PPP / PFI has become a well-established concept and is adopted in many territories around the world. One of the primary advantages of project financing is that it provides for off-balance-sheet financing of the project, which will not affect the credit of the shareholders or the government contracting authority and shifts some of the project risk to the lenders in exchange for which the lenders obtain a higher margin than for normal corporate lending. This GTC course will focus on the key concepts of project finance and the issues surrounding whole life costing and achieving value for money. Delegates will gain leading edge best practices and how they can be applied.
This course is registered with the Project Management Institute (PMI)® R.E.P. Programme. As an R.E.P., GTC has been approved by PMI to issue applicable Professional Development Units (PDUs) for its Training courses. PMI allows credential holders to apply PDUs to the maintenance of their credentials. One (1) PDU is equivalent to one (1) contact hour of Training. The PDUs to be earned are agreed during the course design phase and are included on your individual course attendance certificates.
Who Should Attend?
PPP Unit officials and advisers; Managers and those with financial responsibilities; Project and contracts personnel in both public and private sectors; Professionals acting upon the financial decisions of others; Government officials, ministries, public sector agencies; Project financiers, developers, sponsors, consultants.
Delegates will gain knowledge and skills to:
- Recognise the structure of the PPP/PFI process and objectives of project finance models
- Define whole life costing and value for money
- Understand the key concepts of PFI financing
- Distinguish the advantages and disadvantages of project finance
- Differentiate between the various financing structures
- Explain investment appraisal techniques (e.g. IRR, NPV)
Key Course Highlights
- The key financial sensitivities in a project finance, financial ratios and financial covenants
- Risk identification and general terms in a project finance transaction
- Project finance fundamentals and the mechanics of project finance models
- Valuation of project finance and key issues in developing project financed transactions
- Technical mechanics of project finance and termination compensation
- Conduct financial, economic, and technical feasibility studies