FINANCE & CAPITAL                                                   INVESTMENT                                            ...
COURSE     CONTENT     ALL SESSIONS WILL BE     THEORY AND PRACTICAL BASED                                                ...
FINANCE & CAPITALINVESTMENT                                                                                             RE...
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Finance & Capital Investment Analysis For Project Managers & Technical Professionals


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This in-depth and practical course will demystify finance and cover best practices in financial analysis.

Participants will be able to comprehend the content of financial statements, analyze and interpret financial information, understand the importance of cashflow, match their budgets to realistic targets, and accurately analyze capital investments.

Contact Kris at for further details.

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Finance & Capital Investment Analysis For Project Managers & Technical Professionals

  1. 1. FINANCE & CAPITAL INVESTMENT ANALYSIS FOR PROJECT MANAGERS & TECHNICAL PROFESSIONALS 02 - 04 APRIL 2012 RADISSON BLUFINANCE DUBAI DEIRA CREEK Limited SeatskSERIES Boo Available. Today! UAE ats Your Se WHY YOU CANNOT MISS THIS EVENT YOUR INT YOUR INTERNATIONAL Engineers & technical professionals are expected to make financially based decisions, COURSE FACILITATOR often without a formal financial background or training on best practices in capital Betty J. Simkins, Ph.D. investment analysis. This in-depth and practical course (with the third day dedicated to hands-on Professor of Finance analysis) will demystify finance and cover best practices in financial analysis. By the Oklahoma State University conclusion of the course, delegates will be able to communicate easily in financial Betty J. Simkins, Ph.D., is the Professor of Finance in the terms. Department of Finance at Oklahoma State University’s They will be able to comprehend the content of financial statements, analyze and Spears School of Business where she teaches, corporate interpret financial information, understand the importance of cashflow, match their finance, energy finance and risk management, advanced financial management, corporate valuation, and case budgets to realistic targets, and accurately analyze capital investments. Most studies in finance. She frequently presents her research importantly, delegates will learn best practices in all of these areas. at leading academic conferences around the world. This training will benefit your organization by giving delegates greater knowledge Prior to entering academia, she worked in the energy on best practices to make better decisions in finance. The expert trainer, through industry for ConocoPhillips, Williams, Inc., and Williams Pipeline Company, among others. years of experience in finance and risk management, will help delegates reach new heights in their careers. This is a dynamic and resourceful training that you do not Dr. Simkins has also worked as a consultant or advisor want to miss! for Wells Fargo, ConocoPhillips, Deloitte Touche, Morgan Stanley, Conference Board of Canada, the National Association of Security Dealers (NASD), Southwest Airlines Company, Williams, Inc, and EKF (Eksport Kredit This course qualifies for continuing education credit for licensed Fonden, Denmark). She is frequently interviewed and Professional Engineers. 18 PDH (Professional Development Hours) quoted in the press regarding her research and expertise on energy finance, including such publications as the Key reasons why your organization would benefit from this course: Wall Street Journal, the Chicago Tribune, and the Houston Chronicle. Her research was recently used in Understand the “big picture” of finance and capital investment analysis testimony to the U.S. Senate Banking Committee. how this relates to daily business decisions She has over 40 publications in academic and practitioner finance journals and has won awards for her Discover how to read and analyze a set of company accounts and research in risk management. She has a book published confidently communicate with accounting and finance professionals. in 2010 titled “Enterprise Risk Management: Insights and Analysis on Todays Leading Research and Best Practices”. Effectively analyze the impact of financial decisions on your business Her publications rank her in the top 5 percent of finance researchers. In addition, Dr. Simkins has won several Understand the power of discounted cash flow in management decision teaching awards including the highest level teaching making award at OSU, the Regents Distinguished Teaching Award. Her current research focuses on the oil and Lead best practices used by companies around the world natural gas industries, bankruptcy risk, futures markets, and strategic risk management and hedging. an Latest TESTIMONIALS She Sh currently serves on the Board of Directors for the S Financial Management Association, as co-editor of the Fin “Good 1 year course compressed into 3 days.” d Journal of Applied Finance, as Editor of FMA Online, as Jo o - Abd Hi h Hisham M h Mohammad, F ili i E i d Facilities Engineering Manager, Petronas Dagangan past president of the Eastern Finance Association, and pa “Brilliant case representation, exceptional combination of on the editorial boards of several prestigious finance on journals. jo o academics & practice.” - Lionel Koh, Group Finance Director, Naga DDB All project managers who handle big/risky projects should attend “Most teachers are passionate about what this course.” they teach: however, Dr. Simkins has raised t - Noor Atiqah binti Sharani, Executive, BERNAS the bar for her peers by bringing the real “The trainers hands-on background helped us a lot to better world into the classroom.” understand the concepts, and apply them to real-life cases.” - Nik Ahmad Kamal, Plant Manager, Global E-Technic - Ernst & Young, Inc. © 360 BSI (M) Sd Bhd (833835-X), Level 8 Pavilion KL, 168 J lan B kit Bi tang, 55100 Kuala Lumpur, Malaysia. BSI (M) Sdn Bhd (833835-X) Level Pavili KL, 168 Jal Bukit Bintang 55100 Kuala Lum (833835 X Leve Pavilion 3835 X) evel ilion Jalan Buki Bintan Bukit Bintang, Kual Lumpur Malaysia. Kuala Lumpur, alaysi l 1
  2. 2. COURSE CONTENT ALL SESSIONS WILL BE THEORY AND PRACTICAL BASED DAY2 Participants should bring their calculators to all 3 days of the course. It is highly recommended that participants also bring laptops on UNDERSTANDING FINANCIAL Days 2 and 3 for the practical exercises. MANAGEMENT & CAPITALDAY1 UNDERSTANDING FINANCIAL ACCOUNTING INVESTMENT ANALYSIS Session One: Session One: The Accounting Process & The Driving Forces Behind Financial Information Fundamentals of finance and essential tools for Understanding the harmonization of global accounting standards and the role effective business decisions of IAS (International Accounting Standards) The time value of money Understanding the language of accounting & the sources of financial Estimation of cash Flows and concepts such as future information value, present value, and valuing annuities Gaining an insight into accounting systems, terminology and concepts Calculator and excel applications of time value of Examining why the timing of a transaction is so important to the finance money concepts function Sensitivity analysis and variance analysis Overview of the content of the annual report Understand the essential tools for financial Knowing where to find useful information management including direct versus indirect costs An introduction to the Balanced Scorecard and overheads Understanding the tradeoff between risk and return Session Two: and how to apply these tools to optimize outcomes Analyzing and interpreting financial information What drives asset values Activity based costing Learning the jargon and recognizing what is revealed in the financial press Break-even analysis and contribution analysis Understanding the language of finance Understand the limitations behind valuation models Learning what a set of accounts reveals about a company’s current situation, profitability and future prospects Exercise: Determining accurate cost per unit for Determining how to effectively use all the available information effective decision making Understanding why and how figures can be manipulated Employing analytical review and ratio analysis Session Two: - Liquidity: is the firm able to meet its current obligations Project Appraisal and Capital Investment Analysis - Asset Management: is the firm effectively managing its assets – Estimating the Cost of Capital - Debt Management: does the firm have the right mix of debt and equity Best practices in estimating the cost of capital - Profitability: the comfined effects of liquidity, asset and debt management How to make a business case: The Three-Phase - Market Values: relates the firms stock price to its earnings and the book value Investment Evaluation Process per share Fundamental tools of investment appraisal Estimating the cost of equity Session Three: Estimating the cost of debt Case Studies on Analyzing & Interpreting Financial Information Systematic vs. non-systematic risk The two case study exercises will allow participants to analyze and interpret an Estimating the Weighted Average Cost of Capital annual report and Financial Detective case study. The concepts will introduce (WACC) participants to basic analysis of financial ratios to gain insights about strategy Adjusting the cost of capital and hurdle rate for projects with different risk and financial performance. Participants will learn that the economics of individual industries accounts for significant variation in financial ratios Exercise: Fundamental tools applied because of different technologies, product characteristics or competitive structures. The exercises illustrate that financial performance results from Session Three: managerial choices. Within industries, the wide variation in financial ratios is Project Appraisal and Capital Investment Analysis often a result of different in corporate strategy in marketing, operations and – Leading Capital Investment Analysis Techniques finance. Best practices in capital budgeting Return on capital employed; why it is used, what it Session Four: tells us and the limitations Planning and Budgetary Control Discounted cash flow techniques Breaking down barriers between management accounting and operations - Payback period and discounted payback period departments - Net Present Value Determining why budgets play a key role and are not simply an annual chore - Internal rate of return Purposes of budgets: the link between the strategic plan & the company culture - Modified internal rate of return - Budgets as motivators - Equivalent annual annuity Setting realistic goals you can apply to your area of responsibility - The problems of short-termism in investment - How your role relates to the budget cycle appraisal - Key budgeting techniques Sensitivity analysis: how sensitive are key decisions to - When, why and how you should use zero/priority based budgets potential changes in circumstances? Scenario analysis - Understanding the difference between budgets and cash flows and how they Real options – valuing managerial flexibility relate to one another Reading: Corporate Strategy and the Capital Budgeting Decision Exercise: Evaluating the investment decision Exercise: There will be an exercise related to corporate strategy and the capital Session Four: budgeting decision. Project Appraisal and Capital Investment Analysis "Budgeting the big picture"; How you can make budgeting more efficient and – Excel Exercises on Investment Analysis improve on existing practices Participants will have the opportunity to learn and apply Excel applications of the concepts learned today to case studies and exercises. 2
  3. 3. COURSE CONTENTDAY3 BEST PRACTICES: INTENSIVE HANDS-ON EXERCISES AND CASE STUDIES In Day 3, delegates will have the opportunity to apply what they learned in Days 1 and 2 by working practical exercise and analyzing case studies in accounting, finance, and capital investment analysis. During this day, leading analytical skills and techniques will be discussed and WHY THIS EVENT illustrated using real case studies. This is probably the only workshop giving delegates greater knowledge on best practices Delegates are encouraged to bring their laptop computers this day to apply to make better decisions in finance and helping topics learned in Days 1 and 2 using Excel spreadsheets, Excel functions, their organization reach new heights. Monte Carlo Simulation, and more. You do not want to miss this day! The expert trainer, through years of experience Session One: Best Practices in Making Optimal Capital Budgeting in finance and risk management, will conduct a Decisions dynamic and resourceful training that you don’t Excel applications of: want to miss! - Payback period The combination of interactive presentations, - Discounted payback period hands-on exercises and open discussion groups - Net present value along with real case studies, ensures you will - Internal rate of return obtain maximum value from attending. - Modified internal rate of return Hands-On exercises This is a unique training course and full of new information, ideas and latest techniques that will Session Two: Role Playing and Case Study on Capital Resource Allocation surpass you expectations. within Corporations Explore the problem of resource allocation within corporations Illustrate and assess the impact of capital rationing on capital investment This course qualifies for continuing decisions education credit for licensed Professional Interpret the implications of classic tools of investment analysis Engineers. Consider the impact of behavioral influences on financial decision making 18 PDH (Professional Development Hours) Session Three: Application of Best Practices in Capital Investment Analysis - Case Study of Energy Savings Project Investment Decision Illustrate making a capital investment decision versus a “do-nothing” case Analysis of energy savings, tax implications, payback period, and return on capital investments using Excel Estimating cash flows Effects of corporate culture on decision making Analysis of the cost of capital effects on decision making Hands-On exercises Session Four: Best Practices in Risk Analysis of Capital Investments Analytical skills, techniques, and challenges in risk analysis: Revenues and prices, cost of capital, construction costs, startup delays Risk analysis of projects in Excel: - Sensitivity analysis and sensitivity charts - Scenario analysis Advanced risk analysis in Excel using Monte Carlo simulation (Note: Monte Carlo simulation will also be used to model uncertainty for key value drivers. Monte Carlo simulation is a powerful tool that can help evaluate what WHO SHOULD ATTEND can happen to an investment’s future cash flows and summarize the possibilities All Engineers & Technical Professionals in a probability distribution. This is particularly helpful in risk analysis of capital All Project Managers intensive projects since the outcomes are often the result of the interaction of a Business Development number of interrelated factors (or value drivers) that are highly uncertain.) Sales & Marketing - Distribution fitting and correlation assumptions - 5 basic rules of thumb in choosing probability distributions HR Directors - Three popular probability distributions for use in simulation models Procurement & Purchasing - Displaying and understanding output -- Tornado Charts, etc Others who wish to understand finance & capital - Mean reverting processes incorporating Poisson jumps investment analysis - Challenges in forecasting prices Case study applications COURSE SCHEDULE 8.00 Registration & Coffee/Tea 8.30 Workshop commences 10.30 - 11.00 Morning coffee/tea 12.30 - 13.30 Lunch 15.00 - 15.30 Afternoon coffee/tea 16.30 End of day 3
  4. 4. FINANCE & CAPITALINVESTMENT REGISTRATION FORMANALYSISFOR Fax: +603 9205 7788PROJECT MANAGERS &TECHNICAL Tel: +603 9205 7770PROFESSIONALS Mobile: +6016 3326 36002 - 04 APRIL 2012RADISSON BLU Email: kris@360bsi.comDUBAI DEIRA CREEKUAE DELEGATES IN-HOUSE TRAINING 1 Name : 360 BSI is passionate about providing strategic technical programs and high potential training solutions across the Name on tag : region to build personal competencies and organizational Job Title : capability. You will receive practical training from a professionally Email : qualified educator with over twenty years of teaching and Mobile training experience. : Please feel free to mix-and-match topics from the areas listed 2 Name : below to get the right training content for your staff. Other topics may be available upon request. Name on tag : OTHER PUBLIC COURSES Job Title : o Executive 360 Leadership Program Email : Finance & Budgeting for Oil & Gas Negotiating Profitable Relationships Mobile : Root Cause Analysis Proposal & Report Writing 3 Name : Record & Document Management Name on tag : The Craft of Technical & Scientific Writing & Presentation Job Title : Hotel Contact Details: Email : For Room Reservation, contact for 360 BSI corporate rates. Telephone: 00971 4 2057105 Fax: 00971 4 2234698 Mobile : E-mail: Radisson BLU Hotel, Dubai Deira Creek AUTHORIZATION Baniyas Road, P.O. Box 476, Dubai, UAE (This form is invalid without a signature) General Information: Name : 1 Closing date for registration is 26th March 2012. 2 The fees cover lunch, tea breaks, materials and certificate. Job Title : 3 Official confirmation will be sent, once registration has Email : been received. 4 Participants will need to arrange their own accommodation. 5 Attire: Smart Casual Tel : ( ) Cancellations/Substitutions Organization : Substitutions are welcome at any time. Please notify us at Address : least 2 working days prior to the event. All cancellations will carry a 10% cancellation fee, once a registration form is received. All cancellations must be in writing by fax or email at least 2 weeks before the event date. Cancellations with less than 2 weeks prior to the event date carry a 100% liability. However, course materials will still be couriered to you. Signature : Date: / / Thank you for your registration! COURSE FEES (please tick as appropriate) PAYMENT DETAILS Payment is required within 5 days upon receipt of USD 2,945 per delegate the invoice. Bank transfer: USD 2,745 per delegate - register before 01-MARCH-2012 360 INTERNATIONAL LIMITED Standard Chartered Bank P.O.Box – 999 Al Fardan Building, Al Mankhool Area, Bur Dubai, Dubai, U.A.E The fee does not include any taxes (withholding or otherwise). In case of any taxes applicable Account No: 02-2077311-01 USD the client has to ensure that the taxes are paid on top of the investment fee paid for the course. Swift No: SCBLAEADXXX Compliance with the local tax laws is the responsibility of the client. IBAN No: AE920440000102207731101 * Save up to 50% for In-house Training program All payments must be received prior to the event date © 360 BSI (M) Sdn Bhd (833835-X), Level 8 Pavilion KL, 168 Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia. 4