Project Finance And Budgeting

1. Apply project finance techniques to real-world scenarios.
2. Analyze the financial feasibility of proposed projects.
3. Develop and manage project budgets effectively.
4. Understand the relationship between projects and economic development.
5. Utilize computer tools for project planning and control.

13 weeks, about 60 hours in total. Yours will differ.

1. Week 1Module 1:

   • Unit 1: Introduction to Project Finance: Meaning of Project, Ingredients and Determinants of a Project · 4 hours

     Read the introduction to project finance.. Identify the determinants of a project.. Describe the advantages and disadvantages of project finance.. Discuss the obstacles to good project development in Nigeria..

2. Week 2Module 1:

   • Unit 2: Project Cycle (with Emphasis on the Financial and Economic Feasibility) · 4 hours

     Discuss the process of project cycle management.. Explain the application of project management by the World Bank.. Define financial and economic feasibility.. Understand the critical aspects of a feasibility report..

3. Week 3Module 1:

   • Unit 3: Projects and Economic Growth and Development · 4 hours

     Differentiate between economic growth and development.. Discuss the impact of projects on economic development and growth.. Identify the environmental implications of projects.. Analyze a project's environmental and technological externalities..

4. Week 4Module 1:

   • Unit 4: Financing of Project-Objectives of Financial Analysis · 4 hours

     Apply the principles of financial analysis.. Identify the roles of credit officers.. Investigate the loan requirements of a project.. Use ratio analysis as a financial tool..

5. Week 5Module 1:

   • Unit 5: Sources and Uses of Funds · 4 hours

     Prepare and understand fund flow statements.. Analyze sources and uses of funds in an organization.. Understand the relationship between profit flows, funds flows, and cash flows..

6. Week 6Module 2:

   • Unit 1: Cash Flow Statements · 4 hours

     Prepare a cash flow statement.. Discuss the changes that occur over a period on the balance sheet.. Interpret elements in working capital and the management of cash flows.. Describe the basic principles involved in modeling the components of working capital..

7. Week 7Module 2:

   • Unit 2: Financial Cost and Benefits Analysis · 4 hours

     Differentiate between costs and benefits of a project.. Discuss the theory of costs and benefits.. State the applications of cost-benefit analysis.. Identify various methods of estimating costs..

8. Week 8Module 2:

   • Unit 3: Evolving of Financial Plan (Budgeting) · 4 hours

     Estimate sales revenue from a proposed project.. Estimate operating and maintenance costs.. Estimate a project's financial profitability..

9. Week 9Module 2:

   • Unit 4: Techniques and Tools of Analysis –Financial Statement and Ratios · 4 hours

     Describe project analysis and its objectives.. Explain various techniques and tools of project analysis.. Evaluate the superiority of one technique over others.. Compute for acceptance or rejection of a project proposal..

10. Week 10Module 2:

    • Unit 5: Break-Even Analysis · 4 hours

      Understand that a break-even point defines when an investment will generate a positive return.. Analyze the relationship between fixed costs, variable costs, and returns.. Apply break-even analysis to project financing..

11. Week 11Module 3:

    • Unit 1: Budgeting Techniques · 4 hours

      State the purpose of cash budgeting.. Identify various types of cash budgeting.. Compute a cash budget..

    • Unit 2: Working Capital Management · 4 hours

      Know the core element in working capital: the management of cash flows.. Understand the basic principles involved in modeling the components of working capital..

12. Week 12Module 3:

    • Unit 3: Project Planning and Control · 4 hours

      Use a project management discipline that is applicable to most projects.. Perform the scheduling of project tasks.. Estimate project costs, resources, and time.. Control projects through special methods, tools, and techniques..

    • Unit 4: Project Management Tools · 4 hours

      Identify project management tools.. Manage project time.. Examine the critical path of any project.. Use Project Evaluation Review Technique..

13. Week 13Module 3:

    • Unit 5: Computer Applications · 4 hours

      Use of computer in project financing.. Use some methodologies that are computer inclined.. Facilitate the iterative process of balancing the required finance with the available finance.. Use feasible software as tool for project financing and budgeting..