This is the training course that energy industry professionals must attend to acquire the financial know-how and techniques essential in support of successful business management.
The financing of new investment in all industries usually requires major funding and is generally risky. The financing of investment in the acquisition, exploration, and development, and subsequent operation and maintenance of new assets in the energy industry faces additional risk. The decisions as to whether or not to invest in new capital projects require critical business decision-making during the investigation and feasibility assessment phases but also appraisal of returns on capital employed and other financial implications, and the analysis of risk.
The financial evaluation of potential investments requires the preparation of detailed cash flow projections to determine, as accurately as possible, the expected returns to an organisation under varying conditions of uncertainty. Realistic cash flow projections will reflect the initial capital expenditure required for the acquisition of assets, working capital requirements, and expected revenues and operational costs that include, for example, maintenance of assets over their expected economic lives.
On a global scale many capital projects fail to meet targeted milestones, and strategic and financial objectives. This is usually as a result of failing to plan properly and apply appropriate techniques of investment evaluation. The financing decision-making, planning, and risk analysis tools and techniques used to evaluate potential investments and determine the likelihood of success are all included in this training course.
By the end of this training course participants will have learned about:
- Fundamentals of decision analysis
- The business decision-making process
- Measuring profitability
- Strategy formulation and direction
- Financial planning and modelling
- Decision analysis and appraisal of domestic and international investment
- Sources of financing and the cost of capital
- Risk identification, analysis and management using appropriate responses
- Risk analysis, expected values, simulation and scenario analysis
- Problem-solving techniques, decision support and performance improvement techniques
This Energy Training Centre course does not assume prior knowledge of the topics covered and is presented in a very hands-on way to suit individuals with varying levels of financial knowledge and experience. Delegates will acquire the financial know-how and techniques and essential skills, with the benefits from the Instructor’s own commercial career experiences and through presentations and interactive learning methods.
This training course includes numerous illustrative examples, real-world experiences and many real-world business scenarios. New ideas, tools and techniques are introduced incrementally to enable participants to progress from the fundamental to the more complex topics. Participants will develop their learning through group discussions, and team-based exercises and case studies that reinforce the application of each of the learning points. Difficult mathematical concepts are minimised wherever possible and handled in a visual way that is easy to understand – our aim is for this to be an enjoyable learning experience. The material has been designed as a reference point to which participants may refer regarding application of the various tools and techniques back in the workplace.
You will go back to your workplace with an up-to-date and relevant skillset that will benefit your organisation through:
- Appreciating the importance and recognising the factors that impact on the decision-making process and value creation
- Understanding how the key financial statements are used as the basis for developing financial plans
- Appraising the financial consequences of alternative strategic decisions relating to capital investment
- Evaluating alternative sources of financing, and the costs of capital with the aim of maximisation of shareholder wealth
- Mitigating and minimising business risk and financial risk through risk analysis and the effective use of the appropriate techniques of risk management
- Appropriate use of insurance, and hedging the risk of interest rates and foreign currency exchange rates exposures
- The use of problem-solving and root cause analysis (RCA) techniques and continuous performance improvement initiatives
- Communicating more effectively with financial professionals and sharing throughout the organisation the knowledge gained from this training course
This training course will greatly improve your understanding of the influence of financial factors and risk on decision-making, and the impact of the consequences of those decisions through:
- An appreciation of decision analysis and the various analytical models used to develop strategy, and the links between strategic objectives and financial and non-financial key performance indicators (KPIs) using a balanced scorecard
- A clear understanding of exactly how the financial statements are used to support effective decision-making and financial planning
- Evaluating how the proportions of debt and equity financing critically impact on organisational performance and the maximisation of shareholder wealth
- Being able to apply the DCF techniques of NPV, IRR, MIRR, and EAC to evaluate new capital project investments, and the techniques of capital budgeting, capital rationing and the PI to determine how financial resources may be optimally allocated between alternative investment projects
- Considering how risk may be most effectively managed using the appropriate risk management tools, and insurance and hedging of interest rates and foreign currency exchange rates
- Using the techniques of problem-solving and RCA to identify key areas I which to implement continuous improvement initiatives
- Improving your self-confidence to be better placed to deal with financial and other professionals on financial and strategic issues
This training course is designed for energy industry professionals including project leaders, project engineers, production engineers, financial managers, analysts and other managers who are responsible for business management and decision-making, risk management, and project investment evaluation, and for managing costs, revenues and cash flows.
It will greatly benefit energy professionals working in:
- General management, sales, and marketing
- Estimating, costing, and project management
- Operations, and engineering
- Procurement, and logistics
- Asset management
- Human resources
- Other financial and non-financial professionals that need or wish to develop or refresh their understanding of finance, risk, and the decision-making process
DAY ONE: DECISION-MAKING IN CONDITIONS OF UNCERTAINTY
- Decision analysis
- Opportunity costs, sunk costs and disposal values
- Strategic development
- Uncertainty and risk
- Real options
- Identification of the key factors in decision-making and measurement of value
- Performance measurement and the balanced scorecard
DAY TWO: PLANNING AND MEASURING PROFIT AND CASH FLOW
- The financial statements
- Balance sheet
- Income statement
- Statement of cash flows
- The importance of cash flow
- Time value of money
- Discounted cash flow (DCF)
- Financial plan modelling, and its use as the basis for project evaluation
DAY THREE: INVESTMENT DECISION ANALYSIS
- Capital expenditure and operating expenditure (CAPEX/OPEX)
- Return on investment (ROI), residual income (RI), and economic value added (EVA)
- Accounting rate of return (ARR), and payback
- Net present value (NPV), internal rate of return (IRR), modified internal rate of return (MIRR), discounted payback, and equivalent annual cost (EAC)
- Cost-benefit analysis (CBA), and dis-benefits
- Project financial plans, future cash flows and evaluation of risk
- Capital rationing and the profitability index (PI)
- Energy industry, and international operations and investment projects
- Stakeholders and their level of influence
- Determining the scope of work, and project workflow management
DAY FOUR: FINANCING, COST OF CAPITAL, AND BUSINESS AND FINANCIAL RISK ANALYSIS
- Sources of finance and the cost of capital
- Systematic risk, unsystematic risk, business risk and financial risk
- Risk impact and probability analysis, the ranking of priorities, and attitudes to risk
- Expected values, standard deviation, and coefficient of variation
- Sensitivity analysis, scenario analysis, simulation modelling and tornado diagram, NPV break-even
DAY FIVE: FINANCIAL RISK MANAGEMENT, ROOT CAUSE ANALYSIS (RCA), PROBLEM-SOLVING AND IMPROVEMENT TECHNIQUES
- Financial risk management and hedging of interest rates and foreign currency exchange rates exposure
- Root cause analysis (RCA)
- The toolkit of problem-solving techniques
- Project planning and monitoring using Gantt charts and PERT charts
- Tools for continuous improvement – Kaizen
We offer two main training formats to cater to different preferences and needs:
- Classroom Training Delivery – Our traditional classroom-based training courses provide a face-to-face learning experience with subject matter experts. You’ll benefit form in-person interactions, hands-on exercises, and a structured classroom environment.
- Online Training Delivery – We also offer convenient live/online training courses that you can access from anywhere with a stable internet connection. These courses provided flexibility and allow you to learn anywhere, making them suitable for busy schedules or remote learning.
The Energy Training Centre Certificate of Completion with corresponding learning hours who has successfully completed the training course.
Yes, we provide assistance by issuing a Letter of Invitation stating that you are confirmed to attend our training.
We value transparency and are happy to provide our instructor’s profiles upon request. If you would like to learn more about our instructor’s’ qualifications, expertise, and experiences, please email us at info@energytraining.ae.
Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.
Please contact us at inhouse@energytraining.ae to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.
We have multiple international training venues. You may find this through our website link: https://energytraining.ae/training-locations
Our training courses are held at our partnered hotels within the city included within our training
Yes, here are the following options we can offer to assist you:
- Corporate Discount – We can extend our corporate discount to participants staying at the same hotel, if we have any. Please enquire about the availability of this discount when you register for the training course.
- Nearby Hotel Suggestions – If you prefer other accommodations, we can provide a list of nearby hotels to suit your needs and budget.
Feel free to go through hotel booking platforms on the internet to find the most cost-effective for you.
No, we do not provide job placement services after the training course. However, we are confident that our training course equips you with the necessary tools and knowledge to enhance you career prospects and promote career growth. Our training course are designed to empower you with valuable skills and expertise to excel in your chosen field.
- Tuition fee for a 5-day training course
- Provision of a world-class subject matter expert to deliver this training
- Meeting at a hotel venue corresponding to your chosen session
- Welcome food and drinks, AM / PM snack, and Lunch
- Digital course materials (e-Tablet)
- Course completion certificates
- Designing and administration of Pre-& Post Course Assessments
- Preparation of participant’s Performance and Appraisal Report, if required
- Issuance of Letter of Invitation for delegates needed visa processing, if required
- Tuition fee for a 5-day online training course
- Provision of a world-class subject matter expert to deliver this training through live/virtual delivery
- An electronic copy of the training manual and relevant hand-outs
- Issuance of The Energy Training Centre e-Certificate of Completion
- Administration of Pre-& Post Workshop Assessments
- Link access of online platform acceptable to both parties
Certainly, we do provide corporate rates tailored for organizations seeking to enrol multiple employees in our training programs. To facilitate this, we encourage you to make a formal request via email addressed to info@energytraining.ae. We’ll be delighted to discuss and offer a suitable arrangement for your corporate needs.
Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at info@energytraining.ae
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
Upon receipt of your registration details sent via email at reg@energytraining.ae, we will send you the following by e-mail within 24-48 hours of registration.
- Joining Instructions
- Invoice/receipt (where appropriate)
If you register online, you will receive an e-mail on the same day confirming your registration.
There are two convenient options to register for a training course:
- Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
- Email Registration – You can email us your intention to register at info@energytraining.ae. Our team will guide you through the registration process and provide assistance you may need.
Yes, we do allow registration transfers in the event that you are unable to attend the training course. To initiate a transfer, please send us an official email requesting the change. We’ll guide you through the transfer process and ensure a smooth transition of your registration to another eligible participant.
Our training course sessions are scheduled and posted on our website for your convenience. However, we understand that there may be specific requirement for your group. If you have a preferred venue and specific training dates in mind, please feel free to propose them to us by clicking on the button “Propose you preferred location & date” of your preferred training course.
Our course timings slightly vary between the cities we offer our training courses. Please let us know of your preferred course and session (dates/venue) through email at info@energytraining.ae. Alternatively, you may call/WhatsApp us at +971 50 746 0956.
We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggested a suitable course timing for all.
Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.
Our training programmes are designed to be concise yet comprehensive, focusing on professional development. The duration varies based on the specific course content and objectives – we normally offer programmes between 5 – 10 days. However, our emphasis lies in delivering interactive and engaging sessions that prioritize depth of learning within a condensed timeframe. This approach ensures participants acquire substantial knowledge and skills efficiently.
We have been assessed by TUV Rheinland Middle East FZE and comply with Quality Management System standards – ISO 9001:2015 and ISO 29993:2017, ensuring a commitment to quality and excellence in our operations and services.
Our training courses span across diverse industries, encompassing sectors such as but not limited to:
- Power & Utilities
- Oil & Gas
- Financial Institutions
- Government and Regulatory bodies
- Manufacturing & Production Industry
Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.
Yes, Energy Training Centre is an ILM Recognised Provider (ID# 002398B), authorized to register learners and offer training courses recognized by ILM. Participants seeking ILM Recognised Certification would need to complete an assessment post the ILM Recognised courses. ILM is a renowned provider of leadership and management qualifications, part of the City and Guilds Group. Additionally, our company is a CPD Certified Training Company, ensuring our commitment to continuous professional development standards.
