Course Description:
Decision-making within an organization often hinges on the numbers. So what financial tools do managers need to be familiar with to make sound, defensible decisions? This introductory-level course is meant to teach finance concepts to non-financial managers, and considers tools for decision-making such as cost benefit analysis, break even analysis, and Balanced Scorecard. The course also teaches the basic finance concepts such as return on investment (ROI), fixed and variable costs, and payback period.
Learning Outcomes:
- Explain cost benefit analysis
- Calculate return on investment and the payback period
- Explain fixed and variable costs
- Calculate break even and understand CVP (cost-volume-profit) analysis
- Explain tracking and performance measures
- Explain and calculate Balanced Scorecard measures
Estimated Length: 3 hours
CEUs: 0.3 CEUs | 3 PDUs
Notes:
This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.
This course does not require any additional purchases of supplementary materials.
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEU credit. Learners will have three attempts at all graded assessments.
Project Management Institute, PMI, the Registered Education Provider logo, Project Management Professional, PMP, Project Management Body of Knowledge, PMBOK, PMI Agile Certified Practitioner, PMI-ACP, PMI Risk Management Professional, PMI-RMP, the PMI Talent Triangle, and the PMI Talent Triangle logo are marks of the Project Management Institute, Inc.
Information in this course has been taken from A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) — Fifth Edition, Project Management Institute Inc., 2013.
The following list outlines the PDUs you will earn for completing this course, based on the certification you have.
PMP®/PgMP®
Technical: 1.5 Leadership: 0
Strategic/Business: 1.5 TOTAL: 3
PMI-RMP®
Technical: 0 Leadership: 0
Strategic/Business: 1.5 TOTAL: 1.5
PMI-SP®
Technical: 0 Leadership: 0
Strategic/Business: 1.5 TOTAL: 1.5
PMI-ACP®
Technical: 0 Leadership: 0
Strategic/Business: 1.5 TOTAL: 1.5
PfMP®
Technical: 1.5 Leadership: 0
Strategic/Business: 1.5 TOTAL: 3
PMI-PBA®
Technical: 1.5 Leadership: 0
Strategic/Business: 1.5 TOTAL: 3
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P.S. GIC can offer many of our courses at a location of your choice, at your convenience
and tailored to your special needs. For more information, please contact us.