An Intensive 3-Day Training Course
Advanced Investment Appraisal Workshop
Improve your Decision-Making Skills with the Latest Forecasting and Evaluation Techniques
Scheduled Dates
22 - 24 Apr 2024 | Addis Ababa - Ethiopia | $3,900 |
26 - 28 Aug 2024 | Addis Ababa - Ethiopia | $3,900 |
Why Choose this Training Course?
Why Choose this Workshop?
In today’s challenging environment it is important for businesses to maintain their competitive position. They need to ensure that they are offering attractive, up-to-date, high quality products to their customers. A company that was successful in 2016 cannot assume that their success will continue through to 2020, unless they are prepared to make new investments on a regular basis.
This accessible PetroKnowledge workshop will guide you through the process of identifying and selecting new projects, preparing forecasts, and applying evaluation techniques, to ensure that only the best projects are approved for investment.
The workshop will comprise the following key elements:
- Identifying potential new projects that will fit with our medium and long term strategic plans
- Collecting relevant data and constructing financial forecasts relating to our proposed projects
- Applying and calculating four popular appraisal methods, Accounting Rate of Return, Payback Period, Net Present Value, and Internal Rate of Return
- Refining the investment decision by considering the impact of inflation, taxation, and limitation of funds
- Incorporating the effect of risk and uncertainty in the appraisal process
What are the Goals?
What are the Goals
By the end of this workshop, participants will be able to:
- Explain why it is important for us to link new investments to our strategic plan
- Identify and measure the expectations of investors and explain why these are important to the decision making process
- Set up spreadsheets and apply the four main investment appraisal techniques to determine whether proposed investments are likely to be worthwhile
- Make necessary adjustments to incorporate the effect of inflation, taxation, and limited funds
- Apply various techniques for dealing with the effect of risk and uncertainty
Who is this Training Course for?
Who is this Workshop for?
This PetroKnowledge workshop is suitable to a wide range of professionals but will greatly benefit:
- Management accounting staff
- Strategic planners
- Management consultants
- Senior managers of any non-financial discipline
- Entrepreneurs
How will this Training Course be Presented?
How will this Workshop be Presented?
This PetroKnowledge workshop will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes:
- Clearly presented case study material to illustrate important techniques
- Opportunities for delegates to input personal knowledge and experience into group discussion sessions
- Use of Excel spreadsheets for collection and forecasting of data, and application of evaluation techniques
- Regular exercises and quizzes to check progress
- Groupwork and group presentations with guided research
Daily Agenda
Identifying and Constructing Investment Proposals
- Proposing and constructing a range of projects that fit our strategic objectives
- Setting up the accounting spreadsheet for ARR calculations
- Calculating the ARR and comparing with company ROCE
- Incorporating the time value of money – compounding and discounting
- Estimating the company Cost of Debt, Cost of Equity, and Weighted Average Cost of Capital
- Setting up the relevant cash flow spreadsheets for Payback, NPV and IRR calculations
Evaluating the Investment Proposals
- Calculating the Payback period, NPV and IRR from the cash flow spreadsheet
- Adjusting the spreadsheets for the effect of inflation and taxation
- Identifying the optimal mix of projects where funds are limited
- Incorporating the effect of risk using probability analysis applications
- Measuring the impact of forecasting error, using Sensitivity Analysis
- Compensating for environmental uncertainty, using the risk premium, finite horizon, and certainty equivalent methods
Certificate
- On successful completion of this training course, a PetroKnowledge Certificate will be awarded to the delegates
In Association With
GLOMACS Training
Our collaboration with GLOMACS aims to provide the best training services and benefits for our valued clients
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