Course Details

Note: This programme is a 2-day practical workshop for candidates taking the ISCA Infrastructure & Project Finance Qualification (ISCA IPFQ). This programme is also open to participants who are interested in attending the workshop-only programme to meet their training needs. Do note that participants who registered for this programme are not eligible for the ISCA IPFQ after completion of the workshop. Should you be interested to pursue the ISCA IPFQ instead, please click here to find out more.

Programme Objective

To equip participants with a foundation of skills in risk analysis and mitigation as well as project finance.

Programme Outline

Topic 3: Risk Analysis and Mitigation

• Introduction to risk
  • Introduction to risks
  • Types and categories of risks
  • Risks at each stage of the project lifecycle
  • Examples of where risk has gone wrong
• Risk identification, assessment and risk register
  • Risk identification process
  • Purpose of a risk register and its contents
  • Qualitative assessment of materiality or significance
• Risk quantification
  • Introduction to risk quantification
  • Quantifiable and non-quantifiable risks
  • Methods of quantifying risk
• Risk allocation
  • Principles of risk allocation
  • Typical risk allocation for PPP projects
  • Risk allocation and risk transferring under PPP and PSC cases
  • Contractual mechanisms for allocating risk

• Risk management frameworks
  • Risk monitoring and reporting
  • Risk management and project governance

Topic 4: Project Financing

• Overview of project finance
  • Definition
  • Key characteristics

• Financing considerations
  • Sources of finance
  • Inter-creditor issues
  • Covenants
  • Role of credit rating agencies
  • Financing process and role of advisers

• Financing metrics
  • Basic financial metrics
  • Project metrics
  • Equity financial metrics
  • Debt financial metrics

• Credit analysis
  • Creditworthiness of projects
  • Risk assessment frameworks 
  • Credit enhancement
  • Security
  • Project evaluation

 

Training Methodology

Workshop with group discussions.
 
Closing Date for Registration

2 weeks before programme commencement or until full enrolment

Intended For

Individuals or existing infrastructure and project finance professionals who wish to gain a better understanding of infrastructure and project finance, including risk analysis and mitigation and project financing.

Programme Facilitator(s)