Chalmers University
LBT431 Financial Management Workshop Synopsis
AIM OF WORKSHOP
The aim of the workshop is that the student shall have a good understanding of the techniques used for the financial control and management of a project. The aim is also that the student shall have the ability to participate in a professional way in a project team situation.
CONTENT
The workshop covers the activities that are related to planning, allocating and coordinating resources, preparing a budget and applying earned value analysis for the purpose of financially managing a project. The workshop includes: * Subject introduction lectures and exercises * Preparation of a network (CPM) and Gantt chart and resource allocation * Preparation of a budget * Performance evaluation based upon Earned Value Analysis * Risk Management and managing stakeholders * Working as a project team.

LEARNING OUTCOMES
On successful completion of the workshop students will be able to: * Understand the purpose of project financial management control systems and how control is implemented * understand how budgets are established and how earned value is monitored; * apply, through an integrative and interactive team exercise, the knowledge they have gained: * work in a project team situation.
LEARNING, TEACHING AND ASSESSEMENT STRAEGY
The workshop will be delivered through a mixture of lectures, exercises and a project simulation. Lectures will be used provide information on the subject topics. Lectures will also include case exercises accomplished in smaller groups. The case exercises should contribute to a deeper understanding of the subject topic discussed in lectures. The project simulation will focus on deepening students understanding by the application of methods and techniques discussed in lectures.
ASSESSMENT
Instructions regarding any formal