Project evaluation is a critical and highly specialized skill that directly impacts the bottom line.
When analyzing any technical or engineering project as a prospective investment, it’s vital to make an accurate estimate of operating expenses and return on investment. This course covers the steps the best engineers follow to make sound economic evaluations of projects, designs and alternatives.
Make investments that succeed
In two days, you’ll gain a practical framework for evaluating technical and engineering projects and to gain a better understanding of the evaluations others make. You’ll learn how to accurately estimate operating expenses and calculate return on investment. You’ll examine how to conduct a cash flow analysis of financial, operating and investment activities including how to conduct a discounted cash flow (DCF) analysis to evaluate the attractiveness of an investment; how to use net present value (NPV) and the internal rate of return (IRR) to appraise long-term projects. By the end of the course, you’ll have the skills and tools required to guide and positively contribute to financial and strategic decision-making within your organization.
Take this course and CH139:Conceptual Development and Capital Cost Estimating by registering for CH758: Project Evaluation: Operating Cost Estimating Combo Course.
This course will be taught by one of the instructors listed below.
Learning Outcomes:
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Defend a value-oriented perspective of potential projects.
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Estimate operating expenses with a higher sense of accuracy.
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Calculate ROI.
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Define Discounted cash flow, net present value, and internal rate of return.
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Discuss DCF, NPV, and IRR.
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Organize strategic decision-making within your organization.
Who Should Attend:
Technical managers, R&D personnel, managers, project engineers and project managers involved in projects in the process industries – including:
- Chemical
- Pharmaceutical
- Biological
- Petrochemical
- Materials
- Petroleum
- Gas
Day One
- Financial Terminology
- Working Capital
- Allocation of Shared Fixed Capital
- Costing of Raw Materials
- Energy Costs
- Labor and Support Services
- Plant Overhead, Allocation of Corporate and Other Shared Expenses
- Estimating Revenue, Market Potential and Penetration
Day Two
- Value-in-Use
- Required Selling Price
- Measuring Profitability
- Return on Investment Techniques
- Cash Flow Analysis Techniques
- Decision Making
- Sensitivity Analysis
- Risk Analysis
- Investment Equivalents
Day One
- Financial Terminology
- Working Capital
- Allocation of Shared Fixed Capital
- Costing of Raw Materials
- Energy Costs
- Labor and Support Services
- Plant Overhead, Allocation of Corporate and Other Shared Expenses
- Estimating Revenue, Market Potential and Penetration
Day Two
- Value-in-Use
- Required Selling Price
- Measuring Profitability
- Return on Investment Techniques
- Cash Flow Analysis Techniques
- Decision Making
- Sensitivity Analysis
- Risk Analysis
- Investment Equivalents
Day One
- Financial Terminology
- Working Capital
- Allocation of Shared Fixed Capital
- Costing of Raw Materials
- Energy Costs
- Labor and Support Services
- Plant Overhead, Allocation of Corporate and Other Shared Expenses
- Estimating Revenue, Market Potential and Penetration
Day Two
- Value-in-Use
- Required Selling Price
- Measuring Profitability
- Return on Investment Techniques
- Cash Flow Analysis Techniques
- Decision Making
- Sensitivity Analysis
- Risk Analysis
- Investment Equivalents
A calculator is required for this course.
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