ACC201 Budgeting and Financing for Project Managers (8)

This subject will teach students about the ways in which projects are selected and managed from a financial perspective.  Students will learn how to evaluate different projects on the basis of their projected financial return and how to evaluate different sources of finance to fund the project.  Students will then learn how to apply budgeting principle(s) to the selected project and how to incorporate different budgeting techniques and processes into the overall management of the project.

No offerings have been identified for this subject in 2021.

Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject Information

Grading System



One session


School of Accounting and Finance

Enrolment Restrictions

Undergraduate students only

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to demonstrate knowledge of accounting budgeting techniques in the context of managing a project;
  • be able to apply budgeting processes to project management;
  • be able to evaluate different sources of finance and recommend a preffered option based on the projects characteristics; and
  • be able to evaluate the viability of competing project options using financial project evaluation techniques.


This subject will cover the following topics:
  • Time value of money
  • Project evaluation techniques including payback, internal rate of return and net present value
  • Budgeting processes including cost estimation
  • Budget management including cash management and accounting for contingencies
  • Budget adjustments including schedule and cost variance
  • Assessing tenders and supplier choice

The information contained in the CSU Handbook was accurate at the date of publication: May 2021. The University reserves the right to vary the information at any time without notice.