Introduction

Effective management of infrastructure and capital projects is a critical driver of economic growth and sustainable development. As organizations, governments, and public-private partnerships undertake increasingly complex and large-scale projects, the ability to forecast, budget, and control capital expenditures becomes paramount. This training course is designed to equip professionals with a robust framework for navigating the intricate financial landscape of capital projects, ensuring that investments are not only financially viable but also strategically aligned with long-term goals.

This 10-day training course provides a deep dive into the lifecycle of capital project finance, from initial feasibility studies and risk analysis to funding strategies and performance monitoring. Participants will learn how to develop accurate budgets, secure financing, manage project costs, and leverage advanced tools for financial modeling and analysis. By the end of this program, attendees will possess the expertise to lead capital projects with confidence, maximize return on investment, and contribute to building resilient and forward-thinking infrastructure.

Duration: 10 Days

Target Audience

• Project managers and program directors
• Government officials and policymakers
• Infrastructure and urban planners
• Financial analysts and budget officers
• Public-private partnership specialists
• Engineering and construction professionals
• Real estate developers and investors
• Senior executives and board members
• Consultants in finance and infrastructure
• Procurement and supply chain managers

Objectives

• Understand the core principles of capital project budgeting and finance.
• Master techniques for conducting comprehensive project feasibility studies.
• Develop accurate cost estimates and financial models for complex projects.
• Identify and evaluate various public and private funding mechanisms.
• Implement robust risk management and mitigation strategies.
• Use project management software for effective budget tracking and control.
• Communicate project financial data to stakeholders and secure buy-in.
• Analyze the economic and social impact of infrastructure projects.
• Navigate regulatory and compliance requirements in capital projects.
• Explore strategies for managing cost overruns and schedule delays.

Course Modules

Module 1: Fundamentals of Capital Budgeting

• Definition and scope of capital projects.
• The difference between operational and capital expenditures.
• Time value of money and its application to projects.
• Capital budgeting techniques: NPV, IRR, and Payback Period.
• The role of the financial manager in capital planning.

Module 2: Project Feasibility and Financial Modeling

• Conducting market research and demand analysis.
• Technical and operational feasibility assessment.
• Building a comprehensive financial model for a project.
• Scenario analysis and sensitivity testing.
• Using financial data to support investment decisions.

Module 3: Cost Estimation and Budget Development

• Top-down vs. bottom-up cost estimation methods.
• Developing a Work Breakdown Structure (WBS) for costing.
• Including direct, indirect, and contingency costs.
• The budget approval process and stakeholder engagement.
• Preparing a clear and justifiable project budget.

Module 4: Funding and Financing Strategies

• Sources of public funding: grants, bonds, and tax revenues.
• Private financing options: equity, debt, and venture capital.
• Public-Private Partnerships (PPPs) and their financial structures.
• The role of international financial institutions.
• Securing financing and negotiating terms.

Module 5: Project Risk Management

• Identifying and categorizing financial risks.
• Quantitative and qualitative risk analysis.
• Developing a risk response plan.
• Cost escalation and inflation management.
• Insurance and other risk mitigation tools.

Module 6: Financial Controls and Monitoring

• Establishing a project financial management system.
• Budget tracking and variance reporting.
• Earned Value Management (EVM) for project performance.
• Managing change orders and scope creep.
• Implementing robust internal financial controls.

Module 7: Procurement and Contract Management

• The financial aspects of procurement planning.
• Types of contracts: fixed-price, cost-plus, and time-and-materials.
• Evaluating bids and selecting vendors.
• Contract administration and payment schedules.
• Managing claims and disputes.

Module 8: Economic Impact and Social Return

• Quantifying the economic benefits of infrastructure.
• Social and environmental impact assessment.
• Calculating the Social Return on Investment (SROI).
• Stakeholder analysis and community engagement.
• Communicating project value to the public.

Module 9: Legal and Regulatory Compliance

• Navigating local, national, and international regulations.
• Environmental permitting and financial implications.
• Labor laws and safety regulations.
• Ensuring compliance in procurement and contracting.
• Reporting requirements for public and private funders.

Module 10: Advanced Financial Analysis

• Discounted cash flow (DCF) analysis.
• Financial statement analysis for project sponsors.
• Understanding capital structure and leverage.
• Tax implications of different financing methods.
• Advanced Excel modeling techniques for projects.

Module 11: Case Studies in Capital Project Budgeting

• Analysis of successful infrastructure projects.
• Examination of projects that faced significant budget challenges.
• Lessons learned from global capital projects.
• Group discussions and problem-solving exercises.
• Practical application of course concepts.

Module 12: Technology in Project Finance

• Using project management software (e.g., Primavera, MS Project).
• Role of Building Information Modeling (BIM) in cost control.
• Financial dashboards and real-time reporting.
• Big data and predictive analytics for project finance.
• Cloud-based collaboration tools for project teams.

Module 13: Project Closeout and Auditing

• Financial reconciliation at project completion.
• Performance review and final reporting.
• Post-project financial audit process.
• Lessons learned for future projects.
• Asset management and maintenance budgeting.

Module 14: Sustainable and Resilient Infrastructure

• Integrating sustainability goals into project budgets.
• Financing green and climate-resilient infrastructure.
• The circular economy and its financial implications.
• Life-cycle cost analysis for long-term value.
• Innovative financing for renewable energy projects.

Module 15: Future Trends in Capital Project Finance

• The impact of digital currencies and blockchain.
• Crowdfunding for small-scale infrastructure.
• The role of Artificial Intelligence (AI) in forecasting.
• Adapting to global economic shifts and inflation.

 Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 7 working days before commencement of the training.