Executive Diploma in Project Finance

Course Overview

This professional development program, the Project Finance Training Course, is designed for any personnel involved in projects at any stage and for senior project team members who want to learn about project finance across construction, IT, manufacturing, and enterprise project contexts. Return on investment (ROI) provides a quantitative basis to compare and prioritize projects by expressing profitability as a percentage using the formula ROI = (Financial value − Project cost) ÷ Project cost × 100%, and organizations that apply this at approval and close‑out can align portfolios with strategy, stop low‑yield projects early, and refine estimation practices, which this course aims to institutionalize.

 

The curriculum covers introduction to projects and life cycle, difference between operations and projects, importance of projects in strategic objectives, project portfolio management and strategic alignment, and ROI as a prioritization tool with financial governance and approval processes. It includes cost and cost elements such as direct and indirect, fixed and variable, cost accounting, trending, life‑cycle costing, allowable and unallowable costs, cost baselines, pricing and costing with ROI, payback and NPV, economic cost including taxes, depreciation and opportunity cost, cost estimation methods, detailed project budgeting and earned value analysis, contract types including Cost‑Plus‑Fixed‑Fee (CPFF), and economic analysis with discounted cash flow, internal rate of return, sensitivity analysis, and financial modeling for project business cases and ROI validation.

 

Project finance professionals must master financial analysis fundamentals such as ROI, payback period, NPV, and risk‑adjusted return, understand cost management including cost categories, baselines, variance analysis, and earned value, and apply contract and investment methods including fixed‑price versus cost‑reimbursable structures, CPFF, discounted cash flow, and sensitivity analysis to improve portfolio alignment, cost control, contract risk management, and competitive positioning.

 

 

Course Objectives:

Upon successful completion, participants will have demonstrated mastery of:

 

Understanding the importance of projects to organizational strategy

 

Familiarizing themselves with how project cost is calculated and managed during the project life cycle

 

Understanding different methods used to calculate and estimate the cost of a project

 

Working on methods to understand how price is calculated for a project and how it differs from the cost of projects

 

Learning different types of contracts and their impact on cost

 

Acquiring knowledge of monitoring the actual cost of a project

 

Clarifying concepts of Earned Value Analysis

Applying methods of forecasting project cost.

 

The Training Framework includes:

 

Lectures

Seminars and presentations

Group discussions

Assignments

Case studies and functional exercises

Workshops developing ROI analysis and financial modeling skills

Hands-on exercises practicing cost estimation and earned value management

Practical demonstrations with contract negotiation scenarios and investment decision-making techniques.

 

Who Should Attend?

This Project Finance Training Course is designed for:

 

Any personnel who is part of project at any stage

Senior Project Team member who wants to learn about Project finance

Project managers

Cost estimators

Contract administrators

Finance analysts

Portfolio managers

Business case developers

Professionals seeking project finance certification

 

 

Course Curriculum:

 

Course Outline

Project Finance Certification Course covers the following topics:

 

Module 1 – Introduction

Introduction to Project

Project Life Cycle

Difference between Operations and Projects

Importance of a Project in the Strategic objective of the organization

Project portfolio management and strategic alignment

ROI as a tool for project prioritization

Financial governance and approval processes

Module 2 – Cost and Cost Elements

What does cost constitute

Cost categories

Direct and Indirect Cost, Fixed & Variable Cost

Cost Accounting

Cost Trending

Life cycle costing

Allowable and unallowable costs in contract settings

Cost baselines and variance tracking

Total cost of ownership concepts

Module 3 – Pricing and Costing

Tools for Pricing

Pricing Strategy

Return on investments

Economic Cost

ROI calculation formula and interpretation

Payback period and net present value

Risk-adjusted return metrics

Module 4 – Cost Categories

Material

Labour

Engineering Designs

Tools, Machinery and Equipment

Overhead allocation methods

Cost pools and cost drivers

Tracking project-specific versus shared resources

Module 5 – Economic Cost

Types of Cost

Changes in cost

Taxes

Depreciation and Depletion

Economic Analysis Techniques

Opportunity cost and sunk cost considerations

Inflation adjustments and escalation factors

Time value of money principles

Module 6 – Cost Estimation

Different methods of Cost estimation

Estimation Accuracy

Structuring the Estimate

Managing and Controlling Resources

Analogous, parametric, and bottom-up estimation techniques

Estimation ranges and contingency reserves

Refining estimates as project scope matures

Module 7 – Cost Calculation for a Project

Preparing Budget

Controlling Cost

Earned Value Analysis

Budget at completion and estimate at completion

Variance analysis and performance indices

Forecasting final project cost

Module 8 – Contracts

Different Types of Contracts

Advantages and disadvantages of contracts

Fixed-price versus cost-reimbursable contract structures

Cost-Plus-Fixed-Fee (CPFF) contract applications

Risk allocation and incentive mechanisms

Contract change management and claims

Module 9 – Economic Analysis

Financial and Cash Flow Analysis

Investment Decision Making

Discounted cash flow and internal rate of return

Sensitivity analysis and scenario planning

Financial modeling for project business cases

Post-implementation benefit tracking and ROI validation

 

Course Duration:

5 Days Physical

4 Weeks Online

 

Tuition:

N300.000

 

Application form:

N20,000