Sound Financial Management in Development Projects Context

11 months ago Posted By : User Ref No: WURUR126482 0
  • Image
  • TypeTraining or Development Class
  • Image
  • Location Nairobi, Kenya,Nairobi,Kenya
  • Price
  • Date 01-05-2023 - 05-05-2023
Training or Development Class Title
Sound Financial Management in Development Projects Context
Event Type
Training or Development Class
Training or Development Class Date
01-05-2023 to 05-05-2023
Last Date for Applying
Nairobi, Kenya,Nairobi,Kenya
Organization Name / Organize By
Vital Extra Learning & Consultancy
Organizing/Related Departments
Vital Extra Learning & Consultancy
Organization Type
Training or Development ClassCategory
Both (Technical & Non Technical)
Training or Development ClassLevel
Related Industries



Nairobi, Kenya,Nairobi,Kenya

Course title: Sound Financial Management in Development Projects Context

Training venue : Nairobi, Kenya

13/03/2023 - 17/03/2023:

01/05/2023 - 05/05/2023 :

Course Description

Sound financial management is critical to the success of all development projects. This course defines the components of effective financial management within the context of the development project life cycle. It examines the financial tools and techniques available for the efficient implementation of projects and for assessing the effectiveness of project financial management systems. It covers: budgeting; accounting standards; procurement and contract management; performance measurement; financial management staffing; audit and internal controls. This course will explore the processes needed to implement appropriate project risk mitigation strategies and set up monitoring of performance indicators and reporting for effective decision making. Participants will assess their own financial management systems and develop action plans for improvement of these systems.

Learning outcomes

By the end of this course the participants will be able to:

  • Adopt appropriate financial tools and techniques for managing projects
  • Understand the dynamics and applicable principles in the use of donor systems
  • Assess existing project financial management systems and effect needed improvements
  • Understand how to appraise and choose between various prospective project investment opportunities using discounted cash-flow analysis
  • Formulate project plans and budgets and understand their impact on project profitability and cash-flows
  • Align project procurement and contracting processes with international best practice
  • Use integrated financial management information systems to enhance project efficiency and effectiveness
  • Evaluate project implementation risks and minimize them by establishing appropriate internal controls

Who should enroll?

This training course is recommended for accountants and finance managers in projects. It is also ideal for managers, program/project coordinators and other project staff whose roles involve management of finances for their organization.

Why train with us

Vital Extra Learning guarantees our clients:

  • State-of-the-art facilities and training infrastructure
  • Extended tradition of hand-holding during post engagement
  • Service delivery through highly seasoned industry experts.
  • Value for money


Registration Fees
Registration Fees Details
950 USD
Registration Ways
Nairobi,Kenya  Nairobi,Kenya 
   0 707 053 111