Managing Project Finances
Learn how to talk finances confidently with your clients. Access tips for obtaining a project budget and managing it throughout. Improve project outcomes by managing the clients’ expectations from beginning to end.
Our online courses are self paced and conducted online on our website via an easy to use integrated learning platform. Once you sign up, you'll be emailed instructions on how to view the content.
ABOUT TDC DESIGNLAB COURSESLearn how to operate an efficient, professional and profitable business.
Whether you’re starting up a design business, or looking to solidify your current processes, our TDC DesignLab Courses are a sure-fire way to accelerate your professional growth and transform the way you do business.
When you sign up to our courses, you’re fast-tracking years of learning. Most designers operate via the old method of trial and error, where poor choices can result in mistakes that can have a damaging effect on profitability and significantly reduce the joy in your work life.
Our tried and tested systems and processes will give you an instant hack into a more professional and profitable way of doing business. Our tools and templates will elevate your offering and help you deliver happy clients and successful project outcomes, time after time.
It’s a tough job running a business, so we want to make sure you are equipped with all the foundations to help you thrive.
About the Course
Are you terrified of discussing money with a client? Do you struggle to get your clients to nominate a budget? Do you avoid talking about the project costs due to a fear of losing the job?
Join this course to learn how to confidently and professionally estimate project costs, communicate these costs effectively to the clients and update them as variations occur.
In this course you will learn how to:
-
Talk about money with confidence
-
Establish what the client feels comfortable spending, from the outset
-
Create a detailed preliminary budget outlining the likely costs associated with the project
-
Update this budget to manage the clients expectations
-
Utilise the budget to make specification more efficient
-
Keep abreast of variations to costs throughout the project
-
Win the trust and loyalty of your clients
-
Course Content
Managing Project Finances is broken down into 17 'modules' across three parts. Complete the course by watching the videos in the modules in the order listed below.
Part 1 - Budget Forecasting-
Introduction
-
Case Study Overview
-
The Basics
-
Determining the Project Budget
-
Budget Forecasting – The Foundations
-
How to Create a Budget Forecast
-
Case Study Review - Part 1
-
Updating Your Budget Forecast
-
Case Study Review – Part 2
Part 2 - Tender & Estimation
-
The Basics - Margins
-
The Tender Process
-
Quoting Product
-
Creating a Project Estimate
-
Case Study Review
Part 3 - Design Management
-
The Basics - Margins
-
Managing Procurement
-
Case Study Review
-
Inclusions
-
Downloadable Course Notes
-
Proven Business Tools
-
How it Works
The content of our courses is delivered to you as a series of easy to follow, professionally produced videos, supported with downloadable course notes, tools and templates.
Each course is specifically designed to guide you through the information needed to set you up to operate a successful design business, step by step. From the basics to advanced case study examples, we’ve got you covered.
At the completion of each course we provide a PDF download of the content, along with any applicable downloadable tools that are referenced during the class.Access extra support via our 1-on-1 coaching sessions, available for purchase at 50% off the regular price.
Supplement Your Learning
Purchase a One-on-One Coaching Session to further explore the principles covered in your course. Access a 1-hour coaching supplement session for $200 (save 50%) upon signing up to your Online Course. When you sign up, you'll be emailed a unique promotion code to use when booking a session.
Note: Limit of 1 discounted coaching session per course.