EN131 - Finance for Engineer-Ryan

Finance for Engineers
by trueventus
Understand the financial concepts to appraise a project effectively.
25-26 June 2015 | Ho Chi Minh City, Vietnam
Whatever area your expertise, engineers are an important part in the project and product
life cycle and have an invaluable role in delivering commercial success. Knowledge of
financial concepts becomes increasingly a requirement in the skill set of engineers in order
to demonstrate confidently that technical solutions do not only solve a problem, but can
solve the problem at reasonable and feasible cost in a competitive environment.
Engineering comes to life with projects that are implemented. A considerable amount of
projects, however, suffer from commercial insufficiencies and may therefore not perform as
expected. The development of sound feasibility assessments is crucial to ensure that all
costs of the project are captured in the correct way and that revenues can generate the
required levels of margins.
Engineers must therefore understand the financial concepts to appraise a project correctly
and to include concepts such as market and industry risk rates, the time value of money and
the role of accounting concepts in modelling a project life financially.
In just two days you will expand your knowledge of financial appraisal of projects and the
development of financial models that will excel your work and career.
The course is highly interactive and based on a theory-application-discussion model of
learning, supported by the use of case studies, practical exercises and group discussions
which will allow you to further develop your knowledge in this crucial area.
“Umur has a unique skill set to provide financial models
for project appraisals that are of immediate relevance for
- Dr. Wolfgang Pfaff-Simoneit, Technical Specialist
at KfW, Frankfurt
“Umur was extremely helpful in making complex
technical and financial concepts understandable and
applicable straight away. He provided template MS
Excel worksheets that were of particular value for our
- Patrick Winkel, CEO of STE, Tunis
“Umur provided a very powerful training combing
technical expertise with project finance modelling.”
- Jason Grandcourt, Waste Manager at Mackay
Regional Council
“Delegates of the Local Government Finance Summit
2013 were impressed with presentation content and
- Glen Beckett, General Manager of Local Government
Association of Queensland
This hands-on course focuses on the transfer of skills required to evaluate the financial
metrics of projects. You will take away templates in MS Excel as a powerful tool set to apply
for your projects.
In order to clarify your learning objectives and ensure you get the most out of this training,
you will need to complete a Pre-Course Questionnaire stating your knowledge of the
subject, level of experience and other relevant issues. The course leader will analyse your
form to ensure that the course covers your needs accordingly.
Register Now
T: +603 2775 0067
F: +603 2775 0055
E: [email protected]
Finance for Engineers
by trueventus
Understand the financial concepts to appraise a project effectively.
The course is designed for engineers and professionals who are responsible for project evaluation and capex planning, including:
• Engineers, technical managers and directors;
• Team leaders, project and product managers; and
• Infrastructure and operating managers.
Prior working knowledge of the topics is not assumed. If you have some
existing knowledge in financial project appraisal you can use the course to
refresh and extend knowledge.
From what industries
This program will equally appeal to the private, public and non- profit
sectors such as:
• Government
• Engineering services
• Construction
• Environmental industries
• Manufacturing
• Development and Infrastructure
UNDERSTAND project appraisal rules and optimise your project design’s
financial outcomes.
APPRECIATE the relevant factors that drive a project’s commercial
RELATE to the different concepts and methodologies of financial
TRANSFORM to a more desirable engineer.
GAIN the skills to advance in management – project appraisal skills are
essential for career progress.
Registration and coffee
Morning session begins
Morning networking break
Networking luncheon
Afternoon session begins
Afternoon networking break
Course concludes
Umur is currently working in a dual function as
civil engineering and financial advisor. He started
his career as a research assistant at the Technical
University of Darmstadt, Germany. There he
conducted research and delivered lectures,
seminars and tutorials in the field of municipal
infrastructure planning. Umur specialised in the
areas of waste management and financial option
analysis to deliver infrastructure. After his research
period and some years with his own consultancy,
he headed off overseas and worked for several
international donor organisations such as the
German KfW and the WorldBank. In 19 countries - one of them Papua New
Guinea - he provided feasibility studies, implementation and management
advise, financial appraisals and numerous training sessions.
Having international experience in civil engineering and financial appraisal of
infrastructure projects Umur is an acknowledged expert in the area of project
evaluation and appraisal. In his role at QTC, he provides advice to all Local
Governments, State owned enterprises and State departments on municipal
infrastructure finance. He proved invaluable during the implementation of the
Australian Carbon Tax Regime in 2012. His technical knowledge combined
with his financial modelling skills gave his clients great confidence to respond
correctly to the Carbon tax. He is currently assisting his clients in feasibility
assessments and the identification of optimised financial arrangements of
municipal infrastructure projects.
He presents courses to organisations such as the Local Government
Association of Queensland, the Local Government Manager's Association
Australia and the Local Government Finance Professionals Australia.
He is very versatile and experienced to combine in a unique way the areas of
civil engineering, finance and management so that his training is focussed on
application and outcomes while presenting the necessary theoretical
Author of:
• Quarterly Carbon Tax updates for Queensland Local Governments (since
• Waste management business plan for municipalities - study material
• Gate fee modelling for landfills - study material (2012)
• ODA donor bank's project appraisal - study material (last update 2010)
• Waste management planning and optimisation (2005)
• Privatisation of infrastructure (2001)
• United Nations' aid to developing countries by public-private partnerships in
municipal solid waste management (2001)
• Economic relevance of the financial development aid for German waste
management firm's (2001)
• Financial appraisal of waste planning - study material (2000)
• Distinction between material and thermal recycling with the criterion
environmental soundness (1999)
• Infrastructure planning - study material (1998)
• Legal waste classification definitions and consequences on the disposal
paths (1998)
• Temperature gradients in landfills with MBT treated waste (1996)
Thermodynamic formulas (1995)
Register Now
T: +603 2775 0067
F: +603 2775 0055
E: [email protected]
Session 1:
Session 7:
Accounting and Financial Statement Analysis
• Purpose of accounting and accounting equation
• Accounting standards
• Asset valuation
• Depreciation concepts
• Profit and Loss (P&L) or income statement
• Balance sheet
• Cash Flow Statement
• Financial performance analysis with ratios
Session 2 :
The time value of money I
• Present and future value
• Constructing a cash timeline
• The Net Present Value (NPV) concept
• Annuity and Perpetuity
Session 3:
The time value of money II
• Using MS Excel for financial calculations
Session 4:
Interest Rates for Project Evaluation I
• Relevance of time periods
• The relevance of inflation (real vs. nominal)
• Financial risk and return – debt markets and bank loans
• Financial risk and return – equity markets
Example Project Introduction - Landfill II
• Dealing with uncertainties and risks
• Risk mitigation plan and hedging
• Incorporate insurances
• Build up contingencies
Session 8:
Project Financial Forecasting Models I
• Pro-Forma financial statements
• Calculating incremental earnings
• Changes in Net Working Capital (NWC)
• Sunk cost, Overhead and R&D expenses
Session 9:
Project Financial Forecasting Models II
• Forecasting the example project’s free cash flows in MS Excel
Session 10:
Evaluating Projects I
• Scenarios analysis, sensitivity analysis and break-even analysis
• The NPV decision rule
Session 11:
Evaluating Projects II
• Compare projects with different lifetimes
• Profitability indexing
• Why to avoid Internal Rate of Return (IRR) and payback period
Session 5:
Interest Rates for Project Evaluation II
• The Capital Asset Pricing Model (CAPM)
• Cost of capital and industries
• A firm’s Weighted Average Cost of Capital (WACC)
• An industries’ WACC
Session 6:
Example Project Introduction - Landfill I
• From engineering to cost
• Build up a capex plan
• Build up an operation and maintenance cost plan
Finance for Engineers
by trueventus
Understand the financial concepts to appraise a project effectively.
25-26 June 2015 | Ho Chi Minh City, Vietnam
Casey Lee
T: +603 2775 0067
F: +603 2775 0055
E: [email protected]
Job Title
Job Title
Job Title
Job Title
Job Title
1. The course fee is inclusive of the event proceedings,
materials, refreshment and lunch.
2. Upon receipt of the complete registration form, invoice will
be issue. Trueventus request that all payments be made
within 5 working days of the invoice being issued. Full
payment must be received prior to the event. Only delegates
that have made full payment will be admitted to event.
Clients are responsible for their own banking fees and
banking fees will not be absorbed into the booking price.
3. Substitution & cancellations policy. Should the registered
delegate is unable to attend, a substitute delegate is
welcome at no extra charge. Written notifications of all
substitutions is required 5 working days prior to the event.
Trueventus contracts carry 100% full liability upon receipt of
registration. Non payment does not constitute cancellation.
A 100% of cancellation fee will be charged under the terms
outlined below: Due to limited event seats, Trueventus
agrees to book and confirm the seat for the client upon
issuance of invoice. Upon signing of this contract, client
agrees that in case of dispute or cancellation of this contract
Trueventus will not be for total contract value. If a client does
not attend the event without written notification at least 5
working days prior to the event date, he/she will deemed as
no show. A no show at the event still constitutes that the
client will have to pay the invoice amount that was issued to
them. Trueventus does not provide refunds for
cancellations. By signing this contract the client also agrees
that if they cancel that Trueventus reserves the right to
pursue monies owned via the use of local debt collection
agency were the client is situated. Furthermore the client
will be held liable for any costs incurred in collection of
outstanding monies. When any cancellations are notified in
writing to Trueventus 5 working days prior to the event, a
credit voucher will be issued for use in future Trueventus
NB: Signatory must be authorised on behalf of contracting organisation.
Job Title
4. Trueventus will at all times seek to ensure that all efforts are
made to adhere to meet the advertised package, however
we reserve the right to postpone, cancel or move a venue
without penalty or refunds. Trueventus is not liable for any
losses or damages as a result of substitution, alteration,
postponement or cancellation of speakers and / or topics
and / or venue and / or the event dates. If force majuere
were to occur Trueventus accepts no responsibility or
liability for any loss or damage caused by events beyond
their control, including, but not restricted to strikes, war, civil
unrest, flight delays, fire flood, or any adverse weather
conditions. Trueventus under no circumstances is liable for
any other costs that might have been incurred in the
attendance of the event, including but not limited to flights,
accommodation, transfers, meals etc.
Authorising Signature
USD2195 per delegate
5. Upon receiving this signed booking form, you the client
herby consent to Trueventus to keep your details for the use
of future marketing activities carried out by Trueventus and
third party organisations & partners.
□ Ho Chi Minh City, Vietnam
□ Documentation Package USD 495
All options inclusive of course papers, luncheon, refreshments and service charge.
Payment is due in 5 working days. By Signing and returning this form, you are accepting our terms and conditions.
Please debit my:
Card Number
□ VISA □ MasterCard
6. Copyright and Intellectual Property. Any redistribution or
reproduction of part or all of the contents in any form in
connection to this event is prohibited without prior written
consent by Trueventus.
7. Client hereby agrees that he/she exclusively authorizes
Trueventus charged the credit card with detials listed above
for the amount provided herein; this registration form serves
as a contract that is valid, binding and enforceable. He/she
at any time will have no basis to claim that the payments
required under this Contract are unauthorized, improper,
disputed or in any way. Upon issuance of invoice Trueventus
will be charging the client USD 30 processing fee.
□□□□ □□□□ □□□□ □□□□
This three-digit CVC/CVV2 number is printed on the signature panel on the back of the card
immediately after the card’s account number.
Card Issuing Bank:
Card Issuing Country:
Cardholders Name
Expiry Date
Cardholders Signature
Cardholder Email:
HRDF claimable under SBL scheme
HRDF Approved Training Provider Reg No: 2393
(Applicable for Malaysia only)