businesses 
  • Final Presentation and peer review