Foundations of Cost-Benefit Analysis
- Principles and objectives of cost-benefit analysis
- Differentiating between costs and benefits in project scenarios
- Time value of money and its impact on project evaluation
The training provides a thorough understanding of assessing costs and forecasting benefits, ensuring that resources are allocated to projects that promise the highest returns and align with strategic objectives. Participants will learn to analyze various scenarios, anticipate financial outcomes, and make informed decisions to drive sustainable profitability for their organizations.
Key Points:
- Mastery of cost-benefit analysis concepts, enabling precise evaluation of project financials.
- Ability to conduct a full spectrum analysis of project costs and benefits for informed decision-making.
- Proficiency in advanced financial modeling to predict the economic impact of projects.
- Competence in integrating risk assessment and scenario planning into project evaluations.
Download the course guide
We offer a comprehensive curriculum that covers all of the essential topics. Our experienced instructors will provide you with the support and guidance that you need to succeed.
Course Content
Assessing Project Costs
- Comprehensive identification and categorization of project costs
- Techniques for accurately estimating immediate and recurring costs
- Incorporating risk and uncertainty into cost projections
Forecasting Project Benefits
- Methods to quantify direct and indirect project benefits
- Evaluating intangible benefits and their implications on analysis
- Discounting future benefits for present-day valuation
Economic Feasibility Analysis
- Comparative analysis of alternative projects and investment opportunities
- Utilizing net present value and internal rate of return calculations
- Break-even analysis and payback period assessments
Scenario Analysis and Sensitivity Testing
- Conducting scenario analysis to explore various outcomes
- Sensitivity testing to understand the impact of variable changes
- Building robust financial models for dynamic analysis
Legal and Regulatory Considerations
- Understanding the influence of legal and regulatory frameworks
- Compliance costs and their role in project evaluation
- Environmental and social impact considerations
Decision-Making in Cost-Benefit Analysis
- Interpreting analysis results for strategic decision-making
- Balancing financial viability with organizational strategy
- Communicating analysis findings to stakeholders
Advanced Topics in Cost-Benefit Analysis
- Exploring recent advancements and tools in cost-benefit analysis
- Applying real options reasoning for flexible project planning
- Integrating sustainability and long-term viability in project assessments
Course Instructor
Omaima Khanfar
Omaima Khanfar is a certified trainer and vocational educator with a passion for growth and empowerment. She creates pragmatic and relatable learning experiences that resonate with diverse audiences. Her dedication to nurturing self-development has made her a trusted and sought-after professional.
Interested in what else we can offer you?
14 May 2024
Dusit D2 Kenz Hotel