Financial viability is a key consideration when determining whether to proceed with a project. The aim of this module is to equip students with the required knowledge and tools to assess and manage the financial aspects of a project. The module blends theoretical and practical aspects of project finance, and promotes the implementation and critical understanding of financial decision making models and techniques. It also identifies the financial risks associated with projects, and provides methods for managing these risks.
Sources of Finance
Debt v equity finance, traditional corporate finance, principles of project finance, project structures and agreements
Financial Modelling
Time value of money, identifying and modelling project cash flows, modelling debt drawdown and repayment
Sponsor's Project Appraisal
Net present value, internal rate of return, modified internal rate of return, payback period, cover ratios, average loan life
Assessing and Managing Project Risk
Sensitivity analysis, scenario analysis, hedging using derivatives
Online live lectures using PowerPoint slides and practical exercises on Word and Excel.
Recorded screencasts are used to supplement online live lectures.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Formal Examination | 50 |
| Other Assessment(s) | 50 |