Financial Management of ProjectsLaajuus (5 cr)
Code: HL00BD25
Credits
5 op
Teaching language
- Finnish
Responsible person
- Hanna Karhu
Objective
The object of the course
The outcome of the project can be unambiguously measured from the profitability point of view. This course will provide you with the key knowledge and capabilities for the financial management of projects.
Course competences
Ethics
Business competence
The learning objectives of the course
During this course, you will familiarize yourself with the financial management of project business operations and projects as well as the logic, principles and methods of financing. You are able to prepare calculations to determine the financing, cash flow, investments, costs and profitability of projects. You are able to identify and examine development targets from the perspective of enhancing the efficiency and profitability of projects. You are able to review and analyze processes related to project business operations and put forward development proposals for them. You are able to model tools for running profitable project operations.
Content
During the course, project business operations, project financing, project portfolio management, project phasing and partitioning, project timetable, resource and cost control, project reporting, risk management, cash flow and investment calculations will be discussed.
Qualifications
Basics of business mathematics and accounting.
Assessment criteria, satisfactory (1)
Adequate 1
You are able to name processes related to project business operations from the point of view of the financial management of projects and know which processes affect project profitability. You understand the basic principles of investment calculations and are able to prepare an investment calculation for the example company. You are able to explain in your own words the basic principles of project risks. You recognize project-related steering mechanisms and master the key factors related to project financing and cash flow.
Satisfactory 2
You are able to present processes related to project business operations from the point of view of the financial management of projects and recognize the factors related to the management of project profitability. You are able to prepare an investment calculation and cost control calculation for the example company under guidance. You recognize factors affecting project steering mechanisms in the example company and are able to name key factors in project financing and cash flow in companies operating in different industry sectors.
Assessment criteria, good (3)
Good 3
You are able to outline the basic processes of project business operations, itemize the process steps from the point of view of the financial management of projects and describe the impact of processes on profitability. You are able to prepare error-free investment and cost control calculations and apply calculation methods in support of the financial management of projects. You are able to draw up a profitability analysis based on investment calculations and cost control. You are able to define factors affecting project steering mechanisms in the example company and are able to define key factors in financing and cash flow in companies operating in different industry sectors.
Very Good 4
You are able to assess the basic processes of project business operations from the point of view of the financial management of projects. You are able to develop profitability analyses based on investment and cost control calculations. You are able to define the effects of project steering mechanisms in the example company and the significance of financing and cash flow in companies operating in different industry sectors.
Assessment criteria, excellent (5)
Excellent 5
You are able to plan the basic processes of project business operations from the point of view of the financial management of projects. You are able to plan active measures based on investment cost control calculations to influence the development of project profitability. You are able to assess the
impact of project steering mechanisms on the example company and report the actions taken based on it and the impact of financing and cash flow in companies operating in different industry sectors.
Enrollment
01.08.2023 - 24.08.2023
Timing
28.08.2023 - 19.12.2023
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Unit
School of Business
Campus
Main Campus
Teaching languages
- Finnish
Seats
20 - 40
Degree programmes
- Bachelor's Degree Programme in Business Management
Teachers
- Hanna Karhu
Teacher in charge
Hanna Karhu
Groups
-
HTL21S1Liiketalouden tutkinto-ohjelma (AMK)
-
HTLTALBFinancial Management-Business, Business Administration
-
ZJA23SHAvoin amk, lita
-
HTL21SIYLiiketalouden tutkinto-ohjelma (AMK)
Objective
The object of the course
The outcome of the project can be unambiguously measured from the profitability point of view. This course will provide you with the key knowledge and capabilities for the financial management of projects.
Course competences
Ethics
Business competence
The learning objectives of the course
During this course, you will familiarize yourself with the financial management of project business operations and projects as well as the logic, principles and methods of financing. You are able to prepare calculations to determine the financing, cash flow, investments, costs and profitability of projects. You are able to identify and examine development targets from the perspective of enhancing the efficiency and profitability of projects. You are able to review and analyze processes related to project business operations and put forward development proposals for them. You are able to model tools for running profitable project operations.
Content
During the course, project business operations, project financing, project portfolio management, project phasing and partitioning, project timetable, resource and cost control, project reporting, risk management, cash flow and investment calculations will be discussed.
Location and time
Timetable 28.8. - 19.12.2023
Materials
Artto, K., Martinsuo, M. & Kujala, J. (2008). Projektiliiketoiminta (2. painos). Helsinki: WSOY. ISBN 978-952-92-8534-1 (verkkoaineisto).
Pelin, R. (2020). Projektihallinnan käsikirja (8. uud. painos). Helsinki: Projektijohtaminen Risto Pelin. ISBN 978-952-67201-2-8 nidottu.
Saaranen, P., Kolttola, E. & Pösö, J. (2016). Liike-elämän matematiikka (11. uud. painos). Helsinki: Edita. ISBN 978-951-37-6971-0 (verkkojulkaisu) ja ISBN 978-951-37-6891-1 (nidottu).
Teaching methods
Lectures
Books
Video materials
Learning tasks
Guidance and feedback
Employer connections
Possible company visitors will be confirmed during the course.
Exam schedules
Exam will be held on week 48.
Two resit examinations will be held according to Degree Regulations and the dates will be on week 50 and 51.
Completion alternatives
A corresponding course completed in another university may be accredited partially or completely. Competence acquired through informal learning may be recognized and accredited on the basis of competence test. More precise instructions can be found in Degree Regulations and in Study Guide.
Student workload
Allocation of time on various tasks and student work load in total 135 h
Lectures and exam 20 h
Independent familiarization with literature and videos 35 h
Exercises and assignments 80 h
Content scheduling
The course includes independent familiarization with literature and videos as well as lectures and exercises and assignments.
Lectures (wk 35-47)
Autumn break (wk 42)
Exam (wk 48)
Exam resit 1 (wk 50)
Exam resit 2 (wk 51)
Further information
The course is included in financial management specialization (Talousjohtaminen).
The assessment of the course is based on the following credits:
1) exercises and assignments (50 %, 3 ECTS)
2) exam (50 %, 2 ECTS)
Evaluation scale
0-5
Assessment criteria, satisfactory (1)
Adequate 1
You are able to name processes related to project business operations from the point of view of the financial management of projects and know which processes affect project profitability. You understand the basic principles of investment calculations and are able to prepare an investment calculation for the example company. You are able to explain in your own words the basic principles of project risks. You recognize project-related steering mechanisms and master the key factors related to project financing and cash flow.
Satisfactory 2
You are able to present processes related to project business operations from the point of view of the financial management of projects and recognize the factors related to the management of project profitability. You are able to prepare an investment calculation and cost control calculation for the example company under guidance. You recognize factors affecting project steering mechanisms in the example company and are able to name key factors in project financing and cash flow in companies operating in different industry sectors.
Assessment criteria, good (3)
Good 3
You are able to outline the basic processes of project business operations, itemize the process steps from the point of view of the financial management of projects and describe the impact of processes on profitability. You are able to prepare error-free investment and cost control calculations and apply calculation methods in support of the financial management of projects. You are able to draw up a profitability analysis based on investment calculations and cost control. You are able to define factors affecting project steering mechanisms in the example company and are able to define key factors in financing and cash flow in companies operating in different industry sectors.
Very Good 4
You are able to assess the basic processes of project business operations from the point of view of the financial management of projects. You are able to develop profitability analyses based on investment and cost control calculations. You are able to define the effects of project steering mechanisms in the example company and the significance of financing and cash flow in companies operating in different industry sectors.
Assessment criteria, excellent (5)
Excellent 5
You are able to plan the basic processes of project business operations from the point of view of the financial management of projects. You are able to plan active measures based on investment cost control calculations to influence the development of project profitability. You are able to assess the
impact of project steering mechanisms on the example company and report the actions taken based on it and the impact of financing and cash flow in companies operating in different industry sectors.
Qualifications
Basics of business mathematics and accounting.
Enrollment
01.08.2022 - 25.08.2022
Timing
29.08.2022 - 21.12.2022
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Distance learning
Unit
School of Business
Campus
Main Campus
Teaching languages
- Finnish
Seats
0 - 40
Degree programmes
- Bachelor's Degree Programme in Business Management
Teachers
- Hanna Karhu
Teacher in charge
Hanna Karhu
Groups
-
HTL20IYBachelor's Degree Programme in Business Management
-
HTLTALBFinancial Management-Business, Business Administration
Objective
The object of the course
The outcome of the project can be unambiguously measured from the profitability point of view. This course will provide you with the key knowledge and capabilities for the financial management of projects.
Course competences
Ethics
Business competence
The learning objectives of the course
During this course, you will familiarize yourself with the financial management of project business operations and projects as well as the logic, principles and methods of financing. You are able to prepare calculations to determine the financing, cash flow, investments, costs and profitability of projects. You are able to identify and examine development targets from the perspective of enhancing the efficiency and profitability of projects. You are able to review and analyze processes related to project business operations and put forward development proposals for them. You are able to model tools for running profitable project operations.
Content
During the course, project business operations, project financing, project portfolio management, project phasing and partitioning, project timetable, resource and cost control, project reporting, risk management, cash flow and investment calculations will be discussed.
Location and time
Timetable 29.8.-21.12.2022
The whole course will be arranged in Zoom.
Materials
Mäntyneva, M. (2016). Hallittu projekti : jäntevästä suunnittelusta menestykselliseen toteutukseen (1. painos). Helsinki: Kauppakamari. ISBN 978-952-246-401-9 (verkkoaineisto) ja ISBN 978-952-246-400-2 (nidottu).
Artto, K., Martinsuo, M. & Kujala, J. (2008). Projektiliiketoiminta (2. painos). Helsinki: WSOY. ISBN 978-952-92-8534-1 (verkkoaineisto).
Pelin, R. (2011). Projektihallinnan käsikirja (7. uud. painos). Helsinki: Projektijohtaminen Risto Pelin. ISBN 978-952-67201-1-1 (sidottu).
Puolamäki, E. & Ruusunen, P. (2009). Strategiset investoinnit : johtaminen, prosessit ja talouden ohjaus (1. painos). Helsinki: Tietosanoma. ISBN 978-951-885-291-2 (nidottu).
Saaranen, P., Kolttola, E. & Pösö, J. (2016). Liike-elämän matematiikka (11. uud. painos). Helsinki: Edita. ISBN 978-951-37-6971-0 (verkkojulkaisu) ja ISBN 978-951-37-6891-1 (nidottu).
Teaching methods
Lectures
Books
Video materials
Learning tasks
If you need any help, please contact a teacher.
Employer connections
Possible company visitors will be confirmed during the course.
Exam schedules
Exam will be held online on week 49. Two resit examinations will be held according to Degree Regulations and the dates will be confirmed during the course.
Completion alternatives
A corresponding course completed in another university may be accredited partially or completely. Competence acquired through informal learning may be recognized and accredited on the basis of competence test. More precise instructions can be found in Degree Regulations and in Study Guide.
Student workload
Allocation of time on various tasks and student work load in total 135 h
Lectures 20 h
Independent familiarization with literature and videos 35 h
Independent exercises and assignments 80 h
Content scheduling
The course includes independent familiarization with literature and videos as well as lectures and exercises and assignments.
Further information
The course is included in financial management specialization (Talousjohtaminen).
The assessment of the course is based on the following credits:
1) exercises and assignments (50 %, 3 ECTS)
2) exam (50 %, 2 ECTS)
Evaluation scale
0-5
Assessment criteria, satisfactory (1)
Adequate 1
You are able to name processes related to project business operations from the point of view of the financial management of projects and know which processes affect project profitability. You understand the basic principles of investment calculations and are able to prepare an investment calculation for the example company. You are able to explain in your own words the basic principles of project risks. You recognize project-related steering mechanisms and master the key factors related to project financing and cash flow.
Satisfactory 2
You are able to present processes related to project business operations from the point of view of the financial management of projects and recognize the factors related to the management of project profitability. You are able to prepare an investment calculation and cost control calculation for the example company under guidance. You recognize factors affecting project steering mechanisms in the example company and are able to name key factors in project financing and cash flow in companies operating in different industry sectors.
Assessment criteria, good (3)
Good 3
You are able to outline the basic processes of project business operations, itemize the process steps from the point of view of the financial management of projects and describe the impact of processes on profitability. You are able to prepare error-free investment and cost control calculations and apply calculation methods in support of the financial management of projects. You are able to draw up a profitability analysis based on investment calculations and cost control. You are able to define factors affecting project steering mechanisms in the example company and are able to define key factors in financing and cash flow in companies operating in different industry sectors.
Very Good 4
You are able to assess the basic processes of project business operations from the point of view of the financial management of projects. You are able to develop profitability analyses based on investment and cost control calculations. You are able to define the effects of project steering mechanisms in the example company and the significance of financing and cash flow in companies operating in different industry sectors.
Assessment criteria, excellent (5)
Excellent 5
You are able to plan the basic processes of project business operations from the point of view of the financial management of projects. You are able to plan active measures based on investment cost control calculations to influence the development of project profitability. You are able to assess the
impact of project steering mechanisms on the example company and report the actions taken based on it and the impact of financing and cash flow in companies operating in different industry sectors.
Qualifications
Basics of business mathematics and accounting.
Timing
10.01.2022 - 20.04.2022
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Unit
School of Business
Teaching languages
- Finnish
Degree programmes
- Bachelor's Degree Programme in Business Management
Teachers
- Ari Karsikas
Groups
-
ZJA21KHTKDAvoin AMK, lita, KKD, Henkilöstö- ja talousosaaja
Objective
The object of the course
The outcome of the project can be unambiguously measured from the profitability point of view. This course will provide you with the key knowledge and capabilities for the financial management of projects.
Course competences
Ethics
Business competence
The learning objectives of the course
During this course, you will familiarize yourself with the financial management of project business operations and projects as well as the logic, principles and methods of financing. You are able to prepare calculations to determine the financing, cash flow, investments, costs and profitability of projects. You are able to identify and examine development targets from the perspective of enhancing the efficiency and profitability of projects. You are able to review and analyze processes related to project business operations and put forward development proposals for them. You are able to model tools for running profitable project operations.
Content
During the course, project business operations, project financing, project portfolio management, project phasing and partitioning, project timetable, resource and cost control, project reporting, risk management, cash flow and investment calculations will be discussed.
Location and time
Timetable 10.01.2022-20.05.2022
The whole course will arrange in Zoom.
Materials
Mäntyneva, M. (2016). Hallittu projekti : jäntevästä suunnittelusta menestykselliseen toteutukseen (1. painos). Helsinki: Kauppakamari. ISBN 978-952-246-401-9 (verkkoaineisto) ja ISBN 978-952-246-400-2 (nidottu).
Artto, K., Martinsuo, M. & Kujala, J. (2008). Projektiliiketoiminta (2. painos). Helsinki: WSOY. ISBN 978-952-92-8534-1 (verkkoaineisto).
Pelin, R. (2011). Projektihallinnan käsikirja (7. uud. painos). Helsinki: Projektijohtaminen Risto Pelin. ISBN 978-952-67201-1-1 (sidottu).
Puolamäki, E. & Ruusunen, P. (2009). Strategiset investoinnit : johtaminen, prosessit ja talouden ohjaus (1. painos). Helsinki: Tietosanoma. ISBN 978-951-885-291-2 (nidottu).
Saaranen, P., Kolttola, E. & Pösö, J. (2016). Liike-elämän matematiikka (11. uud. painos). Helsinki: Edita. ISBN 978-951-37-6971-0 (verkkojulkaisu) ja ISBN 978-951-37-6891-1 (nidottu).
Teaching methods
Lectures
Books
Video materials
Learning tasks
If you need any help, please contact a teacher
Employer connections
More exact information on the work placements linked to the course shall be provided by the teacher during the first contact lessons of the course.
Exam schedules
The exam will be during week 17. The resit exams will be held in Exam.
Completion alternatives
A corresponding course completed in another university may be accredited partially or completely. Competence acquired through informal learning may be recognized and accredited on the basis of competence test. More precise instructions can be found in Degree Regulations and in Study Guide.
Student workload
Allocation of time on various tasks and student work load in total 135h
Lectures and exercises 20 h
Independent literature and videos 35 h
Independent study and independent learning assignments 80 h
Content scheduling
The course includes independent familiarization with literature and videos as well as lectures and exercises and assignments.
Further information
The course is included in financial management specialization (Talousjohtaminen).
The assessment of the course is based on the following credits:
1) exercises and assignments (50%, 3 ECTS)
2) exam (50%, 2 ECTS)
Evaluation scale
0-5
Assessment criteria, satisfactory (1)
Adequate 1
You are able to name processes related to project business operations from the point of view of the financial management of projects and know which processes affect project profitability. You understand the basic principles of investment calculations and are able to prepare an investment calculation for the example company. You are able to explain in your own words the basic principles of project risks. You recognize project-related steering mechanisms and master the key factors related to project financing and cash flow.
Satisfactory 2
You are able to present processes related to project business operations from the point of view of the financial management of projects and recognize the factors related to the management of project profitability. You are able to prepare an investment calculation and cost control calculation for the example company under guidance. You recognize factors affecting project steering mechanisms in the example company and are able to name key factors in project financing and cash flow in companies operating in different industry sectors.
Assessment criteria, good (3)
Good 3
You are able to outline the basic processes of project business operations, itemize the process steps from the point of view of the financial management of projects and describe the impact of processes on profitability. You are able to prepare error-free investment and cost control calculations and apply calculation methods in support of the financial management of projects. You are able to draw up a profitability analysis based on investment calculations and cost control. You are able to define factors affecting project steering mechanisms in the example company and are able to define key factors in financing and cash flow in companies operating in different industry sectors.
Very Good 4
You are able to assess the basic processes of project business operations from the point of view of the financial management of projects. You are able to develop profitability analyses based on investment and cost control calculations. You are able to define the effects of project steering mechanisms in the example company and the significance of financing and cash flow in companies operating in different industry sectors.
Assessment criteria, excellent (5)
Excellent 5
You are able to plan the basic processes of project business operations from the point of view of the financial management of projects. You are able to plan active measures based on investment cost control calculations to influence the development of project profitability. You are able to assess the
impact of project steering mechanisms on the example company and report the actions taken based on it and the impact of financing and cash flow in companies operating in different industry sectors.
Qualifications
Basics of business mathematics and accounting.