Innovate or die! Nokia and Kodak are both recent examples of once great companies that failed to heed this dire warning. New technologies are at the core of disruptive business models and the company’s ability to innovate critically depends on its ability to bring forward, evaluate and develop new processes and technologies. This has put unprecedented demands on engineers, project and technical managers to not just understand the principles of project finance but also to be able to communicate and apply them effectively.
This hands-on project finance training course will focus on practical financial skills directly relevant for understanding, planning and presenting persuasive project evaluations for investment decision-making.
What are the goals?
By attending this Coventry Academy training course, delegates will be able to:
Analyse and Interpret Company Financial Statements
Understand Cost Behaviour and Common Costing Approaches
Select and Implement Appropriate Cost Estimation Techniques
Use Effective Tools to Produce Reliable Cash Flow Forecasts
Build Powerful Investment Appraisal Models Using Excel
Prepare and Present Capital Investment Appraisals
Who is this training course for?
This Coventry Academy training course is suitable to a wide range of professionals, but will greatly benefit:
Project Managers
Technical Team Members
Engineering Professionals
Investment Department Staff
Cost and Management Accountants
Planning Team Members
Procurement and Supply Chain Professionals
Course Outline
Day One: Business Finance Fundamentals
Competitive and finance strategy fundamentals
Business models and their disruption
The context for project and capital investment
Financial statements - function and structure
Measuring financial performance and strength
The vital difference between profit and cash flow
Day Two: Financial Analysis and Interpretation
A systematic approach to financial analysis
Analysing and improving financial performance
Analysing and improving asset management efficiency
Analysing and interpreting capital structure and risk
An investor’s perspective on financial appraisal
Key cash flow ratios
Day Three: Mastering Pricing, Costs and Profit
Understanding cost behaviour
Analysing the cost-volume-profit relationship
Mastering the principles of gross margin and break-even
Cost classification and costing concepts
A strategic approach to cost reduction
Evaluating cost and value approaches to pricing
Building an Excel pricing model
Day Four: Forecasting Methods for Investment Projects
Forecasting fundamentals
Using Excel statistical analysis tools
Revenue forecasts: time series analysis techniques
Qualities of a good project cost estimate
Common approaches to project cost estimation
Identifying relevant project cash flows
Principles and best practice in Excel financial modelling
Day Five: Preparing and Presenting Investment Appraisals
Sources and cost of business funding
Funding strategy and optimal capital structure
The bank’s perspective on project finance
Principles of capital investment decision-making
Mastering discounted cash flow (DCF) analysis
Building an Excel investment appraisal model
Preparing and presenting an investment project appraisal
The certificate
Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course