WES Trainings

Prasanna - Financial Modelling & Decision Making

Course Outline

Day - 1

Day 1: Introduction to Financial Modelling

  • What is Financial Modelling?
    • Definition, purpose, and key components of financial modelling
    • Importance of financial models in decision-making and business strategy
    • Types of financial models: forecasting models, valuation models, and budget models
  • Introduction to Excel for Financial Modelling
    • Excel functions and shortcuts critical for building financial models (SUMIF, VLOOKUP, INDEX/MATCH, etc.)
    • Using Excel tools for financial analysis: pivot tables, charts, and conditional formatting
  • Key Financial Statements and Their Role in Modelling
    • Overview of the income statement, balance sheet, and cash flow statement
    • How these financial statements are used to build models and project future performance
Day - 2

Module 3: Operation of Amine Gas Sweetening Systems

  • Operating procedures and control strategies
  • Amine solution preparation and handling
  • Monitoring and controlling amine concentrations
  • Temperature and pressure control in the absorber and regenerator

Module 4: Introduction to Sulfur Recovery Processes

  • Overview of sulfur recovery and its significance
  • Basic principles of the Claus process and Tail Gas Treating (TGT)
  • Chemical reactions and thermodynamics of sulfur recovery
Day - 3

Module 5: Components of Sulfur Recovery Units (SRU)

  • Key components: reactors, condensers, reheaters, sulfur pits, incinerators
  • Process flow diagrams and equipment layout
  • Material and energy balances in sulfur recovery units
Day - 4
  • Module 6: Operation of Sulfur Recovery Units

    • Operating procedures and control strategies
    • Monitoring and controlling temperatures, pressures, and flows
    • Handling of sulfur and tail gases
    • Maintenance of sulfur recovery units

    Module 7: Troubleshooting and Maintenance

    • Common issues in amine gas sweetening and sulfur recovery systems
    • Diagnostic tools and techniques
    • Root cause analysis (RCA) for identifying underlying issues
    • Preventive and corrective maintenance strategies
Day - 5

Module 8: Safety and Regulatory Compliance

  • Safety protocols and procedures for gas sweetening and sulfur recovery
  • Hazard identification and risk assessment
  • Environmental regulations and compliance requirements
  • Personal protective equipment (PPE) and safety practices

Module 9: Case Studies and Best Practices

    • Case studies of amine gas sweetening and sulfur recovery operations
    • Best practices for optimizing processes and ensuring reliability
    • Lessons learned from real-world incidents and their resolutions
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