Investment Projects: Analysing Costs, Benefits and Making Strategic Decisions

Introduction

The current economic environment has imposed many challenges to organisations around the globe irrespective of their sectors. Companies are eager to invest in new projects to maximize their success, but at the same time keen to learn the key techniques in evaluating the costs-benefits and risk associated with the new projects. A knowledge of thorough analysis of cost-benefits and risk, allows organisations to take on more complex and novel projects that only few organisations have the capabilities to understand the importance of such projects to their strategic goals.

This training course offers the delegates insights into  how to evaluate the cost-effectiveness and risk of new projects. Participants will enhance their skills in analysing new projects investments, risk measurements, accounting for the impact of inflation and various cost estimation techniques. The training will be using various proven techniques to ensure that delegates maximize their understanding of different methods and techniques presented during the training. New concepts and techniques are introduced gradually to match delegates’ knowledge and progress from fundamental to advanced concepts.  

This GLOMACS Investment Projects training course will highlight how to:

• Apply relevant techniques in assessing the cost-benefit of the new project
• Risk estimations for new projects
• Understanding the implications of different source of project financing
• An insight into various types of cost estimations
• Apply proper risk analysis in mitigating risks at minimal costs, and to determine appropriate contingencies for residual risks.

Objectives

• Delegates will be acquainted with present value techniques
• Master cost-effectiveness and risk measurement for the projects.
• Understanding various types of finance available.
• A good understanding of how to evaluate various criteria to make investment decision.
• Apply techniques used in project estimation from the conceptual stage to the final detailed estimate

Training Methodology

This Investment Projects training course will be structured as a workshop with formal presentations, interactive worked examples, and simulations. Relevant examples are provided to illustrate the application of each of the topics covered and opportunities are provided to learn and apply the techniques

Organisational Impact

The organisation will benefit from the development and practical application of advanced skills in project investment as well as from raised awareness of important recent developments in the market.

Specific benefits for the organisation from this Investment Projects training course include:

• Knowledge of the investment decision process
• Development of skills in critical analysis and estimation of cost-benefit related to the project
• Raised awareness of new financial opportunitie
• Ability to assess the risks related to the project
• Advanced skills in cost estimation.

Personal Impact

Participants will benefit from updated knowledge and practical skills in assessing the cost, benefit and risk related to the project. Participants will have:

• Deeper understanding of how to evaluate the cost-benefits of new projects
• The ability to make investment decisions in uncertain environment
• A good understanding of various finance options available for new projects
• A better understanding of the risk assessments
• Knowledge about project cost estimation techniques