Effective finance Modelling in the Power Industry
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Effective finance Modelling in the Power Industry Course
Introduction:
The Financial Modelling for the Power Industry course equips participants with the necessary skills to efficiently develop, modify, and analyze financial models for projects in the power industry sector. This comprehensive program covers essential topics such as funding mechanics, operational analysis, and investment metrics.
By evaluating and analyzing real-life case studies in the power industry, this course is designed to enhance participants' financial modelling capabilities. It also deepens their understanding of finance, empowering them to make informed financial decisions that reduce costs, increase profits, and minimize risk.
The Effective Financial Modelling in the Power Industry training course explores the latest tools and techniques in modelling risk management and performance evaluation of energy-related projects. Participants will learn how to employ sensitivity and scenario analysis, simulating real-world events such as oil price volatility and changes in supply and demand.
By attending this course, participants will gain practical expertise in financial modelling specific to the power industry. They will be equipped with the skills to develop accurate and robust financial models that aid in decision-making and drive the success of power projects. Furthermore, participants will learn how to effectively manage risk and optimize performance in the dynamic energy sector.
The Financial Modelling for the Power Industry course is a valuable opportunity for professionals seeking to enhance their financial modelling skills and apply them to the power industry. Through a combination of theoretical knowledge, practical case studies, and the latest modelling techniques, participants will acquire the tools and insights necessary to excel in this sector and contribute to the financial success of power projects.
Course Objectives:
At the end of this Effective Financial Modelling in the Power Industry training course, the participants will be able to:
- Make improved financial decisions
- Develop financial models relevant to the Power Industry
- Apply the latest tools and techniques to analyze financial data
- Manage financial risk using financial models
- Evaluate the performance of Power Industry projects using financial models
Who Should Attend?
Effective Financial Modelling in the Power Industry training course, is suitable to a wide range of professionals from the Power Industry but will greatly benefit:
- Professionals who need to develop a greater understanding of finance
- Professionals who need to develop their financial modelling skills
- Those who make decisions using financial models or are impacted by those decisions
- Those responsible for managing finance
- Those responsible for managing or monitoring Energy related projects
Course Outlines:
Financial Modeling in the Power Industry
- The Role of Financial Modelling in the Power Industry
- Developing a Financial Model
- Estimating Costs using Financial Models
- Forecasting Energy Prices; Exchange Rates and Interest Rates
- Forecasting using Statistical Methods in Excel – Time Series Analysis, Exponential Smoothing, Correlation & Regression Analysis
- Preparing the Cash Flow Forecast; Income Statement, Balance Sheet (Statement of Financial Position)
Financial Models to Improve the Performance of Energy Projects
- Estimating Activity Cost & Duration
- Minimizing Downtime and Faults
- Critical Path Analysis/GANTT Charts – Financial & Manpower implications
- Earned Value Analysis- to identify Project Cost and Schedule Variances
- Simulating changes in the project
- Variance Analysis
Financial Models to Evaluate Growth Opportunities in the Power Industry
- Models to simulate growth strategies
- Modelling Finance Decisions – Equity or Debt and the Cost of Capital
- Capital Investment Decisions – Payback, ARR, NPV& IRR using Excel
- Examining the Impact on Working Capital
- Purchase Decisions
- Mergers & Acquisitions – Modelling the impact on Share Price, Market Value, Earnings & EPS
Models to Manage Financial Risks & Uncertainties
- Identifying & Managing Financial Risks in the Power Industry
- Modelling Risk & Uncertainty
- Simulating changes to Costs & Accounts Payable
- Simulating changes to Sales Volume, Energy Price & Accounts Receivables
- Break Even Analysis
- Using Derivatives to Managing Energy Prices Volatility, Interest Rates & Exchange Rates
Evaluating Financial Performance using Financial Models
- Cross Sectional & Time Series Models of Analysis
- Financial Ratio Analysis
- Benchmarking Performance
- Evaluating Return on Capital Employed
- Maximizing Shareholder Wealth
Modelling Decision making to Improve Performance