Investment Projects: Analysing Costs, Benefits and Making Strategic Decisions
A PMI Registered Training Course

Investment Projects: Analysing Costs, Benefits and Making Strategic Decisions

Guiding Your Strategic Investment Decisions: Unmasking Cost-Benefit Analysis for Project Success

NASBA PMI
Classroom Schedule
Date Venue Fees
13 - 17 Jul 2026 Dubai $ 5,950
21 - 25 Sep 2026 London $ 5,950
02 - 06 Nov 2026 Dubai $ 5,950
30 Nov - 04 Dec 2026 Barcelona $ 5,950
19 - 23 Apr 2027 Amsterdam $ 5,950
12 - 16 Jul 2027 Dubai $ 5,950
20 - 24 Sep 2027 London $ 5,950
01 - 05 Nov 2027 Dubai $ 5,950
29 Nov - 03 Dec 2027 Barcelona $ 5,950

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

Who should Attend?

This Investment Projects training course is suitable to a wide range of professionals but will greatly benefit:

  • Managers who are already comfortable with accounting and financial vocabulary
  • Non-Financial Managers willing to understand the cost-benefits analysis of new projects
  • Project Cost Estimators
  • Project Planners and Schedulers
  • Contracts Professionals
  • Project Control and Business Services Professionals
Course Outline
Day 1

Cost Estimating Basics

  • Project management and its importance for the organisation
  • Common methods for costing new project.
  • Understanding project management and cost estimation.
  • Estimating cash flow related to the project.
  • The cash flow conversion cycle for the new project.
  • The importance of working capital for the project.
  • The importance of maintaining optimum level of working capital
Day 2

Project Cost Analysis Techniques

  • Cost Behaviour and Activities
  • Fixed and Variable Costs, Direct and Indirect Costs for the Project
  • Cost Allocation and Absorption of Overheads for the Project
  • Absorption versus Full Costing
  • Project Activity Based Costing (ABC)
  • Marginal Costing for the Project
  • Cost-Volume-Profit (CVP)
  • Scenario and sensitivity analysis using Excel
Day 3

Project Appraisal and Capital Budgeting

  • The Time Value of Money for the Project
  • Future versus Present Values
  • Capital investment for Project Appraisal
  • Net Present Value (NPV), Internal Rate of Return (IRR), Modified Internal Rate of Return (MIRR
  • Project Risk Analysis
  • Simulation analysis for the NPV break-even
  • Capital Rationing
  • Capital Budgeting and the Profitability Index (PI)
Day 4

Source of Finance

  • Potential Funding Sources for the Project
  • Project Financing Options:
    • Long Term Source of Finance
    • Short Term Source of Finance
  • Evaluation of the Types of Finance available for the Project
  • Equity Finance  versus Debt Finance for the Project.
  • The Cost of Weighted Average Cost of Capital (WACC) for the Project
  • Measures of Risk for the Project.
  • Identify uncertainties and take mitigative or responsive action
Day 5

Budgeting: Principles and Key Concepts

  • Understanding the Context for Budgeting
  • The Benefit of Budgeting and its Role for Achieving Organizational Targets
  • The Shortcomings of the Budgeting Process
  • Principles of Budgeting
  • Main Issues with Budget Preparation
  • How budget influence project investment decisions
Certificates
  • Upon successful completion of this training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
  • The certificate will also have a PMI Course Identifier, which will enable the learners to claim Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI) towards certification or recertification of PMI credentials.
Providers

Endorsed Education Provider

NASBA
PMI
Options & Brochure
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PMI
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Frequently Asked Question

This training course equips participants with the practical skills and analytical frameworks needed to evaluate the costs, benefits, and risks associated with investment projects. Over five days, the course covers cost estimation techniques, cost-benefit analysis methods, capital budgeting tools (including NPV, IRR, and MIRR), sources of project financing, and budgeting principles. The emphasis is on building the ability to make well-informed strategic investment decisions in complex and uncertain environments.

The course is designed to accommodate both finance professionals and non-financial managers who wish to understand cost-benefit analysis and investment decision-making. Concepts are introduced progressively, starting with cost estimation basics before advancing to capital budgeting, risk analysis, and financing structures. Participants who are already comfortable with accounting and financial vocabulary will be able to move quickly into the more advanced techniques, while those with less finance experience will benefit from the structured, step-by-step approach.

The course covers a comprehensive range of techniques, including fixed and variable cost analysis, direct and indirect cost allocation, absorption and marginal costing, activity-based costing (ABC), and cost-volume-profit (CVP) analysis. Participants also work with cash flow estimation, working capital management, and scenario and sensitivity analysis using Excel. These techniques are applied directly to project investment contexts, ensuring participants can use them in their own organisations.

Day 3 is dedicated entirely to project appraisal and capital budgeting. Participants learn the time value of money, how to calculate and interpret Net Present Value (NPV), Internal Rate of Return (IRR), Modified Internal Rate of Return (MIRR), and the Profitability Index (PI). The day also covers simulation analysis for NPV break-even and capital rationing decisions. These are the core quantitative tools used by organisations worldwide to evaluate whether an investment project should proceed.

Day-4 of this Investment Projects training course focuses specifically on sources of finance for investment projects. Participants explore long-term and short-term financing options, the distinction between equity and debt finance, and how to evaluate the types of finance available. The day also covers the Weighted Average Cost of Capital (WACC) and its role in project appraisal, as well as risk measurement techniques and strategies for identifying uncertainties and taking mitigative or responsive action.

Risk analysis is woven throughout the course. Participants learn how to estimate and measure risk at the project level, conduct scenario and sensitivity analysis, assess the impact of uncertainty on investment decisions, and apply risk mitigation strategies to determine appropriate contingencies for residual risks. This integrated approach ensures that participants understand risk not as a standalone topic but as a critical dimension of every investment decision.

The course is structured as a workshop with formal presentations complemented by interactive worked examples and simulations. Relevant case examples are provided to illustrate the application of each topic, and participants have opportunities to practise and apply techniques throughout. The use of Excel for scenario and sensitivity analysis on Day 2 is one example of the hands-on approach that runs across all five days.

Day 5 addresses the principles and key concepts of budgeting, including the context for budgeting, its role in achieving organisational targets, the shortcomings of traditional budgeting processes, and the main issues with budget preparation. Crucially, the day explores how budgets influence project investment decisions, connecting the strategic planning covered earlier in the week to the operational reality of how organisations allocate resources and approve capital expenditure.

GLOMACS courses are delivered by expert trainers with extensive industry experience and strong academic credentials. The trainer for this course holds relevant professional qualifications in finance, investment analysis, and project management, with proven expertise in capital budgeting, cost estimation, and strategic financial decision-making. Trainers are selected based on their ability to combine deep subject-matter knowledge with engaging, practical delivery that resonates with an international professional audience.

GLOMACS is committed to keeping its training courses aligned with the latest developments in investment analysis, project finance, and capital budgeting methodology. Course material is regularly reviewed and updated by subject-matter experts to reflect current market conditions, emerging financing structures, and evolving best practices in cost-benefit analysis. Trainers bring current, real-world experience into the classroom, and each course incorporates recent case studies and examples drawn from organisations that are actively managing complex investment portfolios. This ensures that participants engage with content that is both relevant and immediately applicable.

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any related enquiries.

TEL: +971 (04) 425 0700

WhatsApp: +971 (56) 538 7378

Email Englishinfo@glomacs.com

Email Arabicarabic-training@glomacs.com

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