Project Financial Modelling

Project Financial Modelling Masterclass

Master Project Finance and AI-Assisted Modelling for PPPs and Infrastructure

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Platform:
Online
In-class
Date Venue Duration
23 - 27 November 2026 Sandton, Gauteng 5 Days

Course Introduction

The Project Financial Modelling interactive and comprehensive Masterclass explores PPP, project finance, relevant financial modelling and PPP project management and utilises case studies and exercises to illustrate the theory in practice. Further topics covered include how to make a PPP project work; how to model the role of debt, debt covenants, cash waterfalls, inter-creditor relations, restructuring and rescheduling of debt; how to model risk and the role of equity and its potential rewards. 

 

Delegates will gain a detailed understanding of project management, as well as a thorough background as to how project finance and PPP works, both from the strategic perspective of Government and from the standpoint of the numerous other participants, especially banks and the sponsors who are responsible for delivering the projects. With private finance increasingly being mobilised to deliver infrastructure projects in South Africa and the region, this Masterclass meets a real need. On completing the five-day Project Financial Modelling Masterclass, you will have built a fully functional financial model covering the period from the beginning of construction through to the end of the project’s operating period. 

Course Objectives

  • Understand how to put together a Project Finance transaction including the documentation required
  • Apply analytical strategies to assess the degree of risk and benefits of specific project financing
  • Read and understand project finance models built using best practice modelling standards, including how AI-assisted modelling tools are increasingly used to accelerate model construction and review
  • Create a dynamic, 3-financial statement model from a zero-balance sheet position
  • Apply your knowledge and understanding to the process of optimising a model to meet the requirements of key stakeholders in the project
  • Develop a checklist with take-aways for immediate application at your institution

Who should attend?

  • Chief Financial Officers and Finance Managers
  • Project Officers and Project Managers
  • Accountants and Business Managers
  • Bank Relationship Managers and SME Officers
  • Heads of Treasury and Chief Risk Officers
  • Risk Managers and Auditors
  • Professionals Who Need to Build, Modify, and Understand Financial Models Associated with Project Finance and Other Infrastructure-Related Transactions (Including PPP / PFI Projects)
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Training Methodology

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.

Training Outline

Foundations and Fundamentals
Module 1: Overview of Project Finance in Africa
  • What is Project Finance?
  • How does Project Finance create value?
  • Project evaluation
  • Stages in the deal
  • Industry players in Project Finance
  • Role of government in Project Finance
  • The growing role of green and sustainable infrastructure financing, including renewable energy and climate-resilient project structures, in the African project finance landscape
Case Study: Constraints on project finance in contemporary Africa. Group Discussion: the contribution of project finance to economic development in Africa. Group Exercise: Putting together a project finance deal.
Module 2: Funding, Project Finance Documentation & Risk Analysis
  • Sources of funding, including green bonds and sustainability-linked financing instruments increasingly used in infrastructure projects
  • Bank lending
  • Project Finance Documentation
  • Due diligence assessment and Risk
  • Analysing Risks
Group Exercise: Presenting a project finance proposal to a bank. Case Study: Infrastructure investment funds in Africa. Case Study: FIDIC contracts. Case Study: Evaluating a World Bank/IFC proposal.
Financial Modelling Core & Mechanics
Module 3: Introduction to Modelling
  • Introduction to the Case Study
  • How to build a financial model
  • Modelling standards
  • Excel shortcut tricks
  • AI-assisted modelling tools now used by project finance practitioners to accelerate model construction and support model review, alongside traditional Excel-based skills
  • Recap on common modelling functions
Module 4: Project Finance Theory
  • Increasing modelling productivity
  • Timeline development
  • Construction costs
  • Construction funding
  • Financing fees
Module 5: Modelling Financial Statements
  • Revenue and operating costs
  • Taxes
  • Working capital
  • CAPEX
  • Debt financing
  • Equity
  • Dividends
Ratios, Analysis & Advanced Modelling
Module 6: Project Financing Modelling Ratios
  • Cover ratios
  • Debt sculpting
  • Debt service reserve account
  • Maintenance reserve account
  • Revolver
  • Shareholder loans
  • Macros to break circularities
  • NPV
  • IRR
  • Scenario Analysis
Module 7: Advanced Project Finance Topics
  • Equity First Funding Method
  • Debt Sizing Macros
  • DSRA Macros
  • Scenario Analysis automation

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Success Stories

Discover how our courses enhance professionals’ effectiveness in their workplaces.

uMngeni-uThukela Water

IFRS Updates Trainings

What made the sessions exceptionally helpful was the deliberate focus on actionable strategies rather than just high-level concepts. The structured approach kept the content engaging. It was a highly impactful professional development experience.

Telekom Networks Malawi Plc

Financial Analysis, Modelling and Forecasting

It has been a really fruitful and helpful training. Many thanks to PROSPEN AFRICA and the facilitator Olufemi. This is definitely going to make my work life easier and meaningful.

Northam Booysendal Mine

Mastering Payroll Preparation, Analysis, and Management

The course really taught us deep in to Payroll and made us aware of things we were not aware of.

Telekom Networks Malawi PLC

Financial Analysis, Modelling and Forecasting

The training was very insightful and the facilitator was very engaging which made everything easier to understand and follow. It has really equipped us in our areas of lack and we feel confident now on our next assignments on forecasts and analysis

Magalies Water

GRAP training

The course was practical, informative and relevant

FAQs – Project Financial Modelling Masterclass

Develop project financial modelling skills covering financial forecasting, budgeting, investment analysis, scenario planning, valuation, and informed project decision-making.

What is covered in the Project Financial Modelling Masterclass?
The masterclass covers project finance, PPPs, financial modelling, funding structures, risk analysis, debt and equity, financial statements, valuation, scenario analysis and project finance ratios.
Who should attend the Project Financial Modelling Masterclass?
The course is designed for CFOs, finance managers, project officers and managers, accountants, business managers, bank relationship managers, treasury and risk professionals, auditors and professionals involved in project finance or infrastructure transactions.
Will I learn how to build a project financial model in Excel?
Yes. Participants learn how to build a dynamic three-statement financial model in Excel, including construction costs, funding, revenue, operating costs, taxes, working capital, debt, equity and dividends.
Does the course cover debt sizing and project finance ratios?
Yes. The programme covers cover ratios, debt sculpting, debt service reserve accounts, maintenance reserves, revolvers, shareholder loans, debt sizing and debt service modelling.
Does the Project Financial Modelling course cover risk and scenario analysis?
Yes. Delegates learn how to analyse project risks and use scenario analysis to assess different financial outcomes, optimise models and evaluate the potential risks and benefits of project financing.
Is the Project Financial Modelling Masterclass suitable for PPP and infrastructure projects?
Yes. The masterclass focuses on project finance and PPP transactions, with practical exercises covering infrastructure projects, project evaluation, funding, risk analysis and stakeholder requirements.

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