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Financial Management Practitioner

At the end of this course the candidate will be able to demonstrate:

  • The purpose and objectives of Financial Management for IT Services and the benefits it will bring to an organisation
  • How to plan for the implementation of Financial Management for IT Services and provide solutions for the typical problems that will be encountered
  • Understanding of how to define and agree cost types
  • How to prepare and maintain a cost model
  • Understanding of the importance of good investment appraisal
  • A to negotiate and agree Charging Policies with the customer and the IT providers
  • How to implement and manage the process for Service Billing
  • How to prepare Finance reports for distribution throughout the IT organisation
  • How to analyse reports and statistics to determine identify and propose ways to improve cost efficiency across IT Services
  • How to evaluate and review the FMITS processes
  • Understanding of the interdependencies between Financial Management for IT Services and other process areas and the business
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