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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

Financial planning and management play a critical role in the success of construction projects, yet they are often overlooked during project mobilisation and execution. This course enables professionals to understand the financial features of construction projects, including planning, sourcing funds, cash-flow management, and contract-related financial obligations. Participants will gain insight into financial risks, funding strategies, and how financial decisions impact project continuity and outcomes. The Construction Financial Management training course equips delegates with the financial acumen to improve project performance and minimise risks associated with inadequate financial oversight.

Across five days, participants will explore practical frameworks for managing the funding stages of a project, analysing subcontractor progress claims, handling variation orders and understanding insurance and bond requirements that protect financial exposure. The course emphasises best practices that lead to more effective financial control and stronger project delivery outcomes. The Construction Financial Management training course supports professionals in developing foundational financial management skills essential for successful project planning and implementation.

Skills & Competencies

From this Construction Financial Management training course, participants will develop the following key skills and competencies:

  • Financial planning and control
  • Funding strategy development
  • Cash-flow and risk analysis
  • Subcontractor financial evaluation
  • Insurance and bond application
  • Contract financial interpretation

Key Learning Outcomes

At the end of Construction Financial Management training course, you will learn to:

  • Understand the basic principles of project planning and implementation.
  • Learn how to source finance for project development.
  • Analyse subcontractor work and manage progress claims.
  • Apply best practices for variation order and cash-flow management.
  • Determine use of insurance and bonds to secure financial exposure.

How You Will Learn

This training course uses structured exploration of financial management concepts specific to construction projects. Participants will examine planning, funding, cash-flow control, and contract financial mechanisms through practical frameworks and examples drawn from real scenarios. Emphasis is placed on applying these concepts to improve financial decision-making and risk mitigation in construction operations.

Who should Attend?

This training course is designed for construction and project professionals involved in financial, planning or management aspects of construction projects.

This Construction Financial Management training course is suitable to a wide range of professionals but will greatly benefit:

  • Project engineers
  • Quantity surveyors
  • Project managers
  • Contractors and subcontractors
  • Construction consultants and legal professionals
Course Outline
Day 1

An Overview of Construction Projects and Financial Requirements

This day introduces the context of financial management in construction and explains how financial planning influences project success. Participants explore funding sources, contract documents, and cash-flow considerations central to project financials. The topics covered will include:   

  • 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

This day focuses on project planning issues and funding mechanisms. Participants will learn about different financing options and legal considerations affecting funding. The topics covered will include:   

  • 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

This day emphasises financial handling during project mobilisation and monitoring. Participants explore monthly progress claims, retention sums, and key exposure periods. The topics covered will include:   

  • 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

This day covers financial instruments including insurance and bonds used to protect projects from financial risk. Participants examine coverage, mechanisms and integration with financial planning. The topics covered will include:   

  • 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

This day focuses on best practices for project closure, operational issues, defect liability, and financial responsibility over the lifecycle. Participants explore holistic approaches to financial management. The topics covered will include:  

  • 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

Customisation & In-House Delivery

Delivering this training course in-house enables organisations to focus specifically on their internal financial management practices and challenges. Customisation supports leaders and project teams in aligning financial planning with organisational goals, contracts, compliance requirements, and risk tolerance strategies unique to their operational context.

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.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this Construction Financial Management training course:

  • Enhanced financial planning and project resilience
  • Improved quality of financial decision-making
  • Stronger risk mitigation through contract financial tools
  • More effective management of funding and cash flow
  • Greater confidence in managing subcontractor claims
  • Increased capability to safeguard financial exposure
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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 [email protected] . 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 [email protected]

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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