Code Date Venue Fees
PM069 18 - 22 Sep 2017 London - United Kingdom $5,500 Register
PM069 17 - 21 Sep 2018 London - United Kingdom $5,500 Register
Home » Seminars » Project Management » Project Appraisal: Financial and Economic Factors

Introduction

Making effective and sound investment decision is critical in a contemporary business environment. In a competitive economy, financial decisions play important roles in achieving organisations goals and contributing to the economic growth. Decision making process requires skills to effectively assess organisation’s capabilities and opportunities using various methods.

Nonetheless, choosing the appropriate technique in making financial decisions is challenging in today’s economic climate. The most comprehensive tools in assessing investment opportunities include: Net Present Values (NPV), Internal Rate of Returns (IRR), Payback rule and Option valuation.

GLOMACS offers an intensive training course aimed to equip delegates with modern tools and techniques.  Delegates will acquire skills to value investment opportunities and options to defer or expand the projects, source of funds, various techniques for risk measurements and effective cash flow managements.   

This training seminar will highlights:
  • The analysis of investment decisions using time-adjusted measures and real option techniques.
  • Acquire an understanding of the fundamentals of effective management of cash flow.
  • How to value the investments using a range of techniques.
  • Understanding short-term and long term funds available to firms.
  • The nature of financial statements and the key financial tools and techniques in the broader context of how and where they are applied for the assessment of business performance.

Objectives

  • Use different techniques to evaluate investment performance.
  • Improve management skills and increase their value to the organization.
  • Understand and use analytical tools and techniques using  real-world examples.
  • Make (and/or) contribute to strategic financial decisions and risk assessments.

Training Methodology

The training seminar will be conducted along workshop principles with formal lectures and interactive worked examples. Relevant cases will be used to illustrate the application of each tool in an operation environment. Each learning point will be re-enforced with practical exercises. The instructor will clearly explain and demonstrate how these techniques are applied using a real-life example. 

Organisational Impact

  • Participants will not only be able to analysis various business problems, but will also be able to evaluate various courses of action and make sound recommendations for action using the latest and flexible techniques.
  • The use of case studies and illustrations of real companies will help delegates understand how to apply different financial skills and analysis techniques in a work situation.
  • The knowledge gained can be shared amongst other departments of the company.
  • New skills will help to make more informed and hence better management decisions.

Personal Impact

  • You will be able to further your professional skills.
  • You will be able to make more informed and hence better financial decisions using various models and techniques.
  • Your increased financial and decision-making skills will increase your importance and ability to contribute effectively to your organization’s goals and the economic growth.
  • Develop your professional skills, powers of analysis, evaluation and decision-making.

Who Should Attend?

  • Managers and those with financial responsibilities.
  • Financial decision makers, whose techniques of decision making and analysis will be improved through attendance.
  • Professionals acting upon the financial decisions of others, who will gain an appreciation for decision making thereby ensuring shared values within the organisation,
  • Mangers involved in planning, risk assessments and decision making.

Seminar Outline

Day 1

Source of Finance                                          

  • Potential funding sources.
  • Capital markets in financing projects:
    • Long Term source of finance
    •  Short Term source of finance
  • Evaluation of the Types of Finance
  • Equity Finance
  • Debt Finance
  • The Cost of Weighted Average Cost of Capital (WACC)
  • Capital Asset Pricing Model (CAPM)
  • Different measures of risks.
  • Mini Case study

Day 2

Investment Decisions

  • The most appropriate valuation techniques for different economic sectors.
  • Applying time-adjusted measures.
  • Social cost-benefit analysis in project appraisal
    • Net present value (NPV), internal rate of return (IRR) and Pay back method.
  • Decision making using EVA and NPV.
  • Modified internal rate of return (MIRR).
  • Application of real option to project valuations.
  • Integration of financial, economic and social appraisals to investment decisions.
  • Impact of inflation on financial viability and risks.
  •  Foreign exchange risks.
  • Financial and economic analysis for selecting a high quality projects.
  • Sensitivity analysis, scenario analysis and simulation.
  • Mini case study

Day 3

Managing, Controlling and Modelling Cash flow

  • Development of Cash Flow Statement.
  • Cash versus Profit
  • The Cash Conversion Cycle
  • Calculating and Managing the Cash Flow Cycle
  • Cash Flow Ratios.
  • Working Capital.
  • The Cost of Maintaining Working Capital.
  • Maintaining the Optimum level of Working Capital
  • Working Investment Ratios.
  • Preparing a Monthly Cash Flow Forecast.
  • Mini Case study

Day 4

The Challenge of Financial Economic Decision-Making

  • The practice of financial/economic analysis
  • The value-creating company
  • Corporate value and shareholder value
  • A dynamic perspective of business
  • The agency problem and corporate governance.
  • What information and data to use?
  • The nature of financial statements.
  • The context of financial analysis and decision-making

Day 5

Revisit the key concepts in decision making

  • Course Summary and Checklists
  • Cash Budgets & Capital Budgets reviewed.
  • Financial Skills and Further Development.
  • Open Forum
  • Course Review

 

Accreditation

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Project Appraisal: Financial and Economic Factors


Upcoming Dates

Code Date Venue Fees
PM069 18 - 22 Sep 2017 London - United Kingdom $5,500
PM069 17 - 21 Sep 2018 London - United Kingdom $5,500

Project Management Institute (PMI)® has reviewed and approved GLOMACS as a Global Provider of project management training. This is a PMI® Approved/Registered training seminar and hence attendance to this training course will enable those credentialed with PMI® to receive applicable PDUs upon updating their status with PMI®.

REP logo, PMI & PMP are registered trademarks of Project Management Institute, Inc.

Introduction

Making effective and sound investment decision is critical in a contemporary business environment. In a competitive economy, financial decisions play important roles in achieving organisations goals and contributing to the economic growth. Decision making process requires skills to effectively assess organisation’s capabilities and opportunities using various methods.

Nonetheless, choosing the appropriate technique in making financial decisions is challenging in today’s economic climate. The most comprehensive tools in assessing investment opportunities include: Net Present Values (NPV), Internal Rate of Returns (IRR), Payback rule and Option valuation.

GLOMACS offers an intensive training course aimed to equip delegates with modern tools and techniques.  Delegates will acquire skills to value investment opportunities and options to defer or expand the projects, source of funds, various techniques for risk measurements and effective cash flow managements.   

This training seminar will highlights:
  • The analysis of investment decisions using time-adjusted measures and real option techniques.
  • Acquire an understanding of the fundamentals of effective management of cash flow.
  • How to value the investments using a range of techniques.
  • Understanding short-term and long term funds available to firms.
  • The nature of financial statements and the key financial tools and techniques in the broader context of how and where they are applied for the assessment of business performance.

Objectives

  • Use different techniques to evaluate investment performance.
  • Improve management skills and increase their value to the organization.
  • Understand and use analytical tools and techniques using  real-world examples.
  • Make (and/or) contribute to strategic financial decisions and risk assessments.

Training Methodology

The training seminar will be conducted along workshop principles with formal lectures and interactive worked examples. Relevant cases will be used to illustrate the application of each tool in an operation environment. Each learning point will be re-enforced with practical exercises. The instructor will clearly explain and demonstrate how these techniques are applied using a real-life example. 

Organisational Impact

  • Participants will not only be able to analysis various business problems, but will also be able to evaluate various courses of action and make sound recommendations for action using the latest and flexible techniques.
  • The use of case studies and illustrations of real companies will help delegates understand how to apply different financial skills and analysis techniques in a work situation.
  • The knowledge gained can be shared amongst other departments of the company.
  • New skills will help to make more informed and hence better management decisions.

Personal Impact

  • You will be able to further your professional skills.
  • You will be able to make more informed and hence better financial decisions using various models and techniques.
  • Your increased financial and decision-making skills will increase your importance and ability to contribute effectively to your organization’s goals and the economic growth.
  • Develop your professional skills, powers of analysis, evaluation and decision-making.

Who Should Attend?

  • Managers and those with financial responsibilities.
  • Financial decision makers, whose techniques of decision making and analysis will be improved through attendance.
  • Professionals acting upon the financial decisions of others, who will gain an appreciation for decision making thereby ensuring shared values within the organisation,
  • Mangers involved in planning, risk assessments and decision making.

SEMINAR OUTLINE

Day 1

Source of Finance                                          

  • Potential funding sources.
  • Capital markets in financing projects:
    • Long Term source of finance
    •  Short Term source of finance
  • Evaluation of the Types of Finance
  • Equity Finance
  • Debt Finance
  • The Cost of Weighted Average Cost of Capital (WACC)
  • Capital Asset Pricing Model (CAPM)
  • Different measures of risks.
  • Mini Case study

Day 2

Investment Decisions

  • The most appropriate valuation techniques for different economic sectors.
  • Applying time-adjusted measures.
  • Social cost-benefit analysis in project appraisal
    • Net present value (NPV), internal rate of return (IRR) and Pay back method.
  • Decision making using EVA and NPV.
  • Modified internal rate of return (MIRR).
  • Application of real option to project valuations.
  • Integration of financial, economic and social appraisals to investment decisions.
  • Impact of inflation on financial viability and risks.
  •  Foreign exchange risks.
  • Financial and economic analysis for selecting a high quality projects.
  • Sensitivity analysis, scenario analysis and simulation.
  • Mini case study

Day 3

Managing, Controlling and Modelling Cash flow

  • Development of Cash Flow Statement.
  • Cash versus Profit
  • The Cash Conversion Cycle
  • Calculating and Managing the Cash Flow Cycle
  • Cash Flow Ratios.
  • Working Capital.
  • The Cost of Maintaining Working Capital.
  • Maintaining the Optimum level of Working Capital
  • Working Investment Ratios.
  • Preparing a Monthly Cash Flow Forecast.
  • Mini Case study

Day 4

The Challenge of Financial Economic Decision-Making

  • The practice of financial/economic analysis
  • The value-creating company
  • Corporate value and shareholder value
  • A dynamic perspective of business
  • The agency problem and corporate governance.
  • What information and data to use?
  • The nature of financial statements.
  • The context of financial analysis and decision-making

Day 5

Revisit the key concepts in decision making

  • Course Summary and Checklists
  • Cash Budgets & Capital Budgets reviewed.
  • Financial Skills and Further Development.
  • Open Forum
  • Course Review

 


Quality Logo

GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

 

All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.

Quality Logo

GLOMACS is proud to be an approved Registered Education Provider (R.E.P.) with PMI®. As an R.E.P. GLOMACS is qualified to issue applicable Professional Development Units (PDUs) to participants of any of its PMI® registered/approved seminars where one (1) PDU is equivalent to one (1) contact hour of training.

REP logo, PMI & PMP are registered trademarks of Project Management Institute, Inc.



© 2017. Material published by GLOMACS shown here is copyrighted.
All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

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Tel : +971 - 04 - 425 0700, Fax : +971 (04) 425 0701, Email : info@glomacs.ae

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