Let's be honest, a project is only really feasible when the project is capable of producing enough cash to cover all operating and debt-servicing expenses over the entire period of the debt.
Often an organisation has to weigh up several projects and determine which, if any, are worthy of investment or to proceed with. In order to ascertain the feasibility of any single project, an accurate financial model is needed to assess the project's true economic feasibility. When multiple projects are involved, each must be assessed and the results compared to each other so that sponsors and stake-holders can make informed decisions.
Project finance is a large and complex subject! And being capable of developing effective, accurate and flexible project models requires not only a detailed understanding of finance and accounting but also an advanced level of Excel numeracy skills - all of which is a must so that your model can facilitate and dramatically improve the reliability and quality of your decision-making.
In addition the output from your model is used in the structuring of the deal to secure your project funding. Most importantly, it is used to determine the maximum amount of debt your company can have, the debt repayment profile, what will be the return on equity for the project, as well as what other parameters are absolutely necessary to assess the overall viability of the project.
This training course provides a unique view into the concepts of practical modelling and completes a fundamental project appraisal case study. Because it is impossible to model every scenario, this course teaches a variety of formula methods that will prove invaluable; not just to project modelling but ALL modelling. A variety of methods are described, that will allow you to improve the flexibility and robustness of your models. That is why you need to attend this hands-on training course because it is guaranteed to sharpen your Excel modelling skills. We will show you how to build user-friendly valuation and simulation models, faster, better and with greater accuracy!
This training course is intensive and we have packed it with cutting-edge 'how-to' model design ideas, simulation exercises and lots of applied graphics to take your current skills to a whole new level.
Date: 12 June 2013
to 13 June 2013
Time: 08:30 - 16:30
Venue: The Wanderers Club, Johannesburg
Cost: Save up to R2000, when you register and pay early!