Fundamentals of Finance for IT Managers

	You will identify the basic concepts in finance, budgeting, and costs.
	Duration: 1.0 day(s) Price: £248.00 + VAT	Download Course Content   Download Course Files

Locations

Infero Ltd is based in the Lace Market in Nottingham. Training courses take place at the following locations including Nottingham, Derby, Loughborough, Mansfield, Chesterfield, Burton-on-Trent, Lincoln, Leicester, Sheffield, Stoke-on-Trent, Tamworth, Wolverhampton, Walsall, Birmingham, Solihul, Coventry, Nuneaton, Peterborough, Grantham.

Target Students

This course will benefit new IT managers and other IT professionals without prior financial expertise who as a part of their job will be required to understand financial budgeting and project costing for the purposes of creating IT budgets and cost control measures.

Prerequisites

There are no prerequisite skills for this course.

Delivery Method

Instructor-led, group-paced, classroom-delivery learning model with structured hands-on activities.

Course Objectives

Upon successful completion of this course, students will be able to:

• Identify basic finance and cost concepts.
• Identify the fundamental concepts in budgeting.
• Identify the various cost estimating techniques and the methods of controlling costs.
• Evaluate certain financial statements and concepts of project appraisal.

Course Content

Lesson 1: Getting Started with Finance Essentials

Topic 1A: Finance Fundamentals
Topic 1B: Cost Concepts

Lesson 2: Introducing Budgets

Topic 2A: Prepare a Budget
Topic 2B: Monitor and Control a Budget

Lesson 3: Manage Project Costs

Topic 3A: Estimate Project Cost
Topic 3B: Monitor and Control Project Cost

Lesson 4: Financial Decision-Making Fundamentals

Topic 4A: Investment Decision-Making Process
Topic 4B: Project Appraisal Concepts
Topic 4C: Financial Statements