
This is an approach on how to justify investments in occupational disease and accident prevention projects based on economic and financial indicators. This course teaches how to build the financial structure of the investment project, how to calculate the economic indicators of the investment project, how to analyze the economic viability of the project, and how to assess the consistency of estimative of investments, costs, gains, and expense reduction. The course presents a case study of an investment in occupational noise reduction in an industrial unit, demonstrating the use of indicators in the economic feasibility analysis of the investment project.
The Course consists of 3 Modules with the following approach:
Module I - Concepts of Financial Mathematics with 5 lessons.
Module II - Notions about economic evaluation of investment projects in 8 lessons.
Module III - Case study of an investment project in occupational noise reduction in 6 lessons.
In each module you will have access to the file with all slides presented and discussed in the videos of that module. Thus, you will have a source of consultation to carry out the proposed exercises and even build your own evaluation of an investment project.
At the end of each module you can practice the knowledge of the module using an exercise book. Once the exercises are complete, you will have access to the file with their solution as a way to guide your learning.
Although we have directed the cost to economic evaluation of investments in projects to prevent accidents and occupational diseases, its content prepares you to economically evaluate any investment project, of any kind of approach.
In this class you will be able to assimilate that money has temporal value, which means the concept of inflation, interest and interest rate.
This lesson discusses the definition of interest types (Simple Interest, Compound Interest and Bank Interest) and teaches how to calculate them.
Sometimes we deal with interest in different periods of time. This module teaches the relationship between these periods and how to convert an interest rate from one period to another: Annual, Semiannual, Quarterly, Monthly, Weekly and Daily.
You will know that the interest we deal with, called nominal interest, incorporates inflation. And you'll know how to separate one from the other and also how combine them.
We saw in the first class that money has temporal value. This lesson teaches you how to convert a future amount to a present value and also to convert present value to a future value.
This lesson teaches what a standard cash flow is and what are the elements that compose it, describing and characterizing each of them.
In this lesson you will learn how to represent a cash flow.
This and the next classes you will know the most used indicators to economically evaluate an investment as well as its viability. In this lesson specifically you will know what is the Minimum Attractiveness Rate of an investment project and how to define it.
The net present value of a cash flow is one of the indicators used for economic evaluation of an investment project. In this lesson you will learn how to calculate this indicator. To calculate it is necessary understand and calculate the net value of a cash flow and also the present value of a cash flow. In this lesson you will see how they are obtained.
This lesson is dedicated to defining the concept of the Internal Rate of Return of a cash flow and how to calculate this rate. This is another important economic indicator also known as ROI – Return Of Investment.
In this class you will know the meaning and definition of the economic indicator Time of Return on Investment in a cash flow analysis, as well as calculate this indicator. This indicator is also known as Pay Back Time.
The equivalent annual cost is a specific indicator for investment feasibility analysis when you have different alternatives to invest. In this lesson you will learn the meaning of this indicator and how to calculate it.
As a way to consolidate the knowledge about the application of the Equivalent Cost indicator, we will exercise its application by doing an investment analysis by using this indicator, which is the content of this class.
In this class you will know the object project of the case study. The project itself will be described and the premises and consequences of the implementation of the project will be mentioned in terms of health and safety impacts at the plant. The project is the enclosure of engines inside one factory to attenuate noise in the environment as a way to prevent occupational hearing loss.
Knowing the project and its consequences, we will dedicate this lesson to the transformation of data into monetary values. That is, calculate the gains and savings provided by attenuation of noise in the factory according to the premises of the project being evaluated.
This class is dedicated to the construction of the cash flow of the project under evaluation. You'll learn how to build cash flow based on calculations made of gains and savings provided by the project as well as using estimated investment data and maintenance costs.
Based on the learning of modules I and II, in this lesson we will calculate the economic indicators of the project's cash flow under evaluation. So you will see how calculate Pay back time and ROI – Return Of Investment.
In this lesson you will learn how to analyze the results of the calculated indicators to assess the economic viability of the investment project.
The aim of the lesson is to show how to evaluate the economic sensitivity of an investment. It is as if it were a risk analysis of the investment project from the economic point of view. This analysis is useful for you to identify the most vulnerable cash flow data and be able to ensure that the assumptions are consistent or even understand the economic flexibility of the investment project.
The course will prepare you to prepare an economic and financial study of a project to prevent accidents or occupational diseases. The course is made up of three modules divided into 19 classes. Module I addresses the concepts of financial mathematics as a preparatory way for module II. Module II addresses the elements and economic indicators for evaluating an investment project. Module III presents a case study, applying the concepts learned in modules I and II to evaluate an investment project in a factory, with the objective of reducing occupational noise and thus preventing hearing loss. With this knowledge you will be able to propose investment alternatives in accident prevention using economic indicators, which is the language understood by decision makers when allocating resources for investment. To consolidate the knowledge acquired in this course, you will need to practice. Therefore, upon completing the course, choose a problem in your company and apply the knowledge acquired to propose solutions and evaluate how viable the proposed investment is. One of the success factors of an economic analysis is collecting data and converting losses and gains into money. If this is not done with discretion and assertiveness, the result of your analysis may not be real. When concluding a proposed investment after an analysis, it is important to revisit the analysis and compare the predicted results with those that actually occurred. This is a way for you to continuously improve your skills.