Project financial management is a critical prerequisite for successful project execution. Through sound financial management, project management is provided with timely and precise financial information which is essential for effective decision-making as well as corrective action in order to enhance the prospects of timely completion within the planned project budget and scope of deliverables. Furthermore it provides the comfort needed by the recipient country, lenders and donor community that funds have been used efficiently and for the purposes intended. Participants will be able to competently design and operate project financial management systems in accordance with sound professional standards and the harmonized requirements of donors and their respective governments.