Projects can fail or succeed based on cash flow. Yet many chemical engineers don’t truly understand cash flow or its role in project evaluation. In this course, you’ll learn the principles of cash flow, ways to assess its value based on the concept of the time value of money (TVM), and how to use this knowledge to determine the value of projects.
You’ll begin with a discussion of what cash flow is and the concepts of compounding and discounting. You’ll also explore capital and capital structure, present value and rate of return. By the end of the course, you’ll have a basic understanding of cash flow principles and how to apply them to any plant-related project.
Course is recommended for all engineers involved in project evaluation and/or recommendations.
Find answers to questions about registration and refunds, tuition and fees, travel and lodging (for location-based courses), how eLearning courses work, how credits work, and more.
AIChE Practice+ provides learners with opportunities to work on real-world challenges through industry internships and competitions.
With AIChE Career Discovery®, we'll help you to identify aptitudes and skills you’ll need in order to achieve your full potential at various career stages.
AIChE Credential validates your proficiency with potential employers in areas such as process intensification, safety, sustainability and others.