BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Lean Africa Consultants Ltd - ECPv5.1.4//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-WR-CALNAME:Lean Africa Consultants Ltd X-ORIGINAL-URL: X-WR-CALDESC:Events for Lean Africa Consultants Ltd BEGIN:VTIMEZONE TZID:UTC BEGIN:STANDARD TZOFFSETFROM:+0000 TZOFFSETTO:+0000 TZNAME:UTC DTSTART:20210101T000000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=UTC:20210604T083000 DTEND;TZID=UTC:20210604T083000 DTSTAMP:20221007T144323 CREATED:20210507T101632Z LAST-MODIFIED:20210510T132742Z SUMMARY:Training - Mechanics of cost and cashflow planning\, accounting\, control and reporting in large infrastructure projects DESCRIPTION:Date: 4th June 2021\, 0830 to 1630hrs \nThe mechanics of cost and cashflow planning\, accounting\, control and reporting in large infrastructure projects \nOver the last two decades\, African governments have invested heavily in infrastructure projects so as to enhance the ease of doing business in their respective countries and also compete on the global space. This has presented a number of opportunities for the key stakeholders involved in the development and financing of infrastructure projects including contractors\, suppliers\, consultants and financial institutions. \nHowever\, the implementation of these projects has been marred by inefficiencies leading to massive budget and time overruns which has adversely impacted on the project margins. \nInaccurate and untimely decision making has been cited as one of the causes of project failures across the globe. Timely and accurate recognition\, measurement\, recording and reporting of infrastructure project cost and revenue is a critical foundation for reporting of project information that aids decision making in large infrastructure projects. \nThe one-day training on the mechanics of cost and cashflow planning\, accounting\, control and reporting in large infrastructure projects organized by Lean Africa Consultants Limited will explore ways through which entities can enhance the practical knowledge and skills of their project teams to efficiently plan\, implement and monitor cost and cashflow plans for large infrastructure projects. \nBased on a practical case study of an infrastructure project\, the training will enable the participants to interact and explore ways they can ensure success of their projects through adopting the global best practices. \nTraining objectives \n\nTo explore ways through which project teams can build work breakdown structures for infrastructure projects critical for identifying and classifying cost drivers in infrastructure projects.\nTo demonstrate how project teams can enhance the accuracy and efficiency in project cost and cashflow planning in infrastructure projects.\nTo explore ways through which project teams can ensure timely recognition\, measurement and recording of project costs and revenue.\nTo demonstrate how project teams can plan and implement monthly closing procedures in infrastructure projects.\nTo explore how project teams monitor infrastructure project cost and cashflow plans and undertake efficient variance analysis.\nTo review ways through which project teams can enhance the reporting of project information so as to enable timely and accurate decision making.\n\nWho can attend? \n\nProject Accountants\nProject Financial Controllers\nProject Managers\nChief Finance Officers of infrastructure entities\nProject Administrators\n\nCost \nKshs. 10\,500 plus VAT \nVenue \nThe venue will be communicated. The organisers will ensure strict adherence to the Covid-19 regulations as stipulated by the Ministry of Health. \nCertification \nParticipants who successfully complete the training will be awarded certificates of participation at the end of the training. \n\nRegister\n \n URL: ORGANIZER;CN="Lean%20Africa%20Consultants" END:VEVENT END:VCALENDAR