PA
Project Analysis
Objectives
The main objective of this course is to provide students with essential knowledge for evaluating engineering projects. The successful conclusion of this course should allow students to:
- apply fundamental concepts of a financial nature to project evaluation;
- develop models for the computation of a project’s cash flows;
- understand project financing structures;
- apply capital cost calculation models;
- apply methodologies for the inclusion of financial and non-financial risk in the project evaluation;
- develop group work and communication skills in the academic and business context.
Program
- Basic concepts for project evaluation
- The financing of the project
- Project evaluation methods
- Comparison and selection of investment projects
- Project cash flow computation
- The choice of discount rate (cost of capital)
- The effect of the inflation rate
- Decisions in a context of risk and uncertainty
Bibliography
Cebola, A. (2017) “Projectos de Investimento de Pequenas e Médias Empresas - Elaboração e Análise”. 2ª Ed., Edições Sílabo. Rogers, M; Duffy, A. (2012) “Engineering Project Appraisal”, 2nd Ed., Wiley-Blackwell. Soares, I; Moreira, J; Pinho, C; Couto, J. (2015) “Decisões de investimento. Análise financeira de projectos”, 4ª Ed., Edições Sílabo. Munier, N. (2014) “Risk Management for Engineering Projects. Procedures, Methods and Tools” Springer International Publishing.