Course Description
Join us for an intensive exploration of Advanced Economic Evaluation and Sensitivity Analysis. This specialised course offers a deep dive into essential techniques for evaluating project viability and managing risk. Participants will master sophisticated economic evaluation methods such as Net Present Value (NPV), Internal Rate of Return (IRR), and Sensitivity Analysis. Through hands-on exercises and case studies, learners will develop the expertise to assess project resilience to uncertainties and make informed investment decisions in dynamic environments. Elevate your analytical skills and strategic decision-making capabilities with this focused and practical course.
Learning Objectives
The key learning objectives for this course are the following:
Develop Proficiency in Financial Modelling using Excel: In this course, participants will develop proficiency in creating comprehensive financial models in Excel to analyse production projects. Through hands-on exercises and practical examples, learners will gain the skills needed to build dynamic models that incorporate cash flows, revenues, and costs associated with establishing or expanding production facilities.
Master Economic Evaluation Techniques for Production Projects: Participants will master economic evaluation techniques such as Net Present Value (NPV), Internal Rate of Return (IRR), Return on Investment (ROI), Minimum Selling Price (MSP) and Payback Period (PP) for assessing the financial viability of production projects. By applying these techniques to real-world scenarios, learners will understand how to calculate and interpret NPV and IRR to make informed investment decisions.
Master Economic Evaluation Models: Master economic evaluation models such as Net Present Value (NPV), Internal Rate of Return (IRR), and Payback Period to assess the financial viability and attractiveness of investment opportunities. Understand how to interpret and apply these models to make informed decisions regarding project selection and resource allocation.
Conduct Sensitivity Analysis to Assess Project Resilience: Participants will learn to conduct sensitivity analysis to evaluate the impact of key variables on project outcomes and identify potential risks. Through hands-on exercises and case studies, learners will develop the skills needed to assess a project's sensitivity to changes in market conditions, input prices, and other variables.
Optimise Financial Performance through Scenario Analysis: Participants will explore scenario analysis as a tool to evaluate different investment scenarios and optimise financial performance. By developing multiple scenarios and assessing their implications, learners will gain insights into the potential outcomes of various investment options.
Communicate Financial Analysis Results Effectively: Participants will develop the ability to communicate financial analysis results effectively to stakeholders through clear and concise reports and presentations. By summarising key findings, assumptions, and recommendations, learners will learn to convey complex financial information in a manner that is accessible and actionable for decision-makers.
Course Schedule
Lesson 1: Introduction to Techno-Economic Analysis and Financial Modelling
2 Hours | 23 March 2024 | 11:00 - 13:00 (GMT+1)
In this introductory lesson, participants will be introduced to the fundamentals of Techno-Economic Analysis (TEA) and financial modelling for production projects. They will learn the basic concepts and principles of TEA, including the integration of technical and economic factors in project evaluation. Additionally, participants will delve into the essentials of financial modelling using Excel, covering topics such as cash flow forecasting, revenue projection, and cost estimation. By the end of this lesson, learners will have a solid understanding of TEA principles and the foundational skills to develop financial models for production ventures.
Lesson 2: Running Financial Models and Analysing Scenarios
2 Hours | 24 March 2024 | 11:00 - 13:00 (GMT+1)
In the second lesson, participants will focus on running financial models and analysing scenarios to assess project feasibility and risk. They will learn how to implement financial models developed in Excel, inputting relevant data and running simulations to generate outputs. Moreover, participants will explore sensitivity analysis techniques to evaluate the impact of changing input variables on project outcomes. Additionally, they will learn how to conduct scenario analysis by developing and analysing multiple plausible future scenarios based on different sets of assumptions. By the end of this lesson, learners will be proficient in running financial models, conducting sensitivity and scenario analyses, and making informed decisions to optimise financial performance in production ventures.
Humzaa Imtiaz Ullah
Course Instructor
Chemical Engineer
Meet Humzaa Imtiaz, a distinguished Chemical Engineer with a passion for both academia and industry. Humzaa holds a BSc and MSc in Chemical Engineering from the Technical University of Denmark, specialising in Process Engineering and complementing it with a minor in Energy and Environmental Engineering. Beyond academia, Humzaa’s expertise extends to the realm of research, where he has authored and co-authored publications focusing on process design and engineering. With a commitment to excellence, Humzaa has empowered countless learners to achieve their goals. Through his engaging teaching style and hands-on approach, he creates an interactive learning environment where students can flourish. His dedication to fostering a collaborative atmosphere ensures that every participant feels supported and motivated to excel. With extensive industrial experience spanning roles as diverse as Analyst, Research Assistant, Supplier Quality Engineer, Project Manager, and QMS Engineer in sectors including cement, IT, and pharma, XYZ brings a wealth of practical knowledge to the table. Join this course and unlock your potential alongside a seasoned expert committed to your success.
Any Questions?
Are you unsure whether this couse covers what you are looking for? Or you have any other question? Then feel free to get in touch with our team at info@chemengglife.com and we will be more than happy to assist in anyway we can! :)