Discounted Cash Flow Methods - A Surveyor’s Guide
Discounted cash flows are used by most chartered surveyors whether involved in real estate, development projects or 'whole life' assessment of buildings.
This course will consider various issues including: When considering two projects, which is better - a high NPV or a high IRR? What is an appropriate discount rate?
It explains the theory behind using DCF methods, the advantages and shortfalls of the method and how the method can be used by the relevant surveying doctrines to assist with decision making.
Delegates will be shown how to prepare a basic DCF before going on to consider more complex examples and are recommended to bring laptops or tablets running a spreadsheet program with them to the seminar so that they can participate ‘hands-on’ with setting up their own discounted cash flows.
What You Will Learn
This course will cover the following:
- What is DCF?
- The difference between Net Present Value (NPV) and Internal Rate of Return (IRR)
- Why use DCF?
- What are the disadvantages of using such methods?
- Setting up a simple example using an Excel spread sheet
- More complex examples including calculations of worth, modelling choices for capital expenditure
Please let us know if you wish to be notified when new dates are added for this programme