Date: 10th - 21st February 2025
Venue: Nairobi, Kenya
Training Fee: USD 1900 (Group Discounts Offered)
Registration: Training Course on Financial Management for Donor-Funded Projects - Perk Group Africa
Course Overview
This course is designed to equips participants with the knowledge and practical skills necessary to navigate the unique financial management challenges associated with donor-funded projects.
By the end of this course, participants will be able to understand:
Accounting principles and procedures within the planning of financial statements
- Preparation of Work Plan, budgets and cash flow management
- Analyze and interpret information as discovered in financial statements.
- Compliance with prerequisites, legal and administrative framework
- Identifying various elements of donor funding.
- Costing factors of Donor Funded Projects
- Monitor and evaluate donor-funded projects.
- Disbursement factors of Donor Funded Projects
- Project management techniques
- Outline and assess the convenience of the authorized provisions governing the procurement along with usage of donor funds.
- Compliance Regulatory & Governance and Risk management
- Prepare & effectively manage the arrangement of budgets for donor funds.
Course Duration: 10 days
Target Audience:
Project managers, Finance managers, and Administrators involved in donor-funded projects
Individuals seeking to enhance their financial management skills specific to donor-funded initiatives.
Training Methodology
This course adopts a practical, participant-centered approach, combining instructor-led sessions with interactive learning methods. Participants will engage in real-life case studies, group discussions, and practical exercises to build hands-on skills in financial management for donor-funded projects. Role-playing simulations and Q&A sessions provide opportunities to apply knowledge in realistic scenarios, while collaborative activities ensure peer learning and experience sharing. This comprehensive methodology is designed to enhance understanding and foster actionable skills applicable to real-world challenges.
Certificate
Upon successful completion of the course, participants will receive a Certificate of Completion that validates their expertise in financial management for donor-funded projects. This certificate serves as a testament to their enhanced skills and knowledge, equipping them to effectively manage financial aspects of donor-funded initiatives.
Course Outline
Module 1: Introduction to Donor-Funded Projects
- Overview of donor-funded projects and their significance
- Types of donors and funding sources
- Unique financial management challenges in the context of donor funding
Module 2: Fundamentals of Financial Management
- Core principles of financial management
- Budgeting for donor-funded projects
- Financial planning and forecasting
Module 3: Compliance and Regulatory Framework
- Understanding donor regulations and compliance requirements
- Overview of international financial standards and reporting
- Navigating legal and regulatory frameworks for donor-funded projects
Module 4: Project Budgeting and Proposal Development
- Developing comprehensive project budgets
- Aligning budgets with project goals and donor expectations
- Strategies for effective proposal development and budget justification
Module 5: Financial Controls and Internal Policies
- Establishing internal financial controls
- Designing and implementing financial policies and procedures
- Internal and external audit requirements for donor-funded projects
Module 6: Monitoring and Reporting
- Implementing effective financial monitoring systems
- Regular reporting to donors: financial and narrative reporting
- Utilizing financial reports for decision-making and accountability
Module 7: Risk Management in Donor-Funded Projects
- Identifying and assessing financial risks
- Strategies for mitigating financial risks in donor-funded projects
- Contingency planning and crisis management
Module 8: Procurement and Contract Management
- Procurement policies and procedures for donor-funded projects
- Contract management and compliance
- Ensuring transparency and fairness in procurement processes
Module 9: Financial Sustainability and Exit Strategies
- Developing financial sustainability plans
- Planning for project exit and sustainability post-funding
- Building partnerships and diversifying funding sources
Module 10: Case Studies and Practical Applications
- Analyzing real-world examples of financial management in donor-funded projects
- Group discussions on challenges and solutions
- Practical exercises to reinforce learning
Contacts
Monica C. | Training Coordinator
Cell / WhatsApp: +254 712 028 449
Email:training@perk-gafrica.com
Website:perk-gafrica.com