Project Investment Appraisals/ CAPEX - Brussels

"The successful implementation of any project lies on the effectiveness of the appraisal, the project plan and the management of it."

Whether you are a manager evaluating/deciding on projects or you are in charge of developing project plans, the course teaches you the crucial role which a project appraisal plays in financial decision making and brings you the tools and techniques on how to analyse and forecast the economic viability of your project.

The 2 days are dedicated to develop the skills to evaluate, calculate the viability and decide on new projects, by learning:

• The rationale behind project appraisals.
• Understand the capital expenditure decision-making process.
• Learn the business case for capital expenditure investments.
• Get to grips with project management principles.
• Capital budgeting techniques and the capital expenditure framework.
• Learn techniques such as the Net Present Value (NPV), the internal rate of return (IRR) and Payback methods for managerial decision making.
• Explore the capital investment decision model and the soft side of project decisions.
• Use sensitivity and scenario analysis to build and decide on alternatives.
• Decide on the discount factor by calculating the firms cost of capital. 
• Explore the complexity of international capital budgeting.
• Evaluate methods of debt and/or equity financing and the impact on the capital structure.
• Understand the importance of reviewing a capital expenditure investment after completion.