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Home > Project Management Training Podcasts > ChPP Competence 1b - Financial Management
Podcast: Project Management Training Podcasts
Episode:

ChPP Competence 1b - Financial Management
Category: Business
Duration: 00:30:32
Publish Date: 2019-01-15 05:30:11
Description:

In this podcast John and Paul discuss Competence 1b - Financial Management. During this podcast they discuss in detail all of the APM Professional Practice and Technical Knowledge criteria.

portfolio in line with organisational practice

PP1.2   Ensure a consistent approach to estimating is used across the programme or portfolio

PP1.3   Establish control limits for the reporting and approval of budget variances

PP1.4   establish arrangements for the release of funds at appropriate stages in a Programme or portfolio

PP2.1   Determine capital and revenue expenditure for a programme or portfolio ensuring alignment with the organisation’s financial plan

PP2.2   Establish financial reporting milestones and reviews for a programme or portfolio

PP2.3   Produce financial progress reports based on the financial information related to a programme or portfolio

PP2.4   Adjust a financial plan based on the progress of a change initiative and associated financial reviews

TK1.1  Critically evaluate methods for producing an effective investment appraisal to a programme or portfolio

TK1.2  Evaluate the importance of differing levels of financial accountability in a programme or portfolio

TK1.3  Analyse sources and impact of estimation bias

TK2.1  Evaluate the importance of aligning the financial plan of a programme or portfolio to an overall financial plan

TK2.2  Analyse the extent to which adjusting a financial plan would be beneficial to a programme or portfolio and the sources required to do this
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