This training programme will enable you to: • understand the practical use of financial information • deliver on key performance measures • make quality business decisions under uncertain conditions • develop profitable contracts • ensure customers pay on time • improve the financial performance of your part of the organisation

This course is designed for business development staff, project managers, asset managers, and operational staff in oil related service companies.

• Service Company Goals & Objectives
• Income Statements & Measures of Earnings – EBIT & EBITDA
• Balance Sheets & Measures of Financial Strength – ROI & Debt ratios
• Working Capital – Measuring & Controlling receivables, payables and inventory
• Cash Flow – Measures & Control
• Key Performance Indicators
• Inventory Measurement & Management
• Cost Structures – Fixed & Variable
• Break Even Analysis
• Margin Improvement
• Margin or Market Share – Can we have both?
• Financial Planning
• Investment Appraisal
• DCF analysis & Economic Measures of Project outcomes – NPV, PI, IRR, Payback
• Economic Models & Spreadsheet design
• Rental Pricing for Profits
• Preparing convincing Project Proposals
• Project Uncertainty, Risk and Management