Make crisper, more comprehensive decisions about proposed and ongoing projects in your portfolio with this online course.
This course will prepare you to undertake the kind of thoughtful, quantitative analysis that will guide you through development stages. You’ll learn how to avoid two undesirable outcomes as your projects progress through increasingly costly stages—investing in further development when a positive outcome is unlikely and dropping a project too early that would have significant benefit if successful. You’ll address how to uncover the value proposition, perform heat and material balance calculations and make process design considerations. You’ll also examine how to develop operating costs and margin calculations, size equipment, estimate capital and calculate metrics, such as NPV and IRR from cash flows. By taking part in example problems, you’ll see how to frame the value proposition, work through the mechanics of determining operating and capital costs and calculate economic metrics. In addition, sensitivity analyses will illustrate how to easily uncover and communicate leveraging issues.
This course is designed for those who are involved in new and ongoing projects, developing value propositions or providing economic evaluations, including:
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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.