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Construction Financial Management

An Interactive 5-Day Training Course

Construction Financial Management

Dealing with Financial Elements for a Development Project

NASBA
Classroom Schedule
Date Venue Fees
09 - 13 Nov 2026 London $ 5,950

Course Summary

This GLOMACS training course is presented to enable delegates to understand the key features of financial management of construction projects. It commences with the project planning stage, sourcing for funding, managing with the cash-flow and bring the project accounts to a conclusion. This are of finance is often overlooked by project and finance personnel while preparing for site mobilization and commencement of physical work on the ground.

Poor dealing of the financial aspects of the project may lead to serious project disruption and/ or abandonment or even penalty/ legal action by client.

The training course is led by an experienced contract administration facilitator who uses inter-active learning methods to enhance the learning process. The delegates will be taught the technical aspects of the financial management and shown how cash flow are handled. Focus will be given on financial planning and other related monetary issues for project handling.

This training course will highlight the following key features:

  • A study of the phases of the project development and financial implication
  • Considering the sources of financing for projects
  • Appreciate how monthly progress claims are evaluated and approved
  • Special attention on specific clauses in the Conditions of Contract and Letter of Award
  • Highlight the use of insurance tools like policies and bond to protect the financial exposure
  • Discussion on best practice to obtain a more effective value from better financial management
Course Outline
Day 1

An Overview of Construction Projects and Financial Requirements

  • Typical project and financial requirements
  • Looking for sources of project funding
  • Summary of Contract Administration
  • Letter of Award and Conditions of Contracts (FIDIC and other contracts)
  • Managing financial document and project cash flow
Day 2

Project Planning and Sources of Finance

  • Typical project planning issues
  • Conventional or turn-key projects
  • Looking for funding and legal restrictions
  • Investors and crowd funding
  • Loan repayment and protection
Day 3

Project Commencement and Monthly Progress Monitoring

  • Mobilization, advance payment and use plant on site
  • Monthly progress claims
  • Retention sum and when to release
  • Testing and commissioning period and high site exposure
Day 4

Insurance, Bond, and Other Financial Instruments

  • Requirements for Insurance and Bond in the contract
  • What is covered?
  • Insurance as a risk transfer mechanism
  • The connection between insurance and financial management
Day 5

The Big Picture and Best Practices in Financial Management for a Project

  • What are the key features – technical or financials?
  • Dealing with project completion and hand-over
  • Operational issues
  • Responsibilities during Defects Liability Period and beyond
  • Case studies
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

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Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email info@glomacs.sa . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at info@glomacs.sa

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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