Cost/Benefit Analysis
Description:
This seminar presents the basic elements of engineering economic analysis (also known as "micro-economics" or "business case analysis") needed for Cost Benefit Analyses and understanding of the mathematics of economic issues, from an engineering viewpoint. Topics include equivalence and compound interest, present worth analysis, rate of return analysis, breakeven analysis, depreciation and depletion, replacement analysis, and inflation and deflation.
Outline:
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Decision Making
·Cash Flow Tables
·Equivalence
·Compound Interest
·Nominal vs. Effective Interest Rates
·Cash Flow Diagrams
·Present Worth, Future Worth, Recurring Worth
·Gradient Cash Flows
·Rate of Return Analysis
·Incremental Analysis
·Payback Period Analysis
·Sensitivity Analysis
·Depreciation
·Depletion
·Effects of Income Taxes on Cash Flows
·Inflation and Deflation
·Replacement Analysis
·Estimation Methods
·Capital Budgeting
Does this sound like what your staff needs? This topic works great in a one-day or two-day format. What works best for you? Just shoot me an e-mail at jcesarone999@gmail.com. And you might want to read my primer on the subject here.
While we're talking about CBA, you might want to check out my FREE CBA Template right here.
