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Project Finance Modelling

BPP Professional Education

Summary

Price
£1,722 inc VAT
Study method
Classroom
Duration
Full-time
Qualification
No formal qualification
CPD
12 CPD hours / points
CPD What's this?

Location & dates

Location

Address
Venue may change up to 14-days before the course start date’
9-10 Portland Place
West London
London
W1B1PR
United Kingdom
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Overview

Venue may change up to 14-days before the course start date. Enquire for dates.

This two-day course is directed at those delegates working in or alongside the project finance or PFI world, who need to develop the skills to build or interpret integrated Excel-based models. Delegates should have some experience of the fundamentals of modelling. This course is outside of our core Financial Modelling courses and is suitable for those with a particular interest in modelling in the context of Project Finance. Follow these links for information regardingFinancial Modelling – Introduction, Financial Modelling – Comprehensive andFinancial Modelling - Advanced (& Introduction to VBA) . Courses are limited to a maximum of twelve delegates, allowing each attendee to experience outstanding tutor support throughout the two days.

CPD

12 CPD hours / points
Accredited by The CPD Certification Service

Description

The aim of the course is to give delegates a robust and flexible method for building project models, and to train them in established design solutions to the common challenges presented by project models. In particular this will address the needs for time flexibility; flexible capex linked financing avoiding circularity; and scenario management.The course will be built around a live project case which will model a merchant or tolling IPP power project.

Learning objectives include obtaining a greater understanding of:

  • Design Principles and Best Practice
    • 1st rule of financial modelling – design, design, design
    • Modular design, the fundamentals
    • Design questionnaire
    • Project and PFI modelling defining in the problems
    • Creating a flexible non-circular funding scheme
    • Dealing with varying length forecasting periods
  • Time Management
    • Some popular design approaches
    • Creating a date flexible framework, varying period length from construction to operation
    • Flexing timing of events -Using flags
    • Flexible consolidation of periods to years – Index, Offset, Sumif
  • Construction Period Sources and Uses
    • Design approach
    • Dealing with circularity – interest during construction and sizing commitments, using goal seek
    • Creating a simple funding scheme with term debt and residual equity funding
  • Building the Model
    • Lookup tables – alternatives for generating revenues based on different load factors and thermal efficiencies
  • Cash Flow Cascade and Reserves
    • Typical priority of payments
    • Debt service reserve account
    • Capital maintenance reserve
    • Building a cash flow cascade
    • Accounts integration
  • Project Ratios
    • LLCR definition
    • DSCR definitions
    • Debt repayment profile optimization
  • Model Flexibility - Scenario Management
    • Implementing alternative debt structures
    • Excel’s scenario manager
    • Vlookup
    • Index, Choose and Offset
    • Visual basic tools
  • Consolidation
    • Dealing with multiple operating units and consolidating into a pro forma group accounts
    • Merger accounting
    • Consolidation eliminations
    • Consolidation template methodology

Venue may change up to 14-days before the course start date. Enquire for dates.

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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Similar subjects: Finance, Accounting and finance