During the first day, the participants will assess the principal assumptions that need to be taken into consideration when budgeting for consultancy project development, including those arising from the external environment. The participants will focus on the core course objective of improving the consultants’ skills in project management and internal financial control. They will review the principal stages of effective project management which they will continue to develop over the course of the entire programme. Having reviewed the steps that need to be taken in terms of planning and initiating the project, the participants will introduce and apply financial models focused on assessing project return and project feasibility which is a core element of the project planning phase.

Juan Gamecho

Trainer,

Applied Learning Limited UK

During the second day of the training, the participants will develop the concept of using financial modelling for the budgetary process as the key financial tool for any business. The participants will work through the different stages of budget preparation and development and review a number of budgeting techniques that the consultants can select and apply to their particular budgetary needs. The participants will review different modelling methods for assessing the costs associated with a consultancy project and operation. They will assess a range of different costing models that can be applied depending on the prevailing market conditions that the consultancy companies face.

Juan Gamecho

Trainer,

Applied Learning Limited UK

During the third day of the training, the participants will assess different modelling methods for pricing the work that the consultancy will deliver. The participants will assess a range of different models that can be applied depending on the prevailing market conditions that the consultancy companies face. The participants will assess the different control mechanisms that the consultant can use to ensure that the project is delivered on time, to budget, and to the original specifications agreed with the client. The participants will also assess what the consultant needs to do on completion of the project.

Juan Gamecho

Trainer,

Applied Learning Limited UK

During the last day of the training, the participants will assess different modelling methods for pricing the work. During this final session, the participants will review cash flow models that they can use and apply to their daily operations. These will underline the importance of generating sufficient cash flows from consultancy operations, to be able to honour all their operating and any financing costs going forward. The participants will also use the 13-week forecast cash flow model to assess the impact on the liquidity of the consultancy firm in managing and financing its continued operation and growth.

Juan Gamecho

Trainer,

Applied Learning Limited UK