Project, investment and capex
appraisal - over the years shareholder value has been
consistently destroyed by poor investment or project
appraisal
Project Appraisal and Financial Management
course
Where should management effort be directed? In controlling
costs and ensuring proper engineering in live projects - yes,
but true cost control comes by understanding, eliminating and
minimising risk prior to a business committing funds. This
course studies the stages required for financial and business
appraisals of projects and capital expenditure. The aims of
this course are:
to impart the knowledge and skills required to ensure as
risk free as possible expenditure of that scarce resource
cash - investors', shareholders' or governments' money must
not be squandered.
to improve the quality of the appraisal process and the
understanding of projects from a financial perspective - to
demonstrate how the process of appraisal allied to being
financially aware can dramatically improve cost control and
deliver risk managed projects.
You will learn how to:
- understand your project - the business
drivers
- appreciate the economics of the project
- be in control of your projects from the start
- carry out sensitivity analysis - be able to
identify risk
- quantify risk and understand the use of risk
registers
- identify financial measures and understand earned
value
Who will benefit
Business development managers and directors
Project
engineers, managers and directors
Contract engineers and
managers
Plant and facilities managers
Financial
personnel wishing to enhance their practical knowledge of
project appraisal
Comments
The course material has been developed to meet the needs
of many successful companies by supporting their project
management improvement programmes. Spreadsheet and WP files
containing the checklists, process schedules and the various
demonstration models will be available along with a
comprehensive set of notes.
For mores details contact Ralph Tiffin