COURSE OVERVIEW

This practical and highly-interactive course includes various practical sessions and exercises. Theory learnt will be applied using our state-of-the-art simulators. 

 

This course is designed to provide participants with a detailed and up-to-date overview of Project Economic Analysis. It covers the purpose and importance of project economic analysis for facility planning and investment decisions; the types of project evaluations and basic financial mathematics, cash flow estimation and project life cycle and cost breakdown; the net present value (NPV), internal rate of return (IRR) and benefit-cost ratio (BCR); the payback period and break-even analysis, sensitivity and scenario analysis and dealing with risk and uncertainty; and the structure of decision trees, calculating expected monetary value (EMV) and using probabilities in outcomes. 

 

During this interactive course, participants will learn the impact of inflation and escalation and financing and capital structure impacts; the public versus private sector project evaluation, real estate and infrastructure project economics and rehabilitation versus new facility projects; the operations and maintenance of cost analysis and sustainability and green investment evaluation; linking strategic goals to evaluation criteria; aligning technical, economic and stakeholder needs; documenting assumptions and limitations and the role of multi-disciplinary inputs; the criteria weighting and scoring, using qualitative and quantitative inputs, application for complex facility projects and decision matrix tools; and the economic feasibility report preparation, communicating economic justifications and post-evaluation and project monitoring.