CERTIFICATE IN PROJECT

FINANCE MODELLING
The complete course in
Project Finance modelling
“
I'm so grateful to receive a Certified
Project Finance Modeller designation!
For anyone interested in developing
transferrable analytical skills in
financial modeling, infrastructure,
energy, and project finance, I highly
recommend you check out the Project
Alex Martin
Finance Institute. Senior Associate
Grant Thornton
COURSE OVERVIEW

WHAT IS THE CERTIFICATE IN PROJECT FINANCE

MODELLING?
The CPFM course is the complete course in Project Finance
Modelling Training. Available on your terms.

Subscribe for just $99/ month for only as long as you need.

A subscription to the course includes:

✓ Complete training in all aspects of Project Finance
Modelling.
✓ Downloadable models and worked example files.
✓ Access to all course updates for as long as you remain a
member.
✓ Regular live Q&A classes and masterclasses.
✓ 10% off any other PFI training (After 3 months of
membership).
✓ The bonus ‘Effective Data Visualisation’ course.
✓ 10% off the final CPFM Professional Skills Assessment.
COURSE OVERVIEW

FINANCIAL MODELLING EXCELLENCE FOR

PROJECT FINANCE
Financial modelling is both a theoretical and a
practical skill set. The Certificate in Project Finance
Modelling programme develops both areas of
competence.

In order to help you master the skills of

Project Finance Modelling you’ll receive:

▪ Detailed expert tuition and example models.

▪ Regular live Q&A sessions with instructors.
▪ Modelling assignments throughout the course to
test progress.
▪ Final model audit with detailed personalised
feedback.*

*Optional final model audit. Requires additional

payment for the CPFM Professional Modelling Skills
Assessment.
COURSE OVERVIEW

PROJECT ANALYSIS
Project Finance modelling is not just about model
build skills. You also need a well-developed
analytical mindset.

In addition to practicing your model build skills,

you will be given regular analytical assignments.

These ensure that you can use your model to

answer critical commercial questions about
projects.

Successful completion of the analytical

assignments is a pre-requisite to passing
the course.
COURSE OVERVIEW

EFFECTIVE DATA VISUALISATION

This bonus-course on data visualisation is included
for free with your CPFM subscription.

Within this course, we explore key principles of data

visualisation that will, with a little study, improve
the way you present data.

We also run monthly visualisation challenges

throughout the year!

This course is designed to boost your presentations

and professionalise the look of your hard work.
PROGRAMME OUTLINE
Project Finance modelling is not just about model build skills. You also need a well-developed analytical mindset.

Project finance modelling – Project finance modelling –

part 1 part 2
• 1.1 Stages of a Project Finance deal • 2.1 Part 1 solutions
• 1.2 Model set up & timelines • 2.2 How to use Excel's probability
• 1.3 Sources and Uses of cash distribution functions to obtain P-values
• 1.4 Construction costs • 2.3 DSCR - base case, distribution lock
• 1.5 Construction financing up & default
• 1.6 Financial statements update • 2.4 Average DSCR
Kenny Whitelaw-Jones • 1.7 Debt sculpting & sizing revisited • 2.5 Loan Life Cover Ratio (LLCR)
Partner, Gridlines • 1.8 Equity returns revisited • 2.6 Project Life Cover Ratio (PLCR)
Co-founder, Project Finance Institute • 1.9 Pre-funding working capital • 2.7 Average cost of debt
• 1.10 Model optimisation • 2.8 Weighted Average Loan Life
Kenny has spent the last 18 • 1.11 Assignment: Impact of • 2.9 Debt capacity revisited
years in financial modelling both
in delivery of financial modelling development fee on tariff • 2.10 Equity bridge loan
assignments with top tier • 1.12 Assignment: Analysis • 2.11 Modelling multiple tranches of debt
accounting firms and in training • 1.13 Shareholder loans • 2.12 Solving P50 vs P90
of financial modelling • 1.14 Debt service reserve account • 2.13 Mini-perm debt modelling
professionals. Kenny is also the • 2.14 Swap pricing
co-founder of the Project • 2.15 Advanced accounting and tax
Finance Institute and workshop modelling
leader.
PROGRAMME OUTLINE
Case Studies & Final Test – part 3 Effective Data Visualisation:
• Multiple practice case studies • Step 1. Understand your audience
• Final case study model subject to full model audit • Step 2. Organise your ideas
• Detailed personalised feedback • Step 3. Choose effective visuals
• Rework undertaken where required • 3.1 Understanding visual hierarchy
• 3.2 Effective table design
• 3.3 Form follows function - choosing the best chart type
• 3.4 Pie charts are the devil. Donut charts are not much better
• Step 4. Achieving visual order
• 4.1 Thinking with our eyes - experiment
• 4.2 Thinking with our eyes - iconic vs working memory
• 4.3 Pre-attentive visual processing - experiment
• 4.4 Pre-attentive visual processing - elements of form
• 4.5 Gestalt principles of visual perception
• 4.6 Achieving visual order walkthrough - scatterplot
• 4.7 Achieving visual order walkthrough - line graph
• 4.8 Achieving visual order walkthrough - vertical bar chart
• Step 5. Focus attention
• Wrap up & next steps
• Reading list
• Data visualisation challenge 1
CPFM ACCREDITATION

CPFM PROFESSIONAL MODELLING SKILLS

ASSESSMENT
Be recognised for your skills.

Take the Certificate In Project Finance Modelling

Professional Skills Assessment.

The training you receive as part of your subscription

will prepare you for taking the CPFM Professional
Modelling Skills Assessment.

The assessment costs US$650.

Students wishing to take the CPFA programme after

having completed the CPFM Professional Modelling
Skills Assessment will have the fee of USD 650
deducted from the cost of the CPFA programme.
APP BASED LEARNING
COMMUNITY
All our courses can be accessed via a web browser or in our
custom-made app, available for iOS and Android.

Within the app you can:

• Access the latest course materials and feedback on the

go

• Be part of a closed discussion group with fellow students

• Access exclusive member only events

• Connect with other project finance and infrastructure

professionals
Ready to get started?

Join the most comprehensive Project Finance

Modelling Training.

Available on your terms.

Join CPFM
Or register for one of our upcoming CPFM Q&A sessions!

RSVP for an upcoming live Q&A session