Project Management Budget and Finance for Engineering Project Managers

Course Details:

Cost: $175.00

Contact Hours:
6 Professional Development Hours (PDH)

NC State University is certified by the North Carolina Board of Registration for Professional Engineers and Land Surveyors (NCBELS) as a provider of PDH Continuing Education Units.

Duration:
Six (6) contact hours represents the estimated time to complete the online course, including exercises. However, actual times may vary from user to user.

Course Summary:
Budget and Finance is an important component of engineering project management. This course, directed at consultants and public officials who hire consultants, offers a detailed study of important financial elements including budget, work plan, setting fees, cash flow and collections, unbilled work and profitability. The course includes examples of project budgeting with tips on improving profitability and collection on engineering projects.

Topics:

  • Module 1 – Introduction
  • Module 2 – Basics
  • Module 3 – The Public Client
  • Module 4 – Project Manager Financial Responsibilities
  • Module 5 – Finance Review
  • Module 6 – Additional Finance Definitions
  • Module 7 – Basic Project Manager Budgeting
  • Module 8 – More Budget Approaches
  • Module 9 – Project Management Time
  • Module 10 – Phases and Tasks
  • Module 11 – Class Assignment – Project Set-Up
  • Module 12 – Class Assignment – Exploring Costs vs. Fee
  • Module 13 – Class Assignment – Personnel Selection
  • Module 14 – Project Work Plan
  • Module 15 – Setting Fees and Critical Path
  • Module 16 – Class Assignment – Project Work Plan
  • Module 17 – Project Work Plan – Other Elements
  • Module 18 – Winning New Work
  • Module 19 – Benchmarking Fee
  • Module 20 – Getting Fee Correct
  • Module 21 – Negotiating Fee
  • Module 22 – Cost vs. Fee
  • Module 23 – Value Pricing
  • Module 24 – Making Fee Collectible
  • Module 25 – Subconsultants and Vendors
  • Module 26 – Accounts Receivable
  • Module 27 – Late Payments
  • Module 28 – Free Work
  • Module 29 – Addressing Unbilled Work
  • Module 30 – Defining Billable Work to Team Members
  • Module 31 – Added Services
  • Module 32 – Profit and Overhead
  • Module 33 – Project Management Profit Tactics
  • Module 34 – Profit vs. Winning the Work
  • Module 35 – Summary
  • On-Line Exam

Availability:
This course is available online, 24/7.

Upon approval of your purchase and successful check-out, you will be securely linked to this online course.  You will then have 6 months to complete this course to earn your professional development hours.

Instructor:
Judy Weseman is a Professional Engineer with a unique combination of real-world experience, educational background and technical expertise. Judy’s professional expertise in civil engineering focuses on water quality, stormwater and sustainable design. She has won numerous awards for her project management skills in engineering design and construction and is a frequent speaker and author on sustainable design. Judy is active on local stormwater and greenway committees and boards.  Judy earned a Master of Science degree in Environmental Engineering from The University of Tennessee and a Bachelor of Science from Auburn University.

Course Info


Registration

For location details and single session sign-ups:

REGISTER ONLINE

Instructor

Online Course

This course is delivered on-demand, electronically.

On-Site Availability

Any of our open enrollment classes can be brought on-site. Please Contact Us for more information.