PMG202 Budgeting and Finance
PMG202 Budgeting and Finance
Project budgeting and finance are essential components of successful project management, ensuring that resources are allocated efficiently and projects remain financially viable.
This course introduces you to the principles and practices of financial management within the context of project planning and delivery.
You will learn to develop project budgets, estimate costs, manage cash flow, and conduct financial analysis for projects of various scales.
Key topics include cost estimation techniques, budget creation and tracking, earned value management, and financial risk assessment.
Through a combination of lectures, case studies, and practical exercises, you will gain hands-on experience in using financial tools and techniques specific to project management.
The financial acumen and practical skills you acquire in this course will enhance your ability to manage projects effectively and make informed financial decisions in your future academic and professional endeavors.
DURATION
This course is worth two (2) semester credit hours
Assessment
Online Exam
- Description: The questions in the exam relate to the lecture content and readings.
- Weight: This assessment task is worth 10% of your final grade.
- Length: You have 90 minutes to complete the 50-question exam. You may reattempt it up to two times.
Discussion
- Description: Engage in an asynchronous, one-on-one discussion with your professor about the coursework and its implications for practice.
- Weight: This assessment task is worth 20% of your final grade.
- Length: Each contribution to the discussion should be between 50-100 words. The discussion will run for 5 iterations.
Report
- Description: Choose a topic from the list provided or suggest one to your professor that is relevant to the course.
- Weight: This assessment task is worth 35% of your final grade.
- Length: 1,000-1,500 words (excluding appendices and references).
Presentation
- Description: Live present your report, including findings and recommendations.
- Weight: This assessment task is worth 20% of your final grade.
- Length: 5-7 minutes.
Viva voce
- Description: Defend the findings of your report/presentation in the context of this course.
- Weight: This assessment task is worth 15% of your final grade.
- Length: 10 minutes.
Related Courses
- Pre-requisites – PMG101 Project Management
- Co-requisites – none
- Exclusions – none
Learning Outcomes
At the end of this course, you will be able to:
- Develop comprehensive project budgets using various cost estimation techniques and financial planning tools.
- Apply earned value management principles to track project performance and forecast financial outcomes.
- Analyze and interpret financial data to make informed decisions throughout the project lifecycle.
- Assess and mitigate financial risks associated with project management activities.
Graduates of this course are eligible for the Professional Certificate in Project Budgeting and Finance from Cedar Mountains University.
Have a question?
We’re here to help. We can answer your questions, help you understand your options and support you throughout the application process.
