This course will provide participants with the skills and knowledge to understand and be equipped to appraise the financial viability of projects by analysing future cash flows against capital and operational costs on a time value basis. Participants will learn how to calculate net present value (NPV) resulting from proposed investments, analyse projects and prioritise capital spend according to projected returns on investment.
The course aims to provide participants with available options for financing projects whether loan capital, equity capital or other finance vehicles such as design build, finance and operate schemes. Having learned how to finance projects, participants will then be guided in acquiring knowledge to protect their investment through robust risk management tools; participants will learn how to protect commodity prices for oil, gas and electricity. With the emergence of carbon as a trading commodity this course will include an introduction to carbon finance and international carbon trading. Participants will look at the principles of Kyoto Protocol and how Clean Development Mechanism (CDM) and Joint Implementation (JI) projects are financed.
Participants will also learn how to manage non-financial risk for example legislation, health, safety and stakeholders including shareholder interests. Although non-financial, these risks, if not managed properly, will impact on project finances in an adverse way.