Financing and Initiating Major Engineering Projects

  • 4.8
Approx. 21 hours to complete

Course Summary

Learn how to finance major engineering projects with this course. You'll explore the financial, technical, and economic aspects of large-scale projects, and develop the skills necessary to secure funding and manage budgets.

Key Learning Points

  • Understand the unique challenges of financing major engineering projects
  • Learn how to analyze financial feasibility and risk
  • Develop skills in project financing and budget management

Related Topics for further study


Learning Outcomes

  • Understand the financial and economic aspects of major engineering projects
  • Develop skills in financial analysis and budget management
  • Learn how to secure funding and manage risk

Prerequisites or good to have knowledge before taking this course

  • Basic knowledge of engineering principles
  • Familiarity with financial terminology

Course Difficulty Level

Intermediate

Course Format

  • Self-paced
  • Online
  • Video lectures
  • Quizzes and assignments

Similar Courses

  • Project Finance and Public Private Partnerships
  • Engineering Project Management
  • Construction Finance

Related Education Paths


Notable People in This Field

  • Chairman and CEO, Strategic Program Management LLC
  • Director, NASA Academy of Program/Project and Engineering Leadership

Related Books

Description

To successfully lead major projects you have to understand typical investor and project financing approaches. In this course, you’ll learn to interpret some key contractual instruments that are relevant for the financing of major engineering projects so that you are in a position to ensure the financially secure delivery of your project. You’ll explore the concept of “time value of money” and be able to compute key indicators such as “Pay-back time”, “Net Present value” and “Internal Rate of Return”.

Knowledge

  • Understand major project financing and key financial indicators used in major project finance
  • Identify the key investors in major projects
  • Explore different approaches to project contracting and earn how to ensure successful project initiation
  • Understand how to assess an organisation's capabilities

Outline

  • Financing and initiating major engineering projects
  • Introduction from Giorgio
  • Welcome to Financing and initiating major projects
  • Introduction
  • Research and further reading
  • Lesson summary
  • Lesson overview
  • Economic equivalence
  • Quiz introduction
  • What is actualisation and capitalisation?
  • Time value of money: a practical example
  • Quiz introduction
  • Lesson summary
  • Lesson overview
  • What is payback time?
  • Payback time calculation
  • Net present value
  • Net present value calculation
  • Internal rate of return
  • Internal rate of return calculation
  • Quiz introduction
  • Lesson summary
  • Economic equivalence practice
  • Actualisation and capitalisation practice
  • Test your understanding
  • Financing, investors and contracting
  • Financing approaches
  • Welcome to the week
  • Lesson overview
  • Who invests in major engineering projects?
  • Credit enhancement
  • Lesson summary
  • Lesson overview
  • Contracting instruments
  • Case study: Andasol solar power station
  • Lesson summary
  • Lesson overview
  • Critical analysis
  • Lesson overview
  • Writing your reflections
  • References
  • Developing critical analysis skills
  • Project initiation and delivery models
  • Overview of major project initiation: A UK public sector perspective
  • Welcome to the week
  • Lesson overview
  • What is the line of sight?
  • Benefits mapping: creating a benefits map
  • Five case model
  • Case Study: The new crossing for the River Ziff
  • Lesson summary
  • Lesson overview
  • Execution strategy
  • Delivery models
  • The strategy spectrum
  • What is fit for purpose?
  • Socio-technical hexagon
  • Being fit for purpose checklist
  • Lesson summary
  • Lesson overview
  • Your research task
  • What is peer review?
  • References
  • Delivery capability and alignment
  • The Project Initiation Routemap part 1
  • The Project Initiation Routemap part 2
  • Interview with Dr Lorraine McDermott
  • Welcome to the week
  • Lesson overview
  • Root causes of underperformance
  • Assessing the delivery environment and delivery capability
  • Lesson summary
  • Lesson overview
  • Best practice and aligning for project success
  • Case study: Crossrail
  • Quiz introduction
  • Expert interview: Dr Lorraine McDermott
  • Lesson summary
  • Writing your reflections
  • References
  • Test your understanding
  • Project
  • Welcome to the week
  • Lesson overview
  • The assignment
  • Approaching your research
  • Academic referencing
  • Lesson summary
  • Creating your presentation
  • Preparing your presentation
  • Submitting your presentation
  • Next steps

Summary of User Reviews

This course on financing major engineering projects has received positive reviews from many users. The course is highly informative and provides a great learning experience. Many users appreciated the in-depth coverage of the subject matter and found the course to be engaging and interactive.

Key Aspect Users Liked About This Course

The comprehensive coverage of the subject matter was highly appreciated by many users.

Pros from User Reviews

  • Great learning experience
  • In-depth coverage of subject matter
  • Engaging and interactive course structure
  • Practical applications of concepts taught
  • Expert instructors with industry experience

Cons from User Reviews

  • Some users found the course content to be too technical
  • The course requires a significant time commitment
  • The course may not be ideal for beginners in the field
  • Limited opportunities for personalized support
  • Some users found the course to be too expensive
English
Available now
Approx. 21 hours to complete
Dr Giorgio Locatelli
University of Leeds
Coursera

Instructor

Dr Giorgio Locatelli

  • 4.8 Raiting
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