Project Evaluation: Cost Estimating and Financial Analysis - October-2016 | AIChE

Our websites use cookies to offer you a better browsing experience and analyze site traffic. By using our websites, you consent to our use of cookies.

Other Sites & Tools

Technical Groups

Project Evaluation: Cost Estimating and Financial Analysis - October-2016

Project Evaluation: Cost Estimating and Financial Analysis

AIChE

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.

Instructor(s) 

John A. Williams, PE

John A. Williams, PhD, P.E., CFEI, MBA, ASA, is the Founder and General Manager of EPS, Inc. He conducts technology assessments and appraisals, as well as financial analyses for renewable and conventional energy technologies and facilities in the oil and gas, refining, biofuels, biomass, solar, wind, geothermal, coal, chemicals, steel, and power sectors. He has more than 35 years of industrial experience in technology development and implementation, and he is an Accredited Senior Appraiser by the ASA. He earned an MBA in finance from the Univ. of Chicago, MS and PhD in chemical and fuels...Read more

Ted J. Williams

Theodore (Ted) J. Williams, PhD, ASA, is a Principle at EPS, Inc. He has technical expertise in process design and optimization, multiphysics modeling and simulation, numerical analysis, product development and analysis, control system design, software development, data acquisition, forensic services, cost engineering, financial analysis, and technology appraisals for mechanical and energy technologies. He has a MS and PhD in mechanical and aerospace engineering from the Univ. of Notre Dame, as well as a BA in physics from Wabash College. Williams is an Accredited Senior Appraiser by the...Read more

1.50
...
AIChE Members $1495.00
AIChE Grad Student Members $747.50
AIChE Undergrad Student Members $747.50
15.00

Horizontal Tabs

What You'll Learn

Learning Outcomes:

  • Defend a value-oriented perspective of potential projects.

  • Estimate operating expenses with a higher sense of accuracy.

  • Calculate ROI.

  • Define Discounted cash flow, net present value, and internal rate of return.

  • Discuss DCF, NPV, and IRR.

  • Organize strategic decision-making within your organization.

Who Should Attend

Who Should Attend:

Technical managers, R&D personnel, managers, project engineers and project managers involved in projects in the process industries – including:

  • Chemical
  • Pharmaceutical
  • Biological
  • Petrochemical
  • Materials
  • Petroleum
  • Gas
Testimonials

The following are testimonials from people who recently took this course:

This is a very good course and the level of detail is perfect. Although it contains a lot of information, it is presented in a way that made it easy to comprehend. - Process Design Engineer

Excellent information. Very clear explanations and application to our industry. - Process Engineering Manager

Good broadbase exposure to financial analysis tools.

Gave me a better understanding of financial analysis.

FAQs

A calculator is required for this course.

Find answers to questions about registration and refunds, tuition and fees, travel and lodging (for location-based courses), how eLearning courses work, how credits work, and more. 

Go to FAQs Page

Day One

  • Financial Terminology
  • Working Capital
  • Allocation of Shared Fixed Capital
  • Costing of Raw Materials
  • Energy Costs
  • Labor and Support Services
  • Plant Overhead, Allocation of Corporate and Other Shared Expenses
  • Estimating Revenue, Market Potential and Penetration

Day Two

  • Value-in-Use
  • Required Selling Price
  • Measuring Profitability
  • Return on Investment Techniques
  • Cash Flow Analysis Techniques
  • Decision Making
  • Sensitivity Analysis
  • Risk Analysis
  • Investment Equivalents

     

Day One

  • Financial Terminology
  • Working Capital
  • Allocation of Shared Fixed Capital
  • Costing of Raw Materials
  • Energy Costs
  • Labor and Support Services
  • Plant Overhead, Allocation of Corporate and Other Shared Expenses
  • Estimating Revenue, Market Potential and Penetration

Day Two

  • Value-in-Use
  • Required Selling Price
  • Measuring Profitability
  • Return on Investment Techniques
  • Cash Flow Analysis Techniques
  • Decision Making
  • Sensitivity Analysis
  • Risk Analysis
  • Investment Equivalents

     

Day One

  • Financial Terminology
  • Working Capital
  • Allocation of Shared Fixed Capital
  • Costing of Raw Materials
  • Energy Costs
  • Labor and Support Services
  • Plant Overhead, Allocation of Corporate and Other Shared Expenses
  • Estimating Revenue, Market Potential and Penetration

Day Two

  • Value-in-Use
  • Required Selling Price
  • Measuring Profitability
  • Return on Investment Techniques
  • Cash Flow Analysis Techniques
  • Decision Making
  • Sensitivity Analysis
  • Risk Analysis
  • Investment Equivalents

     
RCEP
English
CH140
2 days
Intermediate

Hide Personify Display 

Accommodation Instructions 

Group rates available through MicroTek Orlando website (subject to availability and blackout). More info