Project Evaluation: Operating Cost Estimating and Financial Analysis
- Course ID:
- Type: Face-to-Face Course
- Skill Level:
Project evaluation is a critical and highly specialized skill that directly impacts the bottom line.
When analyzing any technical or engineering project as a prospective investment, it’s vital to make an accurate estimate of operating expenses and return on investment. This course covers the steps the best engineers follow to make sound economic evaluations of projects, designs and alternatives.
Make investments that succeed
In two days, you’ll gain a practical framework for evaluating technical and engineering projects and to gain a better understanding of the evaluations others make. You’ll learn how to accurately estimate operating expenses and calculate return on investment. You’ll examine how to conduct a cash flow analysis of financial, operating and investment activities including how to conduct a discounted cash flow (DCF) analysis to evaluate the attractiveness of an investment; how to use net present value (NPV) and the internal rate of return (IRR) to appraise long-term projects. By the end of the course, you’ll have the skills and tools required to guide and positively contribute to financial and strategic decision-making within your organization.
Take this course and CH139:Conceptual Development and Capital Cost Estimating by registering for CH758: Project Evaluation: Operating Cost Estimating Combo Course.
This course will be taught by one of the instructors listed below.
John Williams, PE, is a practicing engineer in the process industries with a 30+ year background in project development, cost estimating and financial analysis. His deep experience spans the chemical, metals, refining, biotech and pharmaceutical industries. In his engineering practice, he specializes in conceptualization, technical and economic analysis, process optimization, plant design and plant retrofits.Read more
Dr. Theodore “Ted” Williams has developed detailed cost estimation techniques for capital projects and operations over more than a decade at EPS, a leading engineering design firm. In that time, he has worked closely with clients in the energy sector performing operations analysis, design, and valuations for oil refining, petrochemical, biofuels, and power generating facilities.
Dr. Williams’ technical expertise includes cost estimating, aerodynamics, computational fluid systems, finite element method, product development and design optimization. While...Read more