Financial Planning, Asset Management And Evaluation

Financial Planning, Asset Management & Evaluation

OBJECTIVES

• Understand your strategic planning process
• Understand how to apply different planning, forecasting and analysis techniques
• Enhance knowledge of forecasting revenue and costs
• Motivate managers for enhanced performance
• Integrate the organization’s strategic planning with capital budgets
• Understand capital budgeting techniques & cash flows
• Interpret capital budgets and performance measurement as communication tools
• Link risk analysis & project evaluation with business process improvement

WHO SHOULD ATTEND?

• All sectors of industry who require a more in-depth understanding of integrated planning and risk analysis techniques
• Personnel with a financial background or responsibilities for strategic planning and management reporting would benefit from this program

COURSE OUTLINE

DAY 1 – Strategy in Today’s International Environment

• Create a comprehensive strategic analysis of the company, competitors, industry trends and stakeholders’ goals
• A clear vision of where the business will be in 3-5 years
• A robust strategy to achieve the vision
• A detailed organization design for achieving the strategy
• A change management process for leaders to successfully navigate the business from the current state to the desired future
• An invaluable tool to create and sustain a high-performing business and build a solid leadership team

DAY 2 – Forecasting as a Tool for better Planning

• Introduction
• Qualitative Forecasting Methods
• Quantitative Forecasting Models
• How to Have a Successful Forecasting System
• Computer Software for Forecasting
• Forecasting in Small Businesses and Start-Up Ventures
• Wrap-Up: What World-Class Producers Do

DAY 3 – Asset Management for Fun and Profit

• Service delivery to guide asset practices and decisions
• Asset planning and management are integrated with business planning, budgeting and reporting processes
• Asset management decisions are based on assessment of alternatives, life cycle costs, benefits and risks
• Ownership, control, accountability and reporting requirements are implemented
• Asset management activities are undertaken within an integrated policy framework

DAY 4 – Project Analysis And Evaluation

• Evaluating NPV Estimates
• Using Scenario Analysis to make better decisions
• Sensitivity Analysis to make better decisions
• Three Types of Break-Even Analysis
• Operating Leverage
• Financial Leverage
• Using DFL & DOL to improve decision making
• Dealing with Capital Rationing

DAY 5 – Risk Analysis & Project Evaluation

• Cash Flow versus Discount Rate
• Approaches to Cost of Capital Measurement
• Recommended Framework
• Comparison of Methods
• Conversion of Cash Flows
• Industry Adjustments
• Project Specific Adjustments
• Risk Worksheet
• Conclusions
• Appendices