The 10-Day Advanced Financial Modelling & Petroleum Project Economics

Transcription

1 An Intensive 2-Week Training Course The 10-Day Advanced Financial Modelling & Petroleum Project Economics 16-APR Oct - 09 Nov 2017, Dubai This course is Designed, Developed, and will be Delivered under iso Quality standards

2 The 10-Day Advanced Financial Modelling & Petroleum Project Economics Why Choose this Training Course? In the globally competitive world of the 21st century business decision-makers face unprecedented levels of change, risk and uncertainty and nowhere is this more true than in the oil and gas sector. To survive and flourish in this dynamic environment petroleum professionals need the right tools with which to analyse the economic and other challenges faced by their organisations and to anticipate and manage the many opportunities and threats that may emerge. Traditional forms of economic and financial analysis no longer meet these needs and the most progressive firms are using the power of financial models to help them analyse the challenges and take a more powerful approach to managing risk and uncertainty in their planning and forecasting This training course will highlight: The challenge of risk and uncertainty in modern business Principles of business planning and performance management How financial models can be used to improve business decision-making Practical skills in designing financial models using Excel Advanced approach to analysing oil and gas sector economic indicators The Structure This comprehensive training course consists of two modules which can be booked as a 2-week Training event, or as individual, 5 Day courses. Module 1 - Financial Analysis, Modelling & Forecasting Module 2 - Petroleum Project Economics & Risk Analysis How will this Training Course be Presented? This is a highly participative workshop style training course focused on developing practical skills that delegates can apply in real life business situations on return to their own organisation. Each module includes a thorough review of the relevant theory before focusing on life-like business case studies with which delegates can practice the design and construction of financial models, analysis tools and forecast applications in Excel, using laptops provided for the course. What are the Goals? This hands-on PetroKnowledge training course has been designed to provide petroleum sector delegates with real practical skills to design and build financial models that will have highly relevant applications in modern oil and gas organisations. By applying advanced techniques for economic and financial analysis, delegates will develop improved skills in forecasting and business decisionmaking. By the end of this training course, participants will learn to: Plan the design and functionality of economic and financial models in Excel Use powerful functions built in to Excel for statistical and financial analysis Apply financial analysis techniques to improve investment decision-making Design and build financial models for forecasting sales, costs and profit Implement up to date techniques for managing risk and uncertainty Use financial models to assist in business decisionmaking Who is this Training Course for? The training course is designed to provide useful insights and practical skills to professionals from a wide range of disciplines and industry sectors, but particularly those involved in planning, forecasting and investment decisionmaking in an age of risk and uncertainty. This PetroKnowledge training course is suitable to a wide range of petroleum sector professionals but will greatly benefit: Finance professionals Budgeting and planning managers Commercial managers Divisional managers Purchasing and supply chain managers Project managers

3 Membership No.: Day Three: Building Forecasting Models Understanding the drivers of profit and cash flow Designing and building a cash flow forecast model Using Excel s built-in data analysis tools Analysing trends in past data moving averages and regression tools Designing and building a sales forecast model Designing and building a cost forecast model Avoiding common problems in forecasting Daily Agenda Module 1 - Financial Analysis, Modelling & Forecasting Day One: Tools to Meet the Challenges of the 21st Century The nature and challenge of competitive business Managing risk and uncertainty Business planning and performance management Measuring the key drivers of business success Financial models what they are and how to use them most effectively Best practice in building financial models How to get the best results using Excel Day Two: Building Models for Financial Statement and Ratio Analysis The financial analysis tool kit Building a company financial database in Excel Excel charting basics Analysing the cost-volume-profit relationship Understanding the drivers of shareholder value Modelling and interpreting financial rations Using the model to improve business performance Day Four: Building Models for Capital Investment Decisions Principles of capital investment decision-making Building a model to calculate company cost of capital The time value of money and principles of discounted cash flow (DCF) Understanding and using Excel s built-in DCF functions Designing and building a capital investment appraisal model Principles of business valuation Designing and building a business valuation model Day Five: Building Models for Managing Risk and Uncertainty The impact of risk on financial performance Identifying the key drivers of financial performance and strength What if forecasts and how they work Designing and building a financial statement forecasting model How to use Excel Goal Seek tool Using Excel s Scenario Manager tool Building rolling forecast models in Excel QuAliTy CErTiFiCATion Member of Clear Concepts. Clean Environment. The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc. The 10-Day Advanced Financial Modelling & Petroleum Project Economics

4 Module 2 - Petroleum Project Economics & Risk Analysis Day Six: Cash Flow Analysis Familiarization with Economic terms Setting up Cash Flow Calculation Depreciation Methods Loss Carry Forwards Inflation Nominal & Real Cash Flow Sunk Costs Project Financing Day Seven: Economic Indicators Economic Indicators Definitions Present Value Concept Discount Factor Net Present Value Internal Rate of Return Effect of Project Delay Payback Period Profit/Investment Ratio Incremental Projects Day Eight: Risks and Uncertainties Risk & Uncertainty Expected Value Concept Decision Tree Analysis Farm-out Decision Probability Analysis Sensitivity Analysis Probability Distribution Monte Carlo Simulation Day Nine: Setting up Spreadsheet Calculation Introduction to Spreadsheet Calculation Simple Cash Flow using Excel NPV calculations Application of economic indicators Class discussion Day Ten: Setting up Oil Field Development Model Group activities Setting up an Integrated Economic Model of a Typical Oil Field Development Project Sensitivity Analysis for the selected model Introduction to Russell field model Final remarks The 10-Day Advanced Financial Modelling & Petroleum Project Economics

5 The 10-Day Advanced Financial Modelling & Petroleum Project Economics Course Dates, Venues and Fees 29 Oct - 09 Nov 2017 Dubai $10,000 This fee is inclusive of Documentation, Lunch and Refreshments Please use BLOCK CAPITALS to fill in this form. It is important that you read carefully through all information before starting to complete the form. Registration Details Family Name: First Name (Mr./Ms.): Position: Company: Mailing Address: Telephone: Mobile: Fax: Authorisation Authorisation By: Position: Company: Mailing Address: Telephone: Mobile: Fax: In-house Training Maximize your training budget and have several members of your staff, who require specific training, to attend with the advantage of not incurring additional travel costs when attending a public training courses & seminars. Would you like a PetroKnowledge training course delivered at a time or location to suit you? Would you like PetroKnowledge to tailor a course from our comprehensive library of programmes? Or would you like us to create an entirely new, bespoke course to suit the exact needs of your organisation? Working in partnership with our clients, PetroKnowledge provides an enjoyable, creative learning experience that enables participants to develop their skills and knowledge. We can deliver not only generic, off-the-shelf courses from our extensive learning portfolio, but we can provide tailored as well as bespoke learning on any aspect of skill development or knowledge. Our in-house courses are conducted by the same expert trainers who conduct PetroKnowledge public courses so you can be assured they will fulfill the learning objective of any organisation

6 Booking Terms & Conditions Booking Bookings for courses can be made via our website (petroknowledge.com) or by contacting our Registration Desk on or at reg@petroknowledge.com For on-line bookings, please select the course that you require and click on the Register Now button, following the instructions step by step Upon receipt of booking in order, enrollment on the respective training course will be confirmed by Registration Team with all necessary documentation Invoicing and Payment Our fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation charges are not included in the course fees Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted Invoices will be sent via /courier to the ID/name and address provided We prefer to have the fees payment in our account before the start of training course. However, if your company has a different payment policy, the same should inform us in advance The currency of fees is in US Dollars (USD). Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the Invoice Please note that we do accept payment by cash, in USD or AED, only for the last minute bookings Cancellation of Courses It may be necessary for PetroKnowledge to amend or cancel any course, course times, instructors, dates or published fees due to unforeseen circumstances and we reserve the right for such changes Any amendments will be advised before the course start date and any bookings already paid in full will not be subject to increased fees Cancellation by Client Once you have completed your booking, received your confirmation of enrollment and a dated payment Invoice, you are deemed to have a contract with PetroKnowledge. You reserve the right to cancel this contract given the below terms All cancellations must be received in writing at reg@petroknowledge.com and info@petroknowledge.com at least 14 days prior to the training After the cancellation period has expired, consideration may be given, on a case to case basis, if a registered delegate nominates a substitute on the same course, shifts to next session of the course or moves to a new course For a cancellation request made on or before the statutory 14 day cancellation period, a refund may be given or a credit note issued which can be used against future course fees A 25% administration fee (of the total course fee at the time of booking) will be charged for any cancellations made outside of the statutory cancellation period Attendance Certificate The daily course schedule should be accurately followed to ensure undeterred implementation of our training All delegates, who participated in their course throughout, will receive the Certificate of Completion on the last day Please report any foreseeable absences to a PetroKnowledge representative or to your sponsors directly An absence of three (3) or more sessions of the course will invalidate your eligibility for the Certificate of Completion T: F: E: info@petroknowledge.com P.O. Box: , Abu Dhabi, U.A.E.