This first book in the UMT Series of Project Management Principles and Practices is written for project professionals who need to strengthen their financial skills and gain insights quickly. It addresses the core financial principles and tools that today's project professionals should master if they want to run their projects in a business-like manner. It strives to provide managers with practical insights that are relevant to situations they face on their projects. It is filled with easy to understand numerical examples that illustrate how financial tools and techniques are employed in practice.

The book's chapters include:

• Introduction
• Project Prioritization
• Cost Estimating
• Cost Control
• Real Option Approach to Project Decision Making
• Conclusions.

J. Davidson Frame

Dr. Frame is Academic Dean of UMT, and one of the world's leading authorities on project management. He has written a number of books on risk management and technology management including: Managing Projects in Organizations, The New Project Management, Project Management Competence, Managing Risk in Organizations, and Project Finance: Tools and Techniques. Dr. Frame was Professor of Management Science at the George Washington University, where he served on the faculty from 1979-1998. In 1990-1996, he headed the certification program for the Project Management Institute (PMI). In 1997-1998, he was PMI's Director of Education Services. In 1999-2002, he served on PMI's Board of Directors.

Product Details

• Paperback: 96 pages; Dimensions (in inches): 0.30 x 8.58 x 5.46
• Publisher: UMT Press, 2003
• Price: $14.95

How to Obtain this Book

There are two ways to obtain this book:

1. Purchase a copy at UMT's secure Online Payment page.

2. Register for UMT's self-paced, online course, Project Finance and Budgeting. In addition to the textbook, you will receive:

• Course modules created by Dr. Frame
• Mentors Studio CD-ROM, Real Option Approach to Decision Making, featuring Dr. Frame
• Think and Review sections for each module
• Answers to the Think and Review sections
• Final exam
• Certificate of Completion.

If you successfully complete the course, you are eligible to earn 30 Professional Development Units (PDUs) from the Project Management Institute.