The Course Content
Day One: Infrastructure Projects & Project Finance
Major Infrastructure Projects
Selecting Projects to meet National and Organisational Objectives
What is Project Finance?
Special Purpose Vehicle (SPV) & Parties to Project Finance Schemes
The Investment Criteria & The Investment Planning Process
Day Two: Infrastructure Project Appraisal
Technical, Feasibility & Environmental Analysis
Economic Analysis & Sustainability
Financial Analysis
Risk Analysis
Cost–Benefit Analysis – Finance V Economic Value Added
Day Three: Estimating Cash Flows - Income; Costs and Activity Duration
Forecasting Project Cashflows
PERT – dealing with Uncertainties
Probabilistic/Statistical Analysis
Correlation & Regression to estimate costs
Evaluation & Analysis of Cashflows using Spreadsheet Skills
Day Four: Financing the Project
The Structure of Project Finance Schemes for Infrastructure Projects
Equity & Debt Financing
Recourse & Non-recourse Finance
Bonds; Guarantees and Letters of Credit
Calculating the Cost of Finance
Day Five: Financial Analysis & Evaluation
Return on Equity ROE; Debt Service Coverage Ratios (DSCRs); Governments and Value for Money (VfM)
Capital Investment Appraisal Techniques - Payback; ARR, NPV, IRR etc.
Economic NPV & Economic Value Added
Sensitivity Analysis & Simulation Analysis
Financial Risk Management
Th