• Prepare, implement, and close a development project through all its phases in compliance with donors’ rules and recognized standards and practices aligned with good governance principles.
• Understand the fundamental definitions, concepts, boundaries, implications, and standards of project financial management.
• Prepare and present the project budget in accordance with the agreed accounting system(s) and identify key stakeholders involved in project and budget planning.
• Understand the legal, operational, and financial implications of the project financing or funding agreement(s) on project implementation and financial reporting.
• Customize the project financial management system, identify computerized solutions and systems, and develop a project operation manual.
• Apply soft skills and knowledge to understand and manage project-related financial challenges, contingencies and issues.
• Adopt a lifelong learning paradigm for project financial management.

Participants will be able to competently design and operate project financial management systems from budgeting to final reporting in accordance with sound professional standards and the harmonized requirements of donors and their respective governments.

Participants who successfully complete the training can expect to improve or enhance their knowledge and skills and be able to:

• Explain the principles, definitions, and concepts of project financial management:
• Operate the project financial system: budgeting, monitoring, controlling, and reporting with a focus on financial risks’ management.
• Customize the project financial system.
• Close the project financially and coordinate with auditors.
• Identify ethical challenges and applying soft skills in managing project finances.