The Financial & Commercial Framework Syllabus Sample Clauses

The Financial & Commercial Framework Syllabus. Unit Title The Financial & Commercial Framework Unit Code FCF-0913 Level 6 Diploma Credits 20 Unit Leader KE Pre-requisites Main Aim(s) of the Unit: This unit aims to give students the ability to manage the financial and commercial framework of project management. Main Topics of Study: Defining the Project ► Receipt of customer enquiries ► Screening enquiries ► Defining projects ► Defining a project for financial appraisal ► The customer’s project specificationProject scope ► Using checklists ► Project and design specifications ► Product development projects ► Developing the project specification Cost EstimatesDefinitions and Principles ► Estimating accuracy ► Classification of estimates ► Prices and profits ► Version cntrol ► Work breakdown ► Cost coding systems ► Benefits of a coding system ► Choosing a coding system ► Customer requirements and coding Cost Estimates-Estimating in Practice ► Compiling the task listLevel of detail ► Estimating formats ► Estimating manufacturing costs ► Estimating labour time ► Personal estimating characteristics ► Material and equipment costs ► Below the line costs ► Reviewing cost estimates Commercial Management ► Financial project appraisal ► Project funding ► Contracts ► Contract payment structures ► Insurance Learning Outcomes for the Unit: At the end of this Unit, students will be able to:
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