Mastering Budgeting &
Financial Planning
Techniques for Effective Road Maintenance and
Construction Projects
05 - 09 May 2025
Sandton Centre
Johannesburg South Africa
Register Now! Limited Seats Available!
R19, 999.00 Per Delegate
Course Overview:
This comprehensive course focuses on equipping professionals with the skills, knowledge, and tools needed to design, manage, and execute budgets for road maintenance and construction projects. Participants will explore advanced financial planning techniques, learn to optimize resource allocation, and gain insights into integrating sustainability and risk management into infrastructure funding strategies.
Road maintenance and construction are critical components of public infrastructure development, and effective financial management ensures their success and longevity. This course blends theory with practical applications, real-world case studies, and hands-on exercises to provide participants with a robust foundation for financial excellence in road infrastructure projects.
Course Objectives:
- Strategic Financial Planning: Enable participants to create budgets aligned with long-term infrastructure goals and national development plans.
- Cost Optimization: Provide tools and techniques for accurate cost estimation and resource allocation to avoid overruns.
- Enhanced Decision-Making: Introduce modern software tools for data-driven financial planning and analysis.
- Sustainability Integration: Teach methods to incorporate environmental and social considerations into road project financial planning.
- Risk Mitigation: Equip participants to identify, assess, and manage risks affecting project budgets.
- Real-World Application: Apply learning through practical case studies and hands-on exercises.
Who Should Attend:
- Government Officials: Policy-makers and budget planners in transportation and public works departments.
- Project Managers: Professionals managing road maintenance and construction projects.
- Financial Analysts: Individuals handling budgets, cost control, and financial reporting for infrastructure projects.
- Civil Engineers and Planners: Technical personnel involved in project design and execution.
- Infrastructure Consultants: Experts providing advisory services on public works projects.
- Private Sector Partners: Representatives from construction firms or organizations in Public-Private
Course Outline:
Module 1: Foundations of Budgeting and Financial Planning
- Importance of financial planning in public infrastructure projects
- Budgeting lifecycle: Planning, execution, monitoring, and evaluation
- Challenges and opportunities in road project budgeting
Module 2: Developing Effective Budgets
- Identifying and classifying costs: Fixed, variable, and contingency costs
- Accurate cost estimation techniques for maintenance and construction
- Prioritizing projects based on strategic and community needs
Module 3: Funding Mechanisms and Revenue Streams
- Government funding, international grants, and external financing
- Leveraging Public-Private Partnerships (PPPs) for funding
- Innovative revenue models: Toll roads and user-fee-based models
Module 4: Strategic Financial Planning for Infrastructure Projects
- Medium and long-term financial planning principles
- Balancing economic, environmental, and social objectives in road projects
- Linking financial plans to regional and national development goals
Module 5: Budgeting Tools and Technologies
- Software tools for budgeting and financial analysis
- Data-driven decision-making: Forecasting and scenario analysis
- Digital solutions for tracking expenditures and performance
Module 6: Monitoring, Evaluation, and Performance Management
- Developing Key Performance Indicators (KPIs) for budgeting
- Techniques for performance monitoring and real-time adjustments
- Ensuring accountability and transparency in financial reporting
Module 7: Sustainability and Risk Management
- Incorporating green infrastructure and sustainable practices into budgets
- Managing financial risks: Inflation, cost overruns, and funding shortages
- Building resilience in road projects through strategic risk planning
Module 8: Case Studies and Interactive Workshops
- Successful examples of road infrastructure budgeting worldwide
- Analysis of budget failures and lessons learned
- Practical group exercises: Simulating a road project budget
End of the workshop
IN HOUSE AND ONLINE TRAINING
While both In-House and Online training can present with cost-effectiveness and time-efficacy, there are some very specific differences between in-house courses and those based online.
The demand for additional courses by individuals or groups of people is increasing. Still, it depends entirely on the preferences of a person what type of training he or she wants to receive. Online courses and in-house training carry some similarities but they are considered to exhibit some very pivotal differences too. Despite that, both types of learning can be really beneficial for attendees.
For Registration and other Training arrangements,
contact us on the detail below.
SOUTH AFRICA : +27 11 057 6001
TANZANIA Cell: +255 769 688 544
WhatsApp +27 79 574 0389
info@bmktraining.co.za / www.bmktraining.com
