Project Finance Modelling Training Course

Course Overview

Learning Objectives

• Analyze the principles of project finance and explain the role of financial modelling in evaluating capital-intensive projects during the first day of the course.
• Develop an integrated project finance model that connects operational, commercial, and financing assumptions by the end of the program.
• Apply practical techniques to forecast project revenues, operating costs, capital expenditure, working capital, and cash flows throughout the project lifecycle.
• Evaluate appropriate capital structures and debt-to-equity ratios and assess their impact on project risk, returns, and debt capacity.
• Design integrated debt schedules covering drawdowns, interest, repayments, maturities, and debt service requirements.
• Assess the project’s ability to generate sufficient cash flow to meet financing obligations using appropriate debt service and coverage metrics.
• Apply sensitivity analysis, scenario analysis, and stress testing to evaluate the impact of operational and financial risks on project performance.
• Evaluate project returns, value, and financial feasibility under different operating, financing, and market assumptions.
• Improve financial model quality through consistency checks, formula validation, linkage testing, and review of key assumptions.
• Prepare and present a complete project finance model that supports investment, financing, and financial risk decisions during the final workshop.

Who Should Attend

Learning Outcomes

• Explain the principles of project finance and distinguish project finance from traditional corporate financing.
• Identify the key operational, commercial, financial, and financing assumptions required to construct a project finance model.
• Build an integrated financial model linking project revenues, costs, capital expenditure, cash flows, financing, and debt obligations.
• Develop project financial forecasts and evaluate expected performance throughout construction and operating phases.
• Design a financing structure incorporating debt, equity, funding sources, and uses of funds.
• Build integrated debt schedules covering drawdowns, interest expenses, repayments, maturities, and debt service.
• Analyze project debt capacity using debt service coverage ratios, leverage measures, and other relevant financial indicators.
• Evaluate project returns, value, and financial feasibility under different operating and financing scenarios.
• Conduct sensitivity analysis and stress testing to determine the impact of revenue changes, cost increases, interest rate movements, construction delays, and other risks.
• Prepare and present a professional project finance model that clearly communicates assumptions, financing requirements, financial risks, results, and recommendations.

Course Outline