Take advantage of a four-day immersion in Project Evaluation and other cost estimation and financial analysis skills.
This AIChE course is a combination of Conceptual Development & Capital Cost Estimating (CH139) and Project Evaluation: Operating Cost Estimating and Financial Analysis (CH140).
This course will be taught by one of the instructors listed below.
Here’s a preview of what you’ll learn:
Conceptual Development and Capital Cost Estimating (CH139):
- How to effectively conceptualize projects
- How to perform cost estimating based on project type, size and location
- Applying cost-estimating techniques
- Dealing with uncertainties and risks inherent in cost estimating
- Understanding the capital cost estimating process
Project Evaluation: Operating Cost Estimating and Financial Analysis (CH140):
- Gain a value-oriented perspective of potential projects
- Learn how to accurately estimate operating expenses
- ROI: How to calculate it
- Key cash flow analysis terms you need to understand – including:
- Discounted cash flow (DCF)
- Net present value (NPV)
- Internal rate of return (IRR)
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 (CH139)
Part I: Cost Estimation Basics
- Estimating Terminology & Concepts
- Types of Project Estimates
Part II: Conceptual Development
- Scope Development
- Project Development
Part III: Conceptual Estimating
- Equipment Costs
- Installation Factors
- Factored Estimates
- Cost Escalation
- Scaling Methods
- Contingency Applications
Day Two (CH139)
Part IV: Detailed Cost Estimating
- Project Management Costs
- Project Related Costs
- The Detailed Estimating Process
- Methodology of Detailed Estimating
- Mechanical Estimating Methods
Part V: Summary
Day Three (CH140)
- 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 Four (CH140)
- 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 (CH139)
Part I: Cost Estimation Basics
- Estimating Terminology & Concepts
- Types of Project Estimates
Part II: Conceptual Development
- Scope Development
- Project Development
Part III: Conceptual Estimating
- Equipment Costs
- Installation Factors
- Factored Estimates
- Cost Escalation
- Scaling Methods
- Contingency Applications
Day Two (CH139)
Part IV: Detailed Cost Estimating
- Project Management Costs
- Project Related Costs
- The Detailed Estimating Process
- Methodology of Detailed Estimating
- Mechanical Estimating Methods
Part V: Summary
Day Three (CH140)
- 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 Four (CH140)
- 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 (CH139)
Part I: Cost Estimation Basics
- Estimating Terminology & Concepts
- Types of Project Estimates
Part II: Conceptual Development
- Scope Development
- Project Development
Part III: Conceptual Estimating
- Equipment Costs
- Installation Factors
- Factored Estimates
- Cost Escalation
- Scaling Methods
- Contingency Applications
Day Two (CH139)
Part IV: Detailed Cost Estimating
- Project Management Costs
- Project Related Costs
- The Detailed Estimating Process
- Methodology of Detailed Estimating
- Mechanical Estimating Methods
Part V: Summary
Day Three (CH140)
- 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 Four (CH140)
- 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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