372 Professional Development courses in Manchester

About this Virtual Instructor Led Training (VILT) The 5 half-day Piping Stress Engineering Virtual Instructor Led Training (VILT) course will systematically expose participants to: The theory and practice of piping stress engineering, with special reference to ASME B 31.1 and ASME B 31.3 Standards. The basic principles and theories of stress and strain and piping stress engineering, through a series of lessons, case study presentations, in-class examples, multiple-choice questions (MCQs) and mandatory exercises. Principal stresses and shear stresses which form the backbone of stress analysis of a material. Expressions for these quantities will be derived using vector algebra from fundamentals. Thermal stress-range, sustained and occasional stresses, code stress equations, allowable stresses, how to increase flexibility of a piping system, cold spring. The historical development of computational techniques from hand calculations in the 1950s to the present-day software. Training Objectives On completion of this VILT course, participants will be able to: Identify potential loads the piping systems and categorise the loads to primary and secondary. Determine stresses that develop in a pipe due to various types of loads and how to derive stress-load relationships, starting from scratch. Treat the primary and secondary stresses in piping system in line with the intent of ASME Standards B 31.1 and B 31.3 and understand how the two codes deal with flexibility of piping systems, concepts of self-springing and relaxation/shake down, displacement stress range and fatigue, what is meant by code compliance. Understand the principles of flexibility analysis, piping elements and their individual effects, flexibility factor, flexibility characteristic, bending of a curved beam and importance of virtual length of an elbow in the flexibility of a piping system. Learn stress intensification factors of bends, branch connections and flanges. Understand how the stresses in the material should be controlled for the safety of the piping system, the user and the environment. Examine how codes give guidance to determine allowable stresses, stress range reduction due to cyclic loading, and effects sustained loads have on fatigue life of piping. Confidently handle terminal forces and moments on equipment. Understand the supplementary engineering standards required to establish acceptance of the equipment terminal loads and what can be done when there are no engineering standard governing equipment terminal loads is available and learn the techniques of local stress analysis. Get a thorough understanding of the concepts and the rules established by the ASME B 31.1 and ASME B 31.3 Standards. Perform flange load analysis calculations based on Kellogg's Equivalent Pressure method & Nuclear Code method. Perform the same using a piping stress analysis software and check for flange stresses and leakage. Confidently undertake formal training of piping stress analysis using any commercial software, with a clear understanding of what happens within the software rather than a 'blind' software training and start the journey of becoming a specialist piping stress engineer.   Target Audience The VILT course is intended for: Recent mechanical engineering graduates who desire to get into the specialist discipline of Piping Stress Engineering. Junior mechanical, chemical, structural and project engineers in the industry who wish to understand the basics of Piping Stress Engineering. Engineers with some process plant experience who desire to progress into the much sought-after specialist disciplines of Piping Stress Engineering. Mechanical, process and structural engineers with some process plant experience who desire to upskill themselves with the knowledge in piping stress engineering and to become a Piping Stress Engineer. Any piping engineer with some pipe stressing experience in the industry who wish to understand the theory and practice of Piping Stress Engineering at a greater depth. A comprehensive set of course notes, practice exercises and multiple-choice questions (MCQs) are included. Participants will be given time to raise questions and participants will be assessed and graded based on responses to MCQs and mandatory exercises. A certificate will be issued to each participant and it will carry one of the three performance levels: Commendable, Merit or Satisfactory, depending on how the participant has performed in MCQs and mandatory exercises. Training Methods The VILT course will be delivered online in 5 half-day sessions comprising 4 hours per day, with 2 breaks of 10 minutes per day. Course Duration: 5 half-day sessions, 4 hours per session (20 hours in total). Trainer Your expert course leader is a fully qualified Chartered Professional Engineer with over 40 years of professional experience in Oil & Gas (onshore and offshore), Petrochemical and Mining industries in engineering, engineering/design management and quality technical management related to plant design and construction. At present, he is assisting a few Perth based oil & gas and mining companies in detail engineering, piping stress analysis, feasibility study and business development work related to plant design. He is a pioneer in piping stress engineering in Western Australia. His recent major accomplishments include the following roles and challenges: Quality Technical Support Manager of USD 54 billion (Gorgon LNG Project). This encompassed management of quality technical services connected with Welding, Welding Related Metallurgy, Non-Destructive Examination, Insulation /Refractory /Coating, AS2885 Pipelines Regulatory Compliance and Pressure Vessel Registration. Regional Piping Practice Lead and Lead Piping Engineer of Hatch Associates. In this role, he was responsible for providing discipline leadership to several mining projects for BHP Billiton (Ravensthorpe), ALCOA-Australia (Alumina), Maáden Saudi Arabia (Alumina), QSLIC China (Magnesium), COOEC China (O&G Gorgon). He was actively involved in the development of piping engineering practice in WA, including training and professional development of graduate, junior and senior engineers. This also includes the formation of the Piping Engineering Specialist Group. Lead Piping/Pipe Stress Engineer on ConocoPhillips' (COP) Bayu Undan Gas Recycle, Condensate production and processing platform. He was able to develop several novel design methodologies for the project and provided training to engineers on how to implement them. These methodologies were commended by COP and the underwriters of the project Lloyds Register of Shipping, UK. Creator of Piping Engineering Professional Course aimed at global engineering community. Professional Affiliations: Fellow, Institution of Mechanical Engineers, UK (IMechE) Fellow, Institution of Engineers, Australia (EA), National Register of Engineers (NER) Member American Society of Mechanical Engineers, USA (ASME) Honorary Life Member, Institution of Engineers, Sri Lanka (IESL)   POST TRAINING COACHING SUPPORT (OPTIONAL) To further optimise your learning experience from our courses, we also offer individualized 'One to One' coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster. Request for further information about post training coaching support and fees applicable for this. Accreditions And Affliations

Overview This course in Public Sector Accounting and Budgeting training seminar is designed to provide a comprehensive briefing on the fundamental principles and key functions in the continuously developing sphere of public sector finance. Non-financial public sector employees and managers are regularly required to both provide input to the budget process and respond to information presented in departmental financial reports.

This course is designed to provide operatives with thorough theory and practical training in the role of the piling rig attendant.

£ Enquire Focus Awards Level 4 Certificate in Education and Training (RQF) Brand new course coming soon Currently run via virtual classrooms Ask us for more information!

Overview The Equality and Diversity, Inclusion training focus on key areas where equality covers areas with people's rights and law covering diversity, handling and eradicating unlawful discrimination with the motive to have an efficient workflow environment. This is very challenging and requires a lot of knowledge, skills and understanding along with interpersonal skills to carry on Equality and Diversity.

Overview Consolidating a financial statement is very important and is one of the major tools to combine everything related to finance. This course is designed to deliver robust training on consolidated financial statements and prepare you in a perfect manner to directly implement at your workspace when you leave the training session  This course will provide you with all the skills required to understand accounting and financial statements in the organisation or local government. It provides complete coverage to all the areas of financial statements with in-depth knowledge of partnerships and fiduciary accounting.

Overview The most significant network between the organisation and their investors is Financial Statements and annual reports. It is very important to understand the role of these factors to have better communication channels. This course will give you intense knowledge to prepare financial statements according to International Financial Reporting Standards. IFRS regulates financial reporting standards and according to it the company's financial reporting should be transparent. Thus, if it is as per IFRS rules, its credibility can be trusted. It will also help to analyse the financial statement and annual reports. It will enable you to evaluate corporate accounts and make strong decisions and judgements about the company's status.

Overview With the major responsibility of managing finances, managers have also responsibilities to write and control budgets. They face a number of decisions that need planning and forecasting, especially preparing budgets. Using examples and exercises from the gas and oil industry, this course is designed to break down all sorts of financial restrictions in an informative yet engaging style. It will provide the necessary skills to develop efficient strategic planning, forecasting and budgeting processes. The main aim of the training is to enable the participants to understand the framework that builds strategies for annual budgets targeting efficient management and organisational performance. Our course will explain financial terms and budgeting tools in such a way that a financial professional or even a non-financial profession will be able to understand and relate to in their working environment. It will include a lot of examples, a budgeting format and case studies.

Organisational retreat, organisational seminar, executive development,

About this Virtual Instructor Led Training (VILT)  This 4 half-day Virtual Instructor Led Training (VILT) course will address a variety of contract and loan structuring issues associated with geothermal energy projects as well as comparison with solar, wind and battery storage. The course is designed to investigate how various project finance techniques and contract structures can be used to achieve a competitive power prices while maintaining a satisfactory equity return. Distinctive project finance features of power facilities that depend on geothermal, wind, hydro or solar resources will be evaluated with financial models. The course will cover economic analysis of exploration and development of geothermal facilities and how to incorporate probability of failure and success into an IRR framework. Subsequent sessions will address the theory underlying liquidated damages for delay, and performance as well as design of other incentives that is inherent in different contract structures. Nuanced project finance issues associated with structuring debt for renewable projects will be discussed including under what conditions the DSCR drives debt capacity and when the debt to capital ratio is instrumental. The course will be taught with a combination of theoretical discussions, term sheet review and focused financial models. Training Objectives Evaluation of the economic risks that arise from uncertainty associated with drilling exploration wells and development wells for geothermal projects. Analyse the theoretical issues with computing LCOE for geothermal projects compared to other renewable and non-renewable resources and the importance of cost of capital for renewable projects; Understand differences in contract structures for renewable projects and dispatchable projects and how a single price structure can distort incentives for efficient construction and operation; Understand components of financing that influence the bid price required to meet a required rate of return on equity and can result in relatively low prices with reasonable returns. Understand the importance of debt sizing constraints and what strategies are relevant when the debt to capital constraint applies relative to when the debt service coverage ratio drives the debt size; Understand how to compute P50, P90 and P99 for different projects driven by resource risk; Understand the difference between mean reverting resource variation and estimation mistakes that do not correct as the basis for 1-year P90 and 10-year P90. Understand under what conditions debt sculpting can affect returns and how synthetic sculpting can be used to increase returns when the DSCR constraint applies. Understand the theory of credit spreads, variable rate debt and interest rates in different currencies and compute the implied probability of default that in inherent in credit spreads. Understand how to evaluate the costs to equity investors and the benefits to lenders for various credit enhancements including DSRA accounts, cash flow sweeps and covenants. Course Level Basic or Foundation Training Methods The VILT will be delivered online in 4 sessions comprising 4 hours per day, with 2 breaks of 10 minutes per day, including time for lectures, discussion, quizzes and short classroom exercises. Trainer Your expert course leader provides financial and economic consulting services to a variety of clients, he teaches professional development courses in an assortment of modelling topics (project finance, M&A, and energy). He is passionate about teaching in Africa, South America, Asia and Europe. Many of the unique analytical concepts and modelling techniques he has developed have arisen from discussion with participants in his courses. He has taught customized courses for MIT's Sloan Business School, Bank Paribas, Shell Oil, Society General, General Electric, HSBC, GDF Suez, Citibank, CIMB, Lind Lakers, Saudi Aramco and many other energy and industrial clients. His consulting activities include developing complex project finance, corporate and simulation models, providing expert testimony on financial and economic issues before energy regulatory agencies, and advisory services to support merger and acquisition projects. Our key course expert has written a textbook titled Corporate and Project Finance Modelling, Theory and Practice published by Wiley Finance. The book introduces unique modelling techniques that address many complex issues that are not typically used by even the most experienced financial analysts. For example, it describes how to build user-defined functions to solve circular logic without cumbersome copy and paste macros; how to write function that derives the ratio of EV/EBITDA accounting for asset life, historical growth, taxes, return on investment, and cost of capital; and how to efficiently solve many project finance issues related to debt structuring. He is in the process of writing a second book that describes a series of valuation and analytical mistakes made in finance. This book uses many case studies from Harvard Business School that were thought to represent effective business strategies and later turned into valuation nightmares. Over the course of his career our key course expert has been involved in formulating significant government policy related to electricity deregulation; he has prepared models and analyses for many clients around the world; he has evaluated energy purchasing decisions for many corporations; and, he has provided advice on corporate strategy. His projects include development of a biomass plant, analysis and advisory work for purchase of electricity generation, distribution and transmission assets by the City of Chicago, formulation of rate policy for major metro systems and street lighting networks, advocacy testimony on behalf of low income consumers, risk analysis for toll roads, and evaluation of solar and wind projects. He has constructed many advisory analyses for project finance and merger and acquisition transactions. Lastly, our key course expert was formerly Vice President at the First National Bank of Chicago where he directed analysis of energy loans and also created financial modelling techniques used in advisory projects. He received an MBA specializing in econometrics (with honours) from the University of Chicago and a BSc in Finance from the University of Illinois (with highest university honours). POST TRAINING COACHING SUPPORT (OPTIONAL) To further optimise your learning experience from our courses, we also offer individualized 'One to One' coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster. Request for further information about post training coaching support and fees applicable for this. Accreditions And Affliations