Projects, programmes and portfolios are dependent on the input of people, material and money. These input constraints include money, Finance (Practice 7) and (human and other) Resources (Practice 8). Often, acquiring resources requires Procurement (Practice 9). 

The Finance (Practice 7) competence element enable the individual to ensure that enough financial resources are provided to the project/programme/portfolio at any time, that the financial targets of the project/programme/portfolio can be met and that the financial status is monitored, reported and properly used for adequate management of financial resources. 

Instructional Objectives 

• Determine the project/programme/portfolio funding and financing strategy 
• Determine and establish the project/programme/portfolio budget 
• Develop, establish and govern a funding and financial management framework 
• Distribute project/programme/portfolio funds based on the needs of components and funding conditions 
• Provide reports to funding and financing bodies 

45min.