The course Tools for the financial and economic evaluation of projects offers you the opportunity to acquire essential skills in a sector that is constantly growing and where there is high demand for labour. These days, financial assessment is key to the strategic decision-making in any organisation. Through this course, you will learn how to use tools fundamental aspects such as the internal rate of return (IRR) and payback period (PP), skills that are crucial for maximising the profitability of projects. You will also explore other innovative methodologies used in the assessment of engineering projects. This course, designed to be delivered entirely online, allows you to study at your own pace, making knowledge accessible regardless of your location. Upon completion, you will be prepared to to analyse and evaluate projects efficiently, making you a valuable asset to any company who are looking to optimise their investments. Join us and take the next step towards the professional success.
Tools for the Financial and Economic Evaluation of Projects
Corporate
40 hours
Introduction
Objectives
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Understanding the key concepts of the economic assessment projects.
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Calculate the Internal Rate of Return (TIR) of a project.
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Estimating the Recovery Period (PR) for investments.
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Analyse additional tools to evaluate engineering projects.
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Interpreting results from assessments project costs.
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Compare different methods financial assessment.
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Apply economic principles in the decision-making projects.
Table of Contents
TEACHING UNIT 1. ECONOMIC EVALUATION OF PROJECTS
Financial factors to consider when carrying out an assessment
Financial decisions
The financial decision-making process in economic engineering
Conceptualisation of financial valuation
Types of valuation in projects
TEACHING UNIT 2. INTERNAL RATE OF RETURN ON A PROJECT (IRR)
Tools for financial valuation in economic engineering
Net Present Value (NPV) or Net Present Value
Internal Rate of Return (IRR)
Sensitivity analysis
Payback or payback period (PRI)
TEACHING UNIT 3. REMEDIAL PERIOD (PR)
Financial planning and the economic environment
Net Cash Flow (NCF)
Cost management and classification
Production and break-even point
Preparation of the Net Cash Flow (NCF)
TEACHING UNIT 4. OTHER TOOLS FOR THE EVALUATION OF ENGINEERING PROJECTS
Methods for the economic evaluation of alternatives
Cost-benefit analysis
Models for financial decision-making
Predictive indicators of business valuation
Other valuation methods for decision-making in economic engineering