Overview
Prof Helmut Koerber, Senior Consultant and CEO of APC Angewandte Physik Consulting AG, Switzerland and a lecturing professor at University of Furtwangen (HFU), Germany visited the Wessex Institute to present a three-day course on Project Economic Evaluation and Financial Modelling to a group of participants from Italy, South Korea and the UK. The course was aimed at all those who want to demonstrate and prove that the implementation of a good technical project is also financially advantageous. The participants learnt how to demonstrate the financial feasibility of their project through a step-by-step approach and various hands-on exercises of real projects.
Course Programme
Over three days, the course provided a comprehensive exploration of economic and financial calculations. It began with foundational concepts, such as the basics of economic calculations and the cost side of a project. Participants then examined cost comparison calculations, investment costs, and the various incomes and returns a project might generate. The sessions also covered the critical role of databases in financial project calculations and introduced dynamic methods to enhance these analyses.
As the course progressed, participants delved into more advanced topics, including the calculation of Net Present Value (NPV) and the comparison of projects under different financial aspects. The Internal Rate of Return (IRR) was thoroughly explored, along with techniques for financial risk assessment of a project. The course concluded with a summary and an engaging discussion, allowing participants to consolidate their understanding and address any remaining questions.
Presenter
Prof Helmut Koerber, Dipl-Physiker (MSc), Dr (PhD) of Engineering is a Senior Consultant and CEO of APC Angewandte Physik Consulting AG, Allschwil, Switzerland, and a lecturing professor at University of Furtwangen (HFU), Black Forest, Germany, previously also at HTW University of Berlin. He has been advising companies, governmental authorities and NGOs in matters of energy efficiency, risk and safety, prevention of industrial accidents as well as environment protection - in all cases financial feasibility analyses included. His main research focuses on biomass to energy technologies, Critical Infrastructures (Crit-Is) with an emphasis on security of electricity supply, and core melting in light water reactors providing fundamental insight into the Fukushima accident long before it occurred.
In his many years of working all around the globe (North and Latin America, Europe, Middle East, South and Southeast Asia, Pacific, Africa), Helmut gained comprehensive professional experience through a wide variety of projects (power plants, chemical, textile and agro industry, waste incineration, refineries, mining) as well as through training post graduates. He is a highly successful lecturer for both engineers and non-technical professionals. As such he has provided more than 100 courses.
For further information and details of the next event please contact:
Jane Chantler
Wessex Institute
Ashurst Lodge, Ashurst
Southampton, SO40 7AA
Tel: 44 (0) 238 029 3223
Fax: 44 (0) 238 029 2853
Course Photos
Wessex Institute