PM05-Project Breakeven Analysis

Understanding when a project will become profitable is crucial for effective financial planning and risk assessment. The “Project Breakeven Analysis” course, led by Ir Prof Alan Lam at Gravity Academy, equips participants with critical analytical skills to determine the breakeven point of their projects and make informed financial and strategic decisions.

Course Overview

This comprehensive course is designed for project managers, business analysts, and financial planners. It covers the fundamentals of breakeven analysis, including cost identification, pricing strategies, and the impact of market dynamics. Participants will learn how to apply these insights to assess project viability and optimize financial outcomes.

The Curriculum

The curriculum is structured into twelve detailed modules, each focusing on essential aspects of breakeven analysis:

1. Introduction to Breakeven Analysis and Its Purpose: Exploring the concept of breakeven analysis and its critical role in project management and financial planning.
2. Calculating Fixed and Variable Costs: Techniques to accurately identify and calculate fixed and variable costs associated with a project.
3. Determining the Breakeven Point for Project Viability: Step-by-step approach to calculating the breakeven point to assess project viability.
4. Pricing Strategies and Their Impact on Breakeven: Analyzing how different pricing strategies affect the breakeven point and overall profitability.
5. Using Breakeven Analysis to Make Informed Decisions: Application of breakeven analysis in decision-making processes to enhance financial and operational decisions.
6. Sensitivity Analysis in Breakeven Calculations: Employing sensitivity analysis to understand how changes in cost or pricing affect the breakeven point.
7. Scenario Planning and Breakeven Analysis: Integrating scenario planning with breakeven analysis to prepare for various business situations.
8. The Role of Economies of Scale in Breakeven: Exploring how economies of scale impact cost structures and breakeven points.
9. Impact of Market Changes on Breakeven Points: Examining how shifts in the market can influence breakeven analysis outcomes.
10. Breakeven Analysis as a Tool for Risk Assessment: Utilizing breakeven points to assess financial risks and project sustainability.
11. Breakeven Analysis in Multi-product Projects: Techniques for conducting breakeven analysis in projects involving multiple products or services.
12. Long-Term Financial Planning beyond Breakeven: Strategies to use breakeven analysis for more extensive financial planning and growth projection.

The Instructor

Ir Prof Alan Lam is an expert in financial analysis and project management with a robust academic background and extensive industry experience. His practical approach to teaching enables participants to apply course concepts directly to real-world scenarios.

Why Choose This Course

This course is essential for professionals who need to:

• Understand financial thresholds for project success.
• Make informed strategic decisions based on financial data.
• Enhance their ability to assess and manage financial risks.

What Will You Obtain

Participants will receive:

• A certificate of completion from Gravity Academy, signifying their expertise in breakeven analysis.
• The skills to perform detailed financial analyses that determine project viability.
• Enhanced capability to forecast and plan for financial outcomes in various market conditions.

Suitable Candidate

This course is ideal for:

• Project managers and business analysts who are involved in project planning and financial forecasting.
• Financial officers and consultants looking to deepen their understanding of financial analysis tools.
• Entrepreneurs and business owners who need to evaluate the financial viability of new projects or expansions.