Sumários
Chapter 2 – Investment and Entrepreneurial Strategy
22 Fevereiro 2017, 10:30 • Elsa Fontainha
Chapter 2 - Investment and Entrepreneurial Strategy
Strategy Tools (partial): General (SWOT Analysis; Porter Analysis) and Specific (Experience Curve, BCG Matrix and Product or Sector Life Cycle).
Examples of BCG Matrix. Case Study: Blockbuster (video/DVD/game rental shops) and the five forces of Porter.
Next class: Entrepreneurial Strategy (cont.)
Chapter 1 (cont.)
20 Fevereiro 2017, 11:00 • Elsa Fontainha
Project Appraisal and Cash Flows (Cash Flow (Operational) and Free Cash Flow)
Net Present Value (NPV)
Discount Coefficient
Case Study:
Calculation of the Free Cash Flow Discounted (Present value of FCF for each year)
Calculation of the Discount Coefficient (2 ways of calculation in excel)
Calculation of te NPV of the project (considering a duration of 10 years).
Calculation of NPV for different required rates of return (k)
Calculation of the Internal Rate of Return (IRR) (with and without Financial Functions Excel Tools)
Concept of NPV and IRR, uses and limits.
Payback Period of the Project (introduction)
Chapter 1 Project Appraisal Concepts
15 Fevereiro 2017, 10:30 • Elsa Fontainha
Business Plan and Project Appraisal
Project Financials. Five basic inputs (Revenue, Costs, Taxes and Royalties, Capital Expenditure, Working Capital)
Case Study: Santa Clara Hydroelectric Power Scheme
-Main assumptions
-Preparation of Project Financials
-Projected values (Revenue, Costs, Taxes and Royalties, Capital Expenditure, Working Capital), first 10 years of the project.
-Cash Flow (operational) and Free Cash Flow
-Table with Project Financials (practical exercise in excel file)