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We are aiming for an incremental return to campus in accordance with guidelines provided by NSW Health and the Australian Government. Until this time, learning activities and assessments will be planned and scheduled for online delivery where possible, and unit-specific details about face-to-face teaching will be provided on Canvas as the opportunities for face-to-face learning become clear.

Unit of study_

PMGT5873: Project Economics and Finance

This course equips members of project management teams with information and tools to do financial appraisal and optimise decision making. It imparts basic knowledge and competencies required in project appraisal and financial management applicable to all sectors of industry and business. These include services, business investment, RandD, capital projects, local, state and national government departments and agencies. Topics include: Review of the Fundamentals of Project Economics and Financial Techniques; Implementation of Fundamental Principles including EUAC, NPV, IRR, B/C, Valuation, Depreciation, Replacement Studies and Life Cycle Costing; Development of Project Alternatives and Application of the Analysis Techniques; Sensitivity Analysis, Risk Analysis and Management; Project Funding and Selection; Project Appraisal Report.

Code PMGT5873
Academic unit Project Management
Credit points 6

At the completion of this unit, you should be able to:

  • LO1. demonstrate a working knowledge of the fundamentals of project economics and finance and practical understanding of the framework typically used to analyse proposals
  • LO2. demonstrate a working knowledge of the techniques for financial appraisal of projects in public and private sectors
  • LO3. demonstrate a working knowledge of the techniques for evaluating the various perspectives of stakeholders in relation to projects appraisal and development
  • LO4. demonstrate a working knowledge of valuation, depreciation and capitalisation methods
  • LO5. demonstrate a basic understanding of the various methods for life cycle cost determination and their application in capital asset renewal decisions
  • LO6. demonstrate a basic knowledge of unit cost determination in production ventures
  • LO7. perform multi-criteria analysis, using a variety of typical financial analysis techniques, for optimum selection and application of a given project appraisal to meet specific business objectives
  • LO8. analyse various funding options and their effective selection and management in order to ensure the project's business objectives
  • LO9. demonstrate financial modelling vis-a-vis strategic analysis techniques including development of a framework for sensitivity analysis such as risk identification, minimisation, allocation, documentation and management in economic appraisal
  • LO10. effectively manage selected project financial objectives incorporating economics and non-economic based project appraisal techniques during planning, implementation and operation phases of the project to ensure that the objectives are met or exceeded.

Unit outlines

Unit outlines will be available 2 weeks before the first day of teaching for 1000-level and 5000-level units, or one week before the first day of teaching for all other units.