International Oil, Gas and Power Project Development and Management
June 2-13, 2003
Boston, MA   USA
Unit One
Unit One: Financial and Risk Analysis of Oil, Gas and Power Projects

Program Objectives
This program provides the important financial and risk analysis background and presentation skills necessary to prepare and analyze realistic financial projections for oil, gas, and power projects. The program teaches the principles and best practices of successful project analysis and presentation. Emphasis is placed on engaging the learner, through the use of real-world examples, case studies, and decision-driven team workshops. The outcome is a thorough and practical development of energy project analysis and presentation skills in a learning format that is practical and hands-on so as to make learning challenging, effective and engaging.

Who Should Attend
Individuals from all sectors of the oil, gas and power industry who wish to learn the practical skills of analyzing and presenting energy projects should attend this program. This unit is an ideal preparation for Unit Two.

Program Content
The week will be devoted to the key topics associated with the preparation of financial models, the financial analysis of oil, gas and power projects, project risk analysis and presentation of results. It will include sessions on:

Measuring Project Financial Performance
Corporate financials, time value of money and overall project economics.

Typical Project Stages and Sources of Funding
Typical project stages and Gates.

Practical Use of Excel to Model Project Economics
Learn how the full capabilities of Excel
can be used to model projects.

Documenting and Incorporating Key Project Variables
Pre-development, CAPEX, financing options, revenues, OPEX, taxes, net income and cash flow.

Project Risk Analysis
Analyze project risks and incorporate them into the project analysis through their risk assumption, mitigation, assignment insurance or hedging.
 Building & Analyzing Project Portfolios
Consider the budgets of a portfolio
of projects.

Practical Use of PowerPoint to Present Projects to Management
Learn to develop and deliver PowerPoint presentations.

Case Studies
Participants, working in teams, will analyze realistic oil, gas and power case studies drawn from the E&P, gas, downstream and chemicals sectors, make decisions on which projects to develop and present recommendations to the “Board.” Participants are encouraged to bring their laptop computers if available. Otherwise computers will be available for the use of small teams.