Introduction
Welcome to the Cost-Benefit Analysis Using Microsoft Excel course offered by Indepth Research Institute. This course is designed to equip participants with the skills to perform cost-benefit analysis (CBA) using Microsoft Excel. Participants will learn how to evaluate the economic feasibility of projects and investments by analyzing costs and benefits, creating financial models, and making data-driven decisions.
Duration
10 days
Personal Impact
- Develop expertise in performing cost-benefit analysis using Microsoft Excel.
- Enhance your skills in financial modeling and data analysis.
- Gain the ability to make informed decisions based on economic evaluations.
- Increase your proficiency in using Excel for complex financial calculations.
- Boost your career prospects in financial analysis, project management, and investment planning.
Organizational Impact
- Improve decision-making processes by providing clear and accurate cost-benefit evaluations.
- Enhance the ability to assess the economic value of projects and investments.
- Strengthen financial planning and budgeting capabilities within the organization.
- Foster a culture of data-driven decision-making and financial accountability.
- Support project proposals and investment decisions with robust financial analysis.
Target Audience
- Financial analysts and planners
- Project and investment managers
- Business consultants and advisors
- Policy makers and decision-makers
- Non-profit and government program managers
- Anyone interested in developing skills in financial analysis and cost-benefit evaluation
Course Level:
Course Objectives
- Understand the principles and methodologies of cost-benefit analysis.
- Learn how to set up and structure a cost-benefit analysis in Microsoft Excel.
- Develop skills in creating financial models and performing calculations.
- Gain proficiency in using Excel functions and tools for data analysis and visualization.
- Learn how to interpret and present cost-benefit analysis results effectively.
- Explore best practices for ensuring accuracy and reliability in financial evaluations.
- Apply knowledge through hands-on exercises and real-world case studies.
Modules
Module 1: Introduction to Cost-Benefit Analysis (CBA)
- Overview of cost-benefit analysis principles and methodologies
- Importance and applications of CBA in decision-making
- Key concepts: Costs, benefits, net present value (NPV), and return on investment (ROI)
Module 2: Setting Up a Cost-Benefit Analysis in Excel
- Designing a CBA model structure in Excel
- Identifying and categorizing costs and benefits
- Organizing data inputs and assumptions
Module 3: Financial Modeling and Calculations
- Creating cost and benefit estimates
- Calculating net present value (NPV) and internal rate of return (IRR)
- Performing sensitivity and scenario analysis
Module 4: Using Excel Functions for CBA
- Key Excel functions for financial analysis: NPV, IRR, PV, FV
- Building formulas and linking cells for dynamic calculations
- Using data validation and conditional formatting for error-checking
Module 5: Data Analysis and Visualization
- Analyzing cost-benefit data using Excel tools
- Creating charts and graphs for visual representation of results
- Using PivotTables and PivotCharts for advanced data analysis
Module 6: Interpreting CBA Results
- Analyzing and interpreting the outcomes of a cost-benefit analysis
- Assessing the feasibility and impact of projects and investments
- Communicating findings and recommendations effectively
Module 7: Best Practices for Accurate CBA
- Ensuring accuracy and reliability in financial models
- Verifying data inputs and calculations
- Managing assumptions and uncertainty
Module 8: Case Studies and Practical Applications
- Hands-on exercises with real-world case studies
- Building and analyzing cost-benefit models for different scenarios
- Collaborative projects and peer feedback
Module 9: Advanced Techniques and Tools in Excel
- Exploring advanced Excel features for financial analysis
- Using add-ins and templates for cost-benefit analysis
- Integrating Excel with other financial tools and software
Module 10: Future Trends and Innovations in CBA
- Emerging trends and technologies in cost-benefit analysis
- Impact of new tools and methods on financial evaluation practices
- Preparing for future challenges and opportunities in CBA
Related Courses
Course Administration Details:
METHODOLOGY
The instructor-led trainings are delivered using a blended learning approach and comprise presentations, guided sessions of practical exercise, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience, working as professionals and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
ACCREDITATION
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
TRAINING VENUE
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
ACCOMMODATION AND AIRPORT PICKUP
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
TAILOR-MADE
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
PAYMENT
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
Click here to register for this course.
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