This course follows on from our Essential PPP Financial Modelling programme. Whilst it is not necessary to attend the Essential course first, it is advisable. This programme will be delivered as a three day course.
The training program will provide participants with sets of techniques, greater understanding and hands-on practice in:
- Determining the most effective methodologies to design, cross check and structure financial models for PPP projects.
- Discovering the key elements to prepare realistic and reliable PPP financial models.
- Examining the financial risk profile to incorporate risk factors in the financial model.
- Building efficient and flexible financial models to perform add-ins and make amendments while maintaining the integrity of the spreadsheets.
- Analysing financial data using a various database functions.
- Investigating the key steps in financial modelling audits to assure the value of the money invested is achieved.
- Utilising the financial models to assist on decision making process.
The emphasis in this program is on learning skills about best practice in building financial models and the detailed techniques and calculations involved, with particular application to infrastructure project finance. Many techniques taught have use in other applications, such as corporate finance, but the emphasis will remain firmly on project finance modelling. The use of models to understand and analyze a project will be covered briefly, but it is essentially a practical hands-on course in detailed building techniques. It should not be regarded as a general Microsoft Excel training course, although the models built will use Excel software; rather, the emphasis is on applying excel to model and analyze project finance transactions. By the end of the course, participants will have produced the main building blocks of a well-structured integrated financial model for an infrastructure transaction. As a result of this training, participants will be capable of building up a robust model, which can be rapidly changed, is flexible and is consistent in its logic and treatment of components of cash flow. They will be able to use Excel tools to facilitate sensitivity analysis, build cash flow cascades, solve circular references and write simple macros.
The course is intensive, and requires focus from the delegates to absorb a large range of material in just 2 days. We encourage active involvement of the participants, questions and answers, and discussion. Concepts will be presented through formal presentations and demonstrated examples, which can be followed by delegates on their own laptop computers; supervised exercises are then used to practice and reinforce understanding of the topics. Each exercise has a suggested answer for self-review or review in the class. These exercises cumulatively build the basics of a fully-integrated infrastructure model which is used as the core case study throughout the training programme.
Case studies & Exercises
Case studies will focus on putting into practice modelling techniques, and participants will gradually build an infrastructure PPP model themselves using techniques and principles as they are taught and demonstrated. Each exercise is designed to be done either in teams or individually and is self-contained in terms of putting into practice a limited degree of model-building. The exercises build on one another until a full-scale, integrated model has been built using best-practice techniques. Model answers are available for each, and are reviewed in the class for participants to check their own work; these models can be used as a reference source later when participants are back in their normal work environments.
For further information on this course please contact Jahangir Ahmed, Operations Manager at firstname.lastname@example.org