The Course: Economic Forecasts in Engineering Projects offers you a unique opportunity to develop critical skills in a sector that is constantly growing. Engineering is experiencing an unprecedented boom, driven by the need for sustainable and innovative infrastructure. This course focuses on strengthening your ability to interpret organisational performance through detailed financial analysis. You will learn to manage cash flow and financial cycles, ensuring the financial health of organisations. Furthermore, you will gain an understanding of value added, an essential skill for strategic decision-making. In a workplace where there is high demand for professionals skilled in economic forecasting, this course positions you as an attractive candidate, well-prepared to tackle the financial challenges of engineering projects. The online format allows you to access this knowledge from anywhere, adapting to your needs and learning pace.
Economic projections in engineering projects
Project Management
40 hours
Introduction
Objectives
- To understand financial analysis in order to assess organisational performance.
- Interpret cash flow in engineering projects.
- Calculate and analyse financial cycles to optimise resources.
- Assess the economic value added of projects.
- To analyse the financial health of an engineering organisation.
- Identify key indicators for analysing performance.
- Apply concepts of financial fluidity to real-world organisational contexts.
Table of Contents
TEACHING UNIT 1. FINANCIAL ANALYSIS AND INTERPRETATION OF ORGANISATIONAL PERFORMANCE
Finance, financial management and financial analysis
Scope and characteristics of financial analysis
Procedure for financial analysis
Traditional indicators in financial analysis
Non-traditional indicators in financial analysis
TEACHING UNIT 2. CASH FLOW AND ORGANISATIONAL FINANCIAL CYCLES
The organisational financial cycle
Cash flow in financial management
Working capital management
Financial decision-making
Profitability
TEACHING UNIT 3. AGGREGATE ECONOMIC VALUE
Gross value added
Value creation
Strategies for creating value
Measuring value creation
Value-based management
TEACHING UNIT 4. ORGANISATIONAL FINANCIAL HEALTH
Organisational financial health
Components of organisational financial health
The pillars of organisational financial health
Measuring organisational financial health
Strategies for organisational financial health