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A PMI Approved Training Course

Project Finance & Financial Analysis Techniques for Infrastructure Projects

The Essentials of Project Finance & Financial Analysis

Certified & Accredited By
PMI
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Why Choose Us

The Project Finance & Financial Analysis Techniques Course gives finance, project, and infrastructure professionals a structured, end-to-end framework for evaluating, financing, and analysing major infrastructure projects with confidence and technical precision.

Infrastructure projects involve significant capital commitment, complex risk structures, and long-term financial implications. Getting the appraisal, financing structure, and financial analysis right from the outset is critical — and this course equips delegates with exactly those capabilities.

Across five focused days, delegates work through every stage of the infrastructure project finance lifecycle — from project selection and feasibility appraisal through cash flow estimation, financing structures, and advanced financial evaluation techniques including NPV, IRR, DSCR, and sensitivity analysis.

The Project Finance & Financial Analysis Techniques Course is built for professionals who need more than a theoretical understanding of project finance — they need the analytical tools and practical frameworks to make sound financial decisions on complex, high-value infrastructure investments.

 

Why Choose Project Finance & Financial Analysis Techniques for Infrastructure Projects
Course Goals

What are the Goals?

This Course is designed to develop the financial analysis, appraisal, and decision-making capability required to evaluate and structure infrastructure projects effectively from inception through to financial close.

By the end of this course, participants will be able to:

  • Identify and evaluate major infrastructure projects against national and organisational objectives
  • Explain the principles of project finance and the role of Special Purpose Vehicles (SPVs)
  • Conduct technical, feasibility, environmental, economic, and financial analysis for infrastructure projects
  • Apply Cost-Benefit Analysis distinguishing between financial value and economic value added
  • Forecast project cash flows and apply PERT to manage uncertainty in cost and duration estimates
  • Use probabilistic, statistical, correlation, and regression techniques to estimate and evaluate project costs
  • Analyse cash flows using spreadsheet-based financial modelling skills
  • Evaluate equity and debt financing structures including recourse, non-recourse, bonds, guarantees, and letters of credit
  • Calculate the cost of finance and assess financing structures for infrastructure project schemes
  • Apply capital investment appraisal techniques including Payback, ARR, NPV, IRR, ROE, and DSCR
  • Conduct sensitivity analysis, simulation analysis, and financial risk management for infrastructure investments

Who is this Training Course for?

The Project Finance & Financial Analysis Techniques Course is designed for finance, project management, and infrastructure professionals involved in the appraisal, financing, and financial management of major capital and infrastructure projects. This course is suitable for:

  • Project finance professionals structuring or evaluating infrastructure investment schemes
  • Finance managers and analysts responsible for capital project appraisal and financial modelling
  • Infrastructure project managers involved in feasibility studies and investment planning
  • Government and public sector professionals evaluating value for money in infrastructure procurement
  • Treasury and corporate finance professionals working with project debt and equity structures
  • Investment analysts assessing the financial viability of infrastructure and capital projects
  • Project planners and cost engineers applying financial analysis techniques to major projects
  • Professionals working toward or maintaining PMI certification requiring professional development units

 

Learning Approach

How will this Training Course be Presented?

The Project Finance & Financial Analysis Techniques Course is delivered through a structured, analytically focused learning approach that progresses logically through the full infrastructure project finance lifecycle. Each day addresses a distinct stage from project selection and appraisal through financing structures and advanced financial evaluation.

Spreadsheet-based financial modelling, case studies, and real-world infrastructure project examples are integrated throughout to ensure delegates can apply every technique covered directly to their own work.

Delivery methods include:

  • Instructor-led sessions covering project finance principles, appraisal frameworks, and financial analysis techniques
  • Feasibility and appraisal workshops applying technical, economic, environmental, and risk analysis to infrastructure scenarios
  • Cash flow forecasting exercises using PERT and probabilistic analysis to handle project uncertainty
  • Spreadsheet modelling sessions building practical skills in cash flow evaluation and financial analysis
  • Financing structure workshops examining equity, debt, recourse, non-recourse, bonds, and guarantees
  • Cost of finance calculations applying real project financing scenarios to develop analytical confidence
  • Capital appraisal technique exercises working through Payback, ARR, NPV, IRR, ROE, and DSCR calculations
  • Sensitivity and simulation analysis sessions developing financial risk management capability for complex infrastructure investments

The Course Content

Infrastructure Projects & Project Finance

  • Major Infrastructure Projects
  • Selecting Projects to meet National and Organisational Objectives
  • What is Project Finance?
  • Special Purpose Vehicle (SPV) & Parties to Project Finance Schemes
  • The Investment Criteria & The Investment Planning Process

Infrastructure Project Appraisal

  • Technical, Feasibility & Environmental Analysis
  • Economic Analysis & Sustainability
  • Financial Analysis
  • Risk Analysis
  • Cost–Benefit Analysis – Finance V Economic Value Added

Estimating Cash Flows - Income; Costs and Activity Duration

  • Forecasting Project Cashflows
  • PERT – dealing with Uncertainties
  • Probabilistic/Statistical Analysis
  • Correlation & Regression to estimate costs
  • Evaluation & Analysis of Cashflows using Spreadsheet Skills

Financing the Project

  • The Structure of Project Finance Schemes for Infrastructure Projects
  • Equity & Debt Financing
  • Recourse & Non-recourse Finance
  • Bonds; Guarantees and Letters of Credit
  • Calculating the Cost of Finance

Financial Analysis & Evaluation

  • Return on Equity ROE; Debt Service Coverage Ratios (DSCRs); Governments and Value for Money (VfM)
  • Capital Investment Appraisal Techniques - Payback; ARR, NPV, IRR etc.
  • Economic NPV & Economic Value Added
  • Sensitivity Analysis & Simulation Analysis
  • Financial Risk Management
Recognition

Certificate

  • • AZTech Certificate of Completion for delegates who attend and complete the training course.
Qualifications & Endorsements

Accreditation

PMI

AZTech is an official PMI Authorized Training Partner (ATP). All applicable project management courses are pre-approved by the Project Management Institute, allowing participants to earn the necessary PDUs and Contact Hours for certification and recertification.

Collaborations

In Partnership With

Anderson Copex Coventry

Frequently Asked Questions

This course is designed for finance professionals, project managers, infrastructure specialists, government procurement professionals, and investment analysts who are involved in the appraisal, structuring, or financial management of major infrastructure and capital projects. It is suitable for both those new to project finance and experienced professionals seeking to deepen their analytical toolkit.  

Delegates will leave with practical ability to apply a comprehensive range of financial analysis techniques — including NPV, IRR, Payback, ARR, ROE, DSCR, Cost-Benefit Analysis, Economic Value Added, sensitivity analysis, and simulation analysis. These are the core tools used in infrastructure project appraisal and financial decision making, and each is covered with hands-on application throughout the course.  

Day 4 covers the full structure of project finance schemes — including Special Purpose Vehicles (SPVs), equity and debt financing, recourse and non-recourse structures, bonds, guarantees, and letters of credit. Delegates learn how these instruments work together and how to calculate the cost of finance, giving them a practical understanding of how major infrastructure projects are funded.  

A working understanding of basic financial concepts is helpful, but the course is structured to build analytical capability progressively — starting with project finance fundamentals before advancing to complex appraisal and evaluation techniques. Delegates from project management, engineering, or public sector backgrounds will find the content accessible and directly applicable to their roles.  

Day 2 is dedicated to infrastructure project appraisal — covering technical, feasibility, environmental, economic, financial, and risk analysis. Delegates learn how to assess project viability from multiple perspectives and apply Cost-Benefit Analysis to distinguish between financial returns and broader economic value — a critical skill for anyone involved in infrastructure investment decisions.  

Yes. Spreadsheet skills for evaluating and analysing project cash flows are built directly into the course — with dedicated sessions on using spreadsheet tools to model infrastructure project financials. Delegates leave with practical modelling capability they can apply immediately to real project appraisal and financial analysis work.  

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