COURSE OVERVIEW:

The allocation of capital to competing project proposals is a critical strategic function that determines the long-term growth and sustainability of an organization. This course provides a sophisticated framework for Project Valuation and the Capital Budgeting Process, focusing on the financial techniques used to assess the feasibility and profitability of capital investments. It addresses the strategic importance of aligning project selection with the organization's "Weighted Average Cost of Capital" (WACC) and overall financial objectives.

The scope of this training encompasses the technical application of "Discounted Cash Flow" (DCF) modeling, the analysis of "Incremental Cash Flows," and the evaluation of project "Profitability Indexes." Participants will learn how to adjust valuation models for "Risk and Inflation," manage "Capital Rationing" constraints, and utilize "Real Options" to value managerial flexibility. The course provides practical tools for navigating the "Project Lifecycle" from initial screening to post-implementation financial audit.

Coverage includes the analysis of "Net Present Value" (NPV) versus "Internal Rate of Return" (IRR) conflicts, the implementation of "Sensitivity and Scenario Analysis," and the execution of "Financial Due Diligence." Attendees will explore the "Capital Budgeting Governance" framework and learn how to present "Investment Proposals" to boards and steering committees. By mastering project valuation and capital budgeting, professionals will be able to maximize shareholder wealth and ensure that capital is deployed to projects with the highest strategic and financial merit.

COURSE OBJECTIVES:

After completion of this course, the participants will be able to:

• Apply the "Capital Budgeting Framework" to project selection.
• Build sophisticated "Discounted Cash Flow" (DCF) models.
• Calculate and interpret "NPV," "IRR," and "MIRR."
• Utilize the "Profitability Index" (PI) for capital rationing.
• Determine the "Weighted Average Cost of Capital" (WACC).
• Adjust valuation models for "Taxes," "Depreciation," and "Inflation."
• Execute "Sensitivity and Scenario Analysis" on financial outcomes.
• Apply "Real Options" analysis to value project flexibility.
• Identify and exclude "Sunk Costs" from investment decisions.
• Analyze "Incremental Cash Flows" and "Opportunity Costs."
• Perform "Post-Implementation Audits" to verify project returns.
• Present a professional "Investment Case" to senior management.

TARGET AUDIENCE:

This course is intended for Project Managers, Financial Analysts, Investment Officers, Department Heads, and Strategic Planners.

TRAINING COURSE METHODOLOGY:

A highly interactive combination of lectures, discussion sessions, and case studies will be employed to maximize the transfer of information, knowledge, and experience. The course will be intensive, practical, and highly interactive. The sessions will start by raising the most relevant questions and motivating everybody to find the right answers. The attendants will also be encouraged to raise more of their questions and to share in developing the right answers using their analysis and experience. There will also be some indoor experiential activities to enhance the learning experience. Course material will be provided in PowerPoint, with necessary animations, learning videos, and general discussions.

The course participants shall be evaluated before, during, and at the end of the course.

COURSE CERTIFICATE:

National Consultant Centre for Training LLC (NCC) will issue an Attendance Certificate to all participants completing a minimum of 80% of the total attendance time requirement.