Commercial Acumen
Course Duration:
1 Day
Location:
Classroom-Based
Course Dates & Pricing:
Please register your interest for information on next available dates and pricing information
Course Aim:
The aim of this programme is to build the commercial awareness of participants, enabling them to make informed decisions that support organisational performance. Learners will develop an understanding of how choices made within their role impact cost, value, profitability, and long-term business outcomes.
Course Objectives:
- Explain the importance of commercial acumen and its contribution to organisational success
- Describe key elements of capital investment, including capital costs, depreciation, expenses, lifecycle costing, and the financial implications of business decisions
- Calculate and interpret common investment appraisal measures such as Return on Investment (ROI), Payback Period, and Net Present Value (NPV)
- Understand the structure and components of a Profit and Loss Account (P&L), including revenue and cost classification
- Calculate gross and net profit and draw insights from a P&L to support better business decisions
- Provide a high-level interpretation of a Balance Sheet and understand its relevance to organisational stability and performance
- Use a Business Scorecard to understand how financial and non-financial factors influence performance across operations and projects
Target Audience
This programme is designed for individuals who want to enhance their commercial awareness and improve their ability to make informed decisions that positively impact organisational performance. It is suitable for engineers, leaders, project managers as a finance for non-financial personnel.
Interested in taking this course?
Get all the details from course structure to assessment criteria by downloading the full course guide.