This one-day course is designed to introduce engineers to key financial tools used in evaluating the financial viability of projects. Every project of any significance requires a business case to justify it being funded. The key concepts of compounding, discounting, discount rates and terminal value will be presented. Building on those we will review key financial metrics such as net present value (NPV), internal rate of return (IRR), return on equity (ROE), return on invested capital (ROIC) and levelized cost. A number of major approaches to evaluating capital investments such as discounted cash flow (DCF) analysis and lifecycle costing will be covered. Case studies and in-class exercises will be used to illustrate the application of these financial tools.
On completion of the course program, participants will:
Understand and be able to calculate key financial metrics used in evaluating the financial viability of proposed investments
Understand major approaches to evaluating capital investments
Understand what information their CFO or financial analyst will be looking for in building project business cases
Note: Please bring a calculator and a laptop loaded with Excel for class work.
What Previous Participants have said about this Seminar:
“I found this seminar very useful and applicable to my concerns regarding basic financial analysis. Mark was a good instructor with a solid grasp of the material.”
“Well presented; the exercises are very useful. Excellent instructor.”
“Good to have a hands on seminar with worked examples. He gave a well paced and clear course. Easy to follow.”
Dr. Mark Pezarro – Principal, Earthvoice Strategies Inc.
Mark is the president of Earthvoice Strategies which specializes in business casing and financial analysis for sustainability initiatives. He led the financial analysis and business case components of District Energy feasibility studies for numerous sites across British Columbia.
Mark has developed business cases for companies and organizations as diverse as Enterra Developments, Buy Smart Network, the University of British Columbia and MDU Communications. He led the preparation of sustainable economic development strategies for the City of Santa Monica and the Strathcona Business Improvement Association. Mark led a study on improving the environmental performance of small business for the Vancouver Economic Development Commission and is leading a study on green economic recommendations for the City of Abbotsford.
He is a part-time lecturer for Simon Fraser University where he delivers a course module on financial metrics for sustainability projects. Prior to founding Earthvoice Strategies, Mark held senior executive positions in a number of major Canadian telecommunications companies, including TELUS and Shaw Communications. He has a PhD from the University of Cambridge.