Global Learning for Operational Leaders
Introduction
Course overview
Capital investment decisions commit large amounts of money for many years and are difficult to reverse. Choosing the wrong project, underestimating costs or ignoring risk can damage financial performance long after the decision makers have moved on.
This Capital Budgeting and Investment Appraisal training course equips participants with the tools to evaluate investment proposals rigorously and consistently. Participants learn how to prepare relevant cash flows, estimate the cost of capital, apply discounted cash flow techniques and interpret the results of net present value, internal rate of return, payback and profitability index measures.
Beyond the calculations, the course addresses risk analysis, capital rationing, real options thinking, strategic and non-financial factors, and the governance processes that help organisations allocate capital wisely and review the results of past investments.