PDUs: 12 (3x4h)

Language: English

Participants: 8 to 15

Price: 520,00 EUR (taxes excluded)

Fact sheet: View PDF

Location: Virtual Classroom

Dates: 1 - 3 October, 2024

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

Times are in: CET or CEST as applicable*

(*) CEST applies since March 31st , 2024

Trainer: Rickard Romander and Rosa Calonge

Introduction

Get on Top of your Project Financials!

Ericsson aims to improve project financial performance thanks to better financial management of projects.

The Purpose of this course is to provide knowledge and understanding on how a better project financial management can contribute
to the financial result of the company!

This version of the course is targeted to R&D (product development) and internal projects. There is also another version of the course
targeted to customer projects

Outcome

After the course you will:

• Better understand accounting and financial information and terminology.
• Know the key factors that influence the financial performance of a project and the whole company.
• Be better in planning and managing projects also taking into account financial aspects.
• Have an improved financial acumen.

Targeted to:

• Project and Program Managers (PjMs)
• PMO Staff
• Line Managers and Directors
• Others with interest in a companies financials 

Subjects:

• Financial and accounting fundamentals; Terminology, Accounting principles, Cost types (CAPEX, OPEX, CoS) etc.

• The three financial statements (income, balance and cash flow) – and their relation to the projects

• The Ericsson annual and quarterly reports

• Project Financial Risk Management

• Project decisions impacting the Ericsson corporate financial results

• Ericsson Corporate KPIs (Gross Margin, Operational margin, ROS, ROCE, EBIT, EBITDA etc)

• How to benefit from AI in Project Financial Management

• Exercises and a specific case study for R&D and internal projects 

 Optional:

• A brief look at customer project financial management (Cash-flow, Project Working capital, Revenue recognition, Result analysis and a few key KPIs (NS, CoS, WIP, RUC, Unbilled sales, Deferred revenue etc).