Department: PhD in Project Management
Module Description: This module covers the theoretical background and the different sources of project finance available for large-scale investments in residential, industrial commercial, development projects, joint venture and other alliances.
It develops a critical understanding of appraisal and selection of projects clearly focusing on the financial aspects in addition to evaluating the risks inherently present in such projects. The syllabus incorporates an introduction to project financing, analyses the risk and return dynamics carefully taking into account various factors that affect a project such as fluctuation in prices and the economic factors. It also covers discussion of different case studies applying real-option analysis and other techniques under different scenarios. Dispute resolution and its impact on project financing shall also be discussed with real-life cases in both local and multinational contexts.
Euston Q. and Raymond T. (2011). Cost-benefit analysis: cases and materials. London: Routledge.
Morrison, R. (ed.). (2012). The principles of project finance. Surrey, England: Gower.