When: |
17 Sep 2019 through 19 Sep 2019 | |
Where: |
Ashurst, United Kingdom | |
Website URL: |
https://www.wessex.ac.uk/courses/short-course-on-financial-modelling-2019 | |
Sponsoring organization: |
Wessex Institute | |
Categories: |
Business - Managerial Economics |
Keywords:
Event description:
Very often, a technically excellent project dies prior to being implemented. The reason for this is usually that the engineer who had proposed the project was not capable of explaining its financial benefits. How does a project (be it a manufacturing line, a power plant, the security protection of a shipping centre or whatever) come to life? Firstly, the technical side has to be developed - which is the engineer’s task. Once this is achieved, the project is ready to be implemented. The key decision makers in this final stage are almost always economists. If the engineer fails to explain why the project is economically advantageous it will not be approved.
Hence, a project developer also has to be able to demonstrate the financial feasibility of the engineering work, i.e. presenting key indicators like ROI, specific costs, IRR etc. as well as a financial risk evaluation.
The participants of this course will learn how to perform these calculations. The lecturer will use a step-b...
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Posting date:
24 June 2019 | 250 views
Placement:
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