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Monthly Archives: March 2019

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Workshop on Introduction to Banking in Ho Chi Minh City, Vietnam

Program Information

Banking sector is fast evolving and witnessing a transformational change. Banks are the backbone of all activities because in every transaction where money is involved, the bank is the main character. This banking course will give you a strong overview of basic banking practices and how international banking works. It covers interesting and necessary topics such as the functions of a bank, bank models, and theories of credit creation. These days, modern banks operate globally and hold offices in key financial centers. These institutions have the power to influence economies around the world, as seen during the recent financial crisis. Understanding how this power operates is very useful information in the modern day.

Program Objectives

By the end of this program, the participants will have a comprehensive understanding of:

  • Bank models, banking risks, functions, monetary policy and supervisory regulation and their impact on the banking sector
  • Functions of Central Banks, their tools, instruments and importance
  • Causes of Banking and Financial Crisis
  • The main components of banks’ balance sheet and income statements, off-balance sheet activity and how to analyze bank performance and other issues using traditional ratio analysis.
  • How to analyze and discuss the structural and performance features of banking systems.

Program Attendees

This program is an ideal suite for:

  • Professionals in the Banking Sector and other financial organizations
  • Financial Regulators
  • Anyone who is interested to gain a thorough understanding of Banking Industry

Program Outline

  • Fundamentals of Banking, Bank activities & Services
  • Types of Banking
  • The role of Central Bank, Its Functions & Execution
  • How Central Banks operate in Practice
  • Bank Regulation & Supervision
  • Determinants of Bank Failure & Crisis
  • Bank Balance Sheet, Income Statement and Financial Management
  • Bank Financial Statement Analysis
  • Risks in Banking & Their Management
  • Practical Examples of Banking in Advanced Countries and Emerging Markets
  • Bank Competition and Financial Stability

Program Methodology

This program will be conducted along workshop principles to ensure the development of transferable skills and knowledge using formal presentations, numerous worked examples, and real-world scenarios. Discussion of current issues, policies and procedures, together with interactive team case studies and exercises will ensure to reinforce the application of each of the learning points and topics covered.

Registration Information

Program Dates: 26 – 30 April 2019

Registration Closes on: 05 April 2019

Program Fee: $3650

Fee Covers:

Register Online  

Online Payment via PayPal

Get in touch for assistance & questions

Email: trainings@risalatconsultants.com or risalatconsultants@gmail.com
Skype: risalatconsultantsint
Call/Viber/WhatsApp: +995 555 11 66 22 or +995 555 71 33 11

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Financial Management & Disbursement for World Bank Projects Workshop in Dubai, UAE

Program Overview

Financial Management is one of the major aspects of any commercial activity. The process of financial management refers to the strategic planning, organizing, directing, and controlling of financial undertakings in an organization or an institute. Timely and precise financial data are indispensable for effective decision-making, as well as for corrective action by project management staff, to enhance the prospects of timely completion of deliverables within the planned project budget and scope. This short-term intensive training course will focus on the financial management of World Bank Funded Projects and provide the full in depth information regarding the World Bank documentation requirements, Financial Management Cycle, Planning, Budgeting & Reporting.

Target Audience

The course is an ideal suite for all professionals involved in the mid and top tier management level of World Bank funded projects. Including: Financial Managers and analysts, Finance officers and examiners, Project Management Staff, Budget Planners & Analysts, etc. In addition, the program will prove beneficial for those finance and accounting professionals and project management specialists, who are willing to work on World Bank Funded projects in the near future.

Program Objectives

Upon the successful completion of this course, the attendees will have a deep understanding of every major aspect following the projects funded by World Bank Group. The delegates will be able to participate and fully comply with the donor requirements per se. The knowledge acquired will cover the following major areas:

  • Financial Management Guidelines for World Bank Funded Projects
  • Documentation Requirements for the Donor
  • Planning, Budgeting and Reporting for World Bank Funded Projects
  • Audit Process of World Bank Funded Projects
  • The responsibilities of the borrower and the donor
  • Legal Aspects in World Bank Funded Projects
  • The Funding Structure and Strategies for World Bank Projects.

Program Contents

  • World bank Project cycle and Project documentation
  • World bank project financial Management Guidelines and borrower responsibilities
  • Project Interim Financial Reporting and its Cycle
  • Internal control
  • Planning and budgeting
  • Project Accounting system
  • IFRS and its characteristics
  • Annual Financial reporting
  • Internal Audit control & Arrangements
  • Skills on project Financial Management system
  • Disbursement policies and procedures statement of Expenditure
  • IFRS- Based disbursement
  • Legal issues during loan duration
  • Inventory, depreciation, capitalized interest
  • Minority interests and consolidation
  • Exceptional and material items
  • A detailed review of the balance sheet including the explanation of all significant accounting terminology
  • Understanding the fixed assets note
  • Accounting goodwill – what is it?
  • Liabilities, pension fund accounting
  • Debt and other liabilities like debt
  • Deferred tax, contingent liabilities
  • Overview of the International Accounting Standards Board
  • The implications of the IAS Initiative
  • Review of new standards produced in the last five years
  • Present and future values
  • Perpetuities and annuities
  • Introduction to project analysis
  • Identifying the key risk areas
  • The essential aspects of the management task
  • The issue of spreadsheet risk
  • Overview of the forecasting process.

Program Methodology

The program methodology uses the mix of modern interactive learning techniques which include but are not limited to: presentations, group and individual exercises, practical tasks and assignments, field visits and case studies. The trainer will encourage the maximum involvement of the attendees in order to enhance the results and successful practical appliance of the material covered.

Registration Information

Program Dates: 25 – 28 November 2019

Registration Deadline: 30 September 2019

Venue: Best Western Plus Pearl Creek

Program Fee: $2750

Fee Covers: 

Register Online  

Online Payment via PayPal

Get in touch for assistance & questions

Email: trainings@risalatconsultants.com or risalatconsultants@gmail.com
Skype: risalatconsultantsint
Call/Viber/WhatsApp: +995 555 11 66 22 or +995 555 71 33 11

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International Procurement Management Conference in Male, Maldives

Dear Clients, Organizations and Procurement Professionals

Procurement of equipment/supplies, works and related services for development projects involves substantial investments which are often funded through loans or credits provided by International Financial Institutions (IFI).

In many cases, increased costs and delays in project implementation can be attributed to lack of familiarity with the procurement procedures of the funding agencies combined with an inadequate command of the essential day-to-day “business skills” needed to manage international procurement operations.

Considering this fact and with believe in bringing continuous solutions to our clients and partners, Risalat Consultants International FZE is pleased to introduce Collaborating Events where procurement officials will gather from around the world to discuss, measure effectiveness, harmonize and enhance their procurement skills gaining new knowledge of international procurement practices from the leaders in the field such as IFIs (like The World Bank, Asian Development Bank, European Bank for Construction & Development, etc) or International Development Agencies like The UN, USAID, UKAID, AUSAID etc. In addition to procurement professionals joining the event, Risalat will also invite a group of Procurement experts from the academia who will lead discussion forums and shed light on different aspects of the procurement practices and the standards that should be in place.

Learning materials and other supporting resources are to be provided to delegates. The event is designed to be mostly practical as opposed to traditional theory based training programs, and delegates will participate in actual project scenarios utilizing their analysis and decision-making skills for reaching plausible solutions.

Complete details of the program features will be shared with the registering delegates.

Event Activity Areas
  • Introduction
  • The Role of Procurement in the Organization
  • World Bank’s Procurement Policy
  • Developing Supplier Relationships
  • Reviewing Supplier Performance
  • Managing the Tender Processes
  • Negotiating Contract with Suppliers
  • Understanding the needs of the users of Procurement
  • Realizing The Supplier Base
  • IT Systems in Procurement
  • Detecting Fraud in Contracts
  • Training Needs of Procurement Personnel
Getting to the Event

Event Dates: 24-26 September 2019

Register Before: 30 June 2019

Participation Fee: $2950

Fee Covers:

Online Payment via PayPal

Get in touch for assistance & questions

Email: trainings@risalatconsultants.com or risalatconsultants@gmail.com
Skype: risalatconsultantsint
Call/Viber/WhatsApp: +995 555 11 66 22 or +995 555 71 33 11

Socialize with Risalat

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Effective Contract Management Workshop in Manama, Bahrain

Program Structure

World-Class organizations understand well the benefits of lower total cost and higher productivity resulting from mastering best practices in the important phases of project and contract management. With a focus on the best practices for processes, methods, and techniques, this program will make a great contribution to the skill sets of those involved in contracts.

Program Objectives

This seminar provides both strategic and practical insights into:

  • Preparing and administration of the contract
  • Critical contractor selection & contractor negotiations
  • Identifying and analyzing project and contract risk
  • Selecting and leading contract teams
  • Setting and Measuring Contractor Performance goals
  • Learning about contract types and how they transfer risk
  • Understanding important aspects of contractor price and cost analysis

Target Competencies

Core Concepts covered in this program are:

Good Contracting and Procurement Practice  

  • Elements of a Good Contracting and Procurement Process

Risks and Financial Management

  • Assessing risk
  • Cost and Pricing
  • Cost Analysis
  • Allocating Overheads
  • What is a Fair Profit

Risks and Financial Management (Cont.)

  • Developing “Should Cost”
  • Pricing Models
  • Risk Assessment
  • Managing the Risks

Contract Types and Payments  

  • Contract Risk Sharing Continuum
  • Types and Guidelines for progress payments
  • Implications of Contract Types

Contract Types and Payments (Cont.)

  • Fixed Price and Cost-Reimbursement Contracts
  • Economic Price Adjustment Clauses
  • Understanding and Using Producing Price Indexes
  • Invoices and Payments
  • Parties to Letter of Credit

Source Selection and Contract Development  

  • Processes for Source Qualification
  • Developing Prequalification and Tendering Criteria and Applying Standards for Final Selection
  • Rules for Drafting the Contract
  • Terms & Conditions

Source Selection and Contract Development (Cont)

  • Forming the Contract
  • Essential Elements
  • Use of Performance-Based Contracting

Contract Negotiations

  • Role of Negotiation
  • Characteristics of a Good Negotiator
  • Negotiation Nuggets

Contract Administration and Close Out

  • The Critical Integration or Entire Agreement Clause
  • Post Award Functions – Overview and Responsibilities

Contract Administration and Close Out (Cont.)

  • Contract Administration Duties
  • Contract Modifications
  • Scope of Work Variations
  • Rules of Contract Interpretation
  • Contract Disputes
  • Termination
  • Contract Close-Out

Program Methodology

The methodology used is designed to encourage maximum participation by all delegates. The presenter will suggest ideas and theories to the delegates and then encourage them to test out the ideas by the use of discussion, small group work, exercises and feedback. Each day of the seminar will end by delegates completing their own record of what has been learned on the day and considering how the ideas might be transferred back to the workplace.

Registration Information

Program Dates: 18-22 May 2019

Registration Closes on: 10 April 2019

Program Fee: $2450

Fee Covers:

Register Online  

Online Payment via PayPal

Get in touch for assistance & questions

Email: trainings@risalatconsultants.com or risalatconsultants@gmail.com
Skype: risalatconsultantsint
Call/Viber/WhatsApp: +995 555 11 66 22 or +995 555 71 33 11

Socialize with Risalat

LinkedIn | TwitterFacebook

Effective Communication Skills Workshop in Male, Maldives

Program Overview

Communication is the heart of every organization, as any transaction within the entity results from communication.  Effective communication skills allow us to understand and process the information more precisely, accurately and within a shorter time span. These skills have gained greater importance in today’s world, as the organizations have become more complex and diverse involving the individuals and teams of various backgrounds. In contemporary business market, if one does not possess advanced Communication skills, his failure will not be only an undelivered message, rather it will translate into devised plans, troubled peers, dissatisfied clients and eventually not achieved organizational goals.

This extensive program will enable you to form and exceptionally constructive communication system within and outside the organization. Practical Exercises, Interactive Discussions and Group Activities will support and enhance your knowledge base regarding important considerations in the communication process and suggest the best possible manner for communicating only what is intended.

Target Audience

The program will be beneficial for any professional from any given field who wishes to develop his/her communication and interpersonal skills or build the rapport with coworkers and increase the daily productivity.

Program Objectives

Upon the successful completion of this intensive training course, the participants will be able to:

  • Identify the essential components of the communication process
  • Use communication for accomplishing professional objectives
  • Apply relevant techniques and methods for establishing effective oral communications
  • Master different forms of written communication – letters, reports, memos etc.
  • Use Essential etiquette while communicating through email
  • Develop effective resumes and cover letters
  • Perform Impressively on Interviews.

Program Contents

  • Foundations and Components of Communication
  • The importance of Effective Communication skills
  • 7Cs of Effective Communication
  • Barriers to Communication
  • Methods for Overcoming Communication Barriers
  • Preparing, Matching & Delivering Message
  • Uncovering the right information
  • Importance of Active Listening
  • Attitude, Perception and Culture in Communication
  • One Way vs Two Way Communication
  • Types of Communication Methods and Their effectiveness
  • Communication Styles
  • Non Verbal Communication: Voice Tone, First Impressions, Body Language and Active Listening
  • Public Speaking and Oral Reporting
  • Written Communication
  • Constructing Clear Sentences and Paragraphs
  • Giving and Receiving Feedback
  • Constructive Feedback
  • Feedback Model: Situation – Behavior – Impact
  • Types of Personalities
  • Types of Assertion
  • Dealing with Aggression
  • Defining Challenging Conversations
  • Creating right environment for challenging conversations
  • Positioning and Delivering Difficult Conversations and Messages
  • Resolving Conflicts
  • Action Planning
  • Writing Reports
  • Writing an Effective Cover Letter and Resume
  • Writing Emails
  • The Interview Process
  • Successful Business and Group Meetings
  • Technology Enabled Communication.

Program Methodology

This program is a short-term extensive training course & exposure providing a well-balanced mix of theory and practice. Open presentation will be supported by group exercises, role play, video demonstrations and situational examples. In order to enhance the participants’ understanding and satisfaction, the presenter will request for feedback after each and every session and consider the comments provided in order to improve the delivery of coming topics and course-end consolidation.

Registration Information

Program Dates: 09 – 13 December 2019

Registration Closes on: 31 October 2019

Venue: Unima Grand Hotel

Program Fee: $2950

Fee Covers:

Register Online  

Online Payment via PayPal

Get in touch for assistance & questions

Email: trainings@risalatconsultants.com or risalatconsultants@gmail.com
Skype: risalatconsultantsint
Call/Viber/WhatsApp: +995 555 11 66 22 or +995 555 71 33 11

Socialize with Risalat

LinkedIn | TwitterFacebook

Procurement, Contract Management & Effective Negotiation Workshop in Sofia, Bulgaria

Program Overview

Procurement is an essential strategic function that enables the organization to improve its profitability through streamlining business processes, reducing material costs and identifying the most relevant sources of supply. Both for private and public sector, procurement plays a crucial role in maximizing the value for money when committing the certain expenditure. Deployment of Effective Procurement strategy relies significantly on long-term supplier relationships, contracting practices and constructive negotiation skills. All of these functions as a bundle can determine overall organizational cost effectiveness and seamless operational process.

Throughout the course of this extensive training program, its attendees will learn how to manage effectively the entire procurement and contracts management lifecycle and master essential negotiation skills while handling the suppliers and vendors. Every step of the process will be covered in depth starting from selecting the most appropriate supplier all the way to establishing service level agreements.

Target Audience

The program is the best suite for:

  • Junior, Senior and Mid-Level Supply Chain Managers and Executives
  • Manufacturing Managers
  • Marketing and Customer Service Managers
  • Procurement Managers and Officers
  • Vendor and Product Evaluation Managers
  • Purchasing Managers and Specialists
  • Sourcing Professionals
  • Contract Specialists
  • Anyone involved in Procurement and Contract Management Processes.

Program Objectives

Upon the successful completion of this intensive training course, the participants will be able to:

  • Understand the complexities of Procurement and Contract Management
  • Set up and Manage the Procurement System Effectively
  • Select Suppliers based on strict criteria and establish long-term relationships
  • Determine ways to boost the efficiency of Existing Procurement Practices
  • Use IT Systems to evaluate supplier performance
  • Work Across various functions to improve all aspects of procurement service to the customers
  • Apply constructive contracting practices and Perform fruitful Negotiations
  • Influence the Organizational Effectiveness through decreasing operating costs and enhancing productivity.

Program Contents

Good Contracting and Procurement Practice

  • Elements of a Good Contracting and Procurement Process
  • The role of procurement in the organization
  • Developing supplier relationships & Performance
  • Managing the tendering process
  • Understanding the needs of the users of procurement services
  • Rationalizing the supplier base
  • IT systems in procurement
  • Training needs of procurement personnel.

Risks and Financial Management

  • Assessing risk
  • Cost and Pricing
  • Cost Analysis
  • Allocating Overheads
  • What is a Fair Profit?
  • Developing “Should Cost”
  • Pricing Models
  • Risk Assessment
  • Managing the Risks
  • Detecting fraud.

Contract Types and Payments

  • Contract Risk Sharing Continuum
  • Types and Guidelines for progress payments
  • Implications of Contract Types
  • Fixed Price and Cost-Reimbursement Contracts
  • Economic Price Adjustment Clauses
  • Understanding and Using Producing Price Indexes
  • Invoices and Payments
  • Parties to Letter of Credit.

Source Selection and Contract Development

  • Processes for Source Qualification
  • Developing Prequalification and Tendering Criteria and Applying Standards for Final Selection
  • Rules for drafting the Contract
  • Terms & Conditions
  • Forming the Contract
  • Contract documentation
  • Essential Elements
  • Use of Performance-Based Contracting.

Contract Negotiations

  • Role of Negotiation
  • Characteristics of a Good Negotiator
  • Negotiation Nuggets
  • Negotiating contract with suppliers.

Contract Administration and Close Out

  • The Critical Integration or Entire Agreement Clause
  • Post Award Functions – Overview and Responsibilities
  • Contract Administration Duties
  • Contract Modifications
  • Scope of Work Variations
  • Rules of Contract Interpretation
  • Contract Disputes
  • Termination
  • Contract Close-Out.

Program Methodology

The sessions will be conducted using contemporary training tools and techniques. In order to enhance the participant understanding and encourage the instant practical appliance of material covered, the presenter will focus on numerous pragmatic exercises, scenario imitations, video demonstrations, open discussions, case studies and topic relevant exposure tours. Each day will be finalized with attendee feedback in order to improve the performance of the coming sessions and support the unique requirements of each delegate.

Registration Information

Program Dates: 02 – 07 December 2019

Registration Closes on: 31 October 2019

Venue: Ramada By Wyndham Sofia

Program Fee: $2950

Fee Covers:

Register Online  

Online Payment via PayPal

Get in touch for assistance & questionsEmail: trainings@risalatconsultants.com or risalatconsultants@gmail.com
Skype: risalatconsultantsint
Call/Viber/WhatsApp: +995 555 11 66 22 or +995 555 71 33 11

Socialize with Risalat

LinkedIn | TwitterFacebook

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