This course is part of the Managing Major Engineering Projects Specialization

4.8
stars
171 ratings

Dr Giorgio Locatelli

5,078 already enrolled

Offered By

Managing Major Engineering Projects SpecializationUniversity of Leeds

About this Course

8,141 recent views

To successfully lead major projects you have to understand typical investor and project financing approaches. In this course, you’ll learn to interpret some key contractual instruments that are relevant for the financing of major engineering projects so that you are in a position to ensure the financially secure delivery of your project. You’ll explore the concept of “time value of money” and be able to compute key indicators such as “Pay-back time”, “Net Present value” and “Internal Rate of Return”.
You’ll identify common stakeholder and management approaches, and be able to implement key messaging, taking accurate requirements and manage expectations.

Through real-life case studies you’ll identify appropriate best practice related to governance, execution strategies, requirements management, procurement, asset and risk management and organisational design and development for the successful delivery of large engineering projects. 

This course explores concepts analysed in the University’s Online MSc in Engineering Management. If you are interested to develop your skills further, take a look at our online degree.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Course 3 of 3 in the

Managing Major Engineering Projects Specialization

Flexible deadlines

Reset deadlines in accordance to your schedule.

Intermediate Level

This course is ideal for graduates from engineering, science and other numerate subjects or for professionals with relevant work experience.

Approx. 21 hours to complete

English

Subtitles: French, Portuguese (European), Russian, English, Spanish

What you will learn

Understand major project financing and key financial indicators used in major project finance

Identify the key investors in major projects

Explore different approaches to project contracting and earn how to ensure successful project initiation

Understand how to assess an organisation's capabilities

Skills you will gain

Project ManagementFinance

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Course 3 of 3 in the

Managing Major Engineering Projects Specialization

Flexible deadlines

Reset deadlines in accordance to your schedule.

Intermediate Level

This course is ideal for graduates from engineering, science and other numerate subjects or for professionals with relevant work experience.

Approx. 21 hours to complete

English

Subtitles: French, Portuguese (European), Russian, English, Spanish

Instructor

Instructor rating

4.78/5 (34 Ratings)

Dr Giorgio Locatelli

Lecturer of Infrastructure Procurement and Management

School of Civil Engineering

18,590 Learners

3 Courses

Offered by

University of Leeds

Established in 1904, the University of Leeds is ranked in the top 10 universities in the UK, globally renowned for its excellence in teaching and quality of research. Our academic expertise and the breadth of disciplines we cover, provides a wealth of opportunities and has real impact worldwide.

Syllabus - What you will learn from this course

Week

Week 1

4 hours to complete

Financing and initiating major engineering projects

4 hours to complete

1 video (Total 2 min), 20 readings, 3 quizzes

1 video

Introduction from Giorgio2m

20 readings

Welcome to Financing and initiating major projects5m

Introduction10m

Research and further reading10m

Lesson summary1m

Lesson overview1m

Economic equivalence5m

Quiz introduction1m

What is actualisation and capitalisation?5m

Time value of money: a practical example5m

Quiz introduction1m

Lesson summary1m

Lesson overview1m

What is payback time?10m

Payback time calculation10m

Net present value10m

Net present value calculation15m

Internal rate of return5m

Internal rate of return calculation10m

Quiz introduction1m

Lesson summary1m

3 practice exercises

Economic equivalence practice10m

Actualisation and capitalisation practice30m

Test your understanding30m

Week

Week 2

4 hours to complete

Financing, investors and contracting

4 hours to complete

1 video (Total 8 min), 14 readings, 1 quiz

1 video

Financing approaches8m

14 readings

Welcome to the week1m

Lesson overview1m

Who invests in major engineering projects?10m

Credit enhancement5m

Lesson summary1m

Lesson overview1m

Contracting instruments15m

Case study: Andasol solar power station15m

Lesson summary1m

Lesson overview1m

Critical analysis1h

Lesson overview1m

Writing your reflections30m

References2m

1 practice exercise

Developing critical analysis skills30m

Week

Week 3

4 hours to complete

Project initiation and delivery models

4 hours to complete

1 video (Total 10 min), 19 readings, 2 quizzes

1 video

Overview of major project initiation: A UK public sector perspective9m

19 readings

Welcome to the week1m

Lesson overview1m

What is the line of sight?5m

Benefits mapping: creating a benefits map5m

Five case model5m

Case Study: The new crossing for the River Ziff15m

Lesson summary1m

Lesson overview1m

Execution strategy10m

Delivery models5m

The strategy spectrum5m

What is fit for purpose?5m

Socio-technical hexagon30m

Being fit for purpose checklist5m

Lesson summary1m

Lesson overview1m

Your research task10m

What is peer review?10m

References2m

Week

Week 4

4 hours to complete

Delivery capability and alignment

4 hours to complete

3 videos (Total 35 min), 13 readings, 1 quiz

3 videos

The Project Initiation Routemap part 15m

The Project Initiation Routemap part 25m

Interview with Dr Lorraine McDermott24m

13 readings

Welcome to the week1m

Lesson overview1m

Root causes of underperformance30m

Assessing the delivery environment and delivery capability10m

Lesson summary1m

Lesson overview1m

Best practice and aligning for project success5m

Case study: Crossrail15m

Quiz introduction1m

Expert interview: Dr Lorraine McDermott2m

Lesson summary1m

Writing your reflections30m

References2m

1 practice exercise

Test your understanding30m

Reviews

4.8

38 reviews

5 stars
82.55%
4 stars
11.62%
3 stars
5.23%
2 stars
0.58%

TOP REVIEWS FROM FINANCING AND INITIATING MAJOR ENGINEERING PROJECTS

by VBMay 5, 2020

This course has covered many aspects of financing to which i was unknown. It has helped me to work on my weaker side and concepts that will surely help me to progress in the future to come !

by SAMay 29, 2020

It was a great learning experience throughout the course, The reading assignments provided are exceptional and very easy to understand.

by RSApr 1, 2019

Highly recommended course for understanding the financing and initiating of engineering projects. Taught by industry experts

by SPApr 29, 2020

learned alot about all the information which is given by the author.i am happy to do this course,

View all reviews

About the Managing Major Engineering Projects Specialization

Accelerate your career by improving your project management skills. This Specialization delivers a rigorous exploration of the best practices for planning and delivering these major engineering projects. You’ll learn about the measures of success, how to resolve challenges of governance and typical financing approaches of these projects.

If you are an engineer or a project manager and you aspire to get involved with major engineering projects, or you are already working on one, then this Specialization is for you. Master your project management skills and prepare to develop your career in engineering. This specialization is based on content from the Online MSc in Engineering Management. If you interested to develop your career further, take a look at our online degree.

Frequently Asked Questions

When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
Yes, Coursera provides financial aid to learners who cannot afford the fee. Apply for it by clicking on the Financial Aid link beneath the "Enroll" button on the left. You'll be prompted to complete an application and will be notified if you are approved. You'll need to complete this step for each course in the Specialization, including the Capstone Project. Learn more.

More questions? Visit the Learner Help Center.

Financing and Initiating Major Engineering Projects