The Basics of Budget Monitoring
Module 2 of the “Project & Operations Management” course
Mastering the fundamentals of budget monitoring is essential for any professional involved in project management, particularly when it comes to analyzing financial variances, establishing reliable projections, and ensuring the economic performance of the operations carried out. Whether you are a project management controller or in charge of budget management, this module will provide you with the essential references to structure your analyses and reports.
What you will acquire:
✔ A clear understanding of the key financial indicators used in project monitoring
✔ A mastery of budget cycles and essential reference documents
✔ An ability to integrate the fundamental principles and standards enabling rigorous budgetary control
Why take this module?
• Because reliable reporting starts with solid foundations
• Because identifying a budget variance is not enough, you need to know how to analyze it
• Because in a project, each financial decision is based on precise benchmarks
This module can be taken independently or integrated into the complete “Project Management & Operations” course, which combines fundamentals, interactive scenarios and anchor quizzes for 360° operational learning.
