Practical Financial Fundamentals & Project Investment Decision Making
In today’s world, financial decisions are coming under increasing scrutiny. It is essential that you have enough information to make effective choices and to drive your engineering projects forward with sound justifications.
This workshop begins with the basics of finance pertinent to engineers and technical professionals. Basic accounting and finance terms are explained in simple English with an emphasis on the engineering and technology world. Cash flow concepts are discussed and the issue of making appropriate investment decisions is examined, using such techniques as NPV and IRR. Finally, capital budgeting and risk are discussed in an easy-to-understand manner.
This is certainly not an advanced workshop, but one aimed at providing you with the fundamentals of financial management from a practical engineering and technology perspective.
This course is available fully online with the Engineering Institute of Technology (EIT).
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