PDUs: 8

Language: English

Participants: 8 to 15

Price: 345,00 EUR (taxes excluded)

Fact sheet: View PDF

Location: Virtual Classroom

Dates: To be defined

(9:00 - 13:00 or 15:00-19:00 depending on the regions of actual participants)

Times are in: CET or CEST as applicable*

(*) CET applies until March 31st , 2024

Trainer: Rickard Romander and Rosa Calonge

Introduction

Learn more about Project Financials!
The customer projects influence heavily on Ericsson’s overall financial situation, results and KPIs.
In this workshop the focus is to understand even more how the project KPIs are affected by the projects plans, decisions and agreements made with the customer. You will also get to better understand how
your decisions impact the overall Ericsson financials.
The workshop is customized to Ericsson customer project management

Outcome

After the course you will:

• Have a profound understanding of the project financial key performance indicators (KPIs).
• Better know how to analyze the project KPIs.
• Better know how your project plans and decisions impact the project financials, and also the overall Ericsson financial statements.
• Have new ideas on how to improve your project financials and KPIs.
• Have developed your financial acumen

Targeted to:

• Customer Project Managers (CPMs)
• Program Directors
• Project Financial Managers (PFMs)
• Core 3 members (CFR, ACR, CSR)
• Steering Group Members

Subjects:

• A brief refresh on customer project financial management. The project KPIs (Key Performance Indicators(*)) and how they impact Ericsson’s three financial statements (income, balance and cash flow).

• The Project Status Reports and dashboards (CPL, etc from SAP/one and Global Chronos)

• Decisions that impact the project financials

• Simulations on an Ericsson specific case study – Considering different situations in projects and how your decisions will impact the financials and the KPIs.

• Debates and conclusions, on how to better manage the projects and make decisions to improve the financial results.

• Summary – Show you know

• Examples of KPIs are: Net Sales, Actual Cost, Cost of Sales, WIP, RUC, Deferred revenue, Unbilled sales, Project Working capital, Net Cash, Cash collected, etc.

Prerequisites:

We recommend that you have done the course Project Financial Management (or similar) prior to this workshop