Capital Budgeting and Investment Appraisal Course

Evaluate capital investments using disciplined cash-flow modelling, NPV and IRR, risk analysis, capital rationing and post-investment review.

Finance and Accounting Training Courses Confirmed

Capital Budgeting and Investment Appraisal Course

Training Outlines

Introduction

Capital decisions commit resources for years and shape future capacity, cost and risk. This course provides a rigorous framework for converting strategic proposals into comparable cash flows, risk-adjusted valuations and transparent investment recommendations.

Objectives

Link capital proposals with strategic and operational objectives.
Identify relevant incremental cash flows and opportunity costs.
Apply discounting and time-value-of-money principles.
Calculate and interpret NPV, IRR and payback measures.
Assess risk through sensitivity, scenario and break-even analysis.
Compare mutually exclusive projects and capital constraints.
Develop clear investment recommendations and approval evidence.
Conduct post-investment reviews and benefits tracking.

Course Outlines

Day 1: Investment Strategy and Cash-Flow Development

Capital allocation and strategic alignment
Project scope, alternatives and base cases
Incremental revenue, cost and savings
Working capital and terminal cash flows
Sunk costs and opportunity costs
Cash-flow timing and modelling assumptions

Day 2: Core Investment Appraisal Methods

Time value of money and discounting
Net present value calculations
Internal rate of return interpretation
Payback and discounted payback
Profitability index and capital efficiency
Strengths, limitations and metric conflicts

Day 3: Risk and Uncertainty Analysis

Key risk drivers and assumption ranges
Sensitivity and break-even analysis
Scenario modelling and decision triggers
Probability and expected-value concepts
Risk-adjusted discounting considerations
Contingency, flexibility and staged investment

Day 4: Portfolio and Financing Considerations

Mutually exclusive project comparison
Capital rationing and portfolio selection
Asset life and replacement decisions
Inflation, currency and financing effects
Cost of capital and required returns
Investment prioritisation frameworks

Day 5: Governance and Post-Investment Review

Business cases and recommendation structure
Approval gates and decision rights
Independent challenge and model assurance
Implementation assumptions and accountability
Benefits tracking and post-audit reviews
Capital-appraisal improvement roadmap

Training Locations

This Capital Budgeting and Investment Appraisal Course is available in multiple cities. Please select your preferred location from the list below

Durrës

Albania

Tirana

Albania

Andorra la Vella

Andorra

Escaldes-Engordany

Andorra

Innsbruck

Austria

Salzburg

Austria

Vienna

Austria

Gomel

Belarus

Minsk

Belarus

Antwerp

Belgium

Brussels

Belgium

Banja Luka

Bosnia and Herzegovina

Sarajevo

Bosnia and Herzegovina

Plovdiv

Bulgaria

Sofia

Bulgaria

Dubrovnik

Croatia

Split

Croatia

Zagreb

Croatia

Limassol

Cyprus

Nicosia

Cyprus

Brno

Czech Republic

Prague

Czech Republic

Aarhus

Denmark

Copenhagen

Denmark

Tallinn

Estonia

Tartu

Estonia

Helsinki

Finland

Tampere

Finland

Lyon

France

Marseille

France

Nice

France

Paris

France

Berlin

Germany

Frankfurt

Germany

Hamburg

Germany

Munich

Germany

Athens

Greece

Thessaloniki

Greece

Budapest

Hungary

Debrecen

Hungary

Akureyri

Iceland

Reykjavík

Iceland

Jakarta

Indonesia

Cork

Ireland

Dublin

Ireland

Florence

Italy

Milan

Italy

Naples

Italy

Rome

Italy

Osaka

Japan

Tokyo

Japan

Pristina

Kosovo

Prizren

Kosovo

Liepāja

Latvia

Riga

Latvia

Schaan

Liechtenstein

Vaduz

Liechtenstein

Kaunas

Lithuania

Vilnius

Lithuania

Esch-sur-Alzette

Luxembourg

Luxembourg City

Luxembourg

Kuala Lumpur

Malaysia

Malé

Maldives

St. Julian's

Malta

Valletta

Malta

Bălți

Moldova

Chișinău

Moldova

La Condamine

Monaco

Monte Carlo

Monaco

Budva

Montenegro

Podgorica

Montenegro

Amsterdam

Netherlands

Rotterdam

Netherlands

The Hague

Netherlands

Abuja

Nigeria

Lagos

Nigeria

Port Harcourt

Nigeria

Ohrid

North Macedonia

Skopje

North Macedonia

Bergen

Norway

Oslo

Norway

Gdańsk

Poland

Kraków

Poland

Warsaw

Poland

Faro

Portugal

Lisbon

Portugal

Porto

Portugal

Bucharest

Romania

Cluj-Napoca

Romania

City of San Marino

San Marino

Serravalle

San Marino

Belgrade

Serbia

Novi Sad

Serbia

Singapore

Bratislava

Slovakia

Košice

Slovakia

Bled

Slovenia

Ljubljana

Slovenia

Incheon

South Korea

Seoul

South Korea

Barcelona

Spain

Madrid

Spain

Valencia

Spain

Sri Jayawardenepura Kotte

Sri Lanka

Gothenburg

Sweden

Stockholm

Sweden

Bern

Switzerland

Geneva

Switzerland

Zurich

Switzerland

Kaohsiung

Taiwan

Taipei

Taiwan

Ankara

Turkey

Istanbul

Turkey

Kyiv

Ukraine

Lviv

Ukraine

Odesa

Ukraine

Dubai

United Arab Emirates

Birmingham

United Kingdom

Edinburgh

United Kingdom

London

United Kingdom

Manchester

United Kingdom

Rome (Vatican-adjacent)

Vatican City

Training Schedule

Below is the table of cities along with the respective dates for the upcoming training sessions of Capital Budgeting and Investment Appraisal Course. Please review the schedule to find the most convenient option for you. You can also use the below search bar to type the city name and filter the results.