Project Economics, Risk & Decision Analysis

This course covers the setup of economic analysis cases, including the estimation of recoverable reserves, production profiles, commodity prices, and project costs – CAPEX, OPEX, taxes, royalties, transportation, depreciation, before-tax (BTAX) cash-flow, after-tax (ATAX) cash-flow, international fiscal regimes (production sharing agreement and concessionary system).

Project Economics, Risk  and  Decision Analysis training course starts from the basic required parameters of inflation, interest, and the time value of money. These concepts are then transformed into profitability indicators. Last but not the least, the profitability indicators are then used to make investment decisions. The emphasis of the course is to bridge the gap between theoretical concepts and their practical limitations.

The participants will be able to appreciate the amount of information that they never thought of. In addition to this, the emphasis is also on the use of Excel’s financial functions.