The Institute for Public-Private Partnerships (IP3) and the Water, Engineering, and Development Centre of Loughborough University (WEDC) offer Four(4) professional certification programs for qualified individuals:

  • Certified Public-Private Partnership Specialist™
  • Certified Regulation Specialist™
  • Certified Utility Management Specialist™
  • Certified Project Finance Specialist™


Who should Become Certified?

  • National, State, or Local Government Officials responsible for planning, managing, and monitoring public-private partnership programs in the water, energy, transportation, telecommunications, sanitation, information technology, or any other public service area.
  • Bankers and Financiers involved in sponsoring and financing public-private transactions programs in all sectors.
  • Executives and Managers involved in developing and operating public-private partnership projects for corporations or on behalf of government.
  • Agency Officials responsible for planning and financing public-private partnerships programs.
  • Consultants, Professors, and other Professionals responsible for providing advice and technical assistance to public and private sector clients on the planning and management of public-private partnership.
    1. Enhance Job-Related Skills for Professional Career Advancement
      The professional certification is geared towards both short-term and immediate job skills enhancement and long-term career development. By obtaining a "Professional Certification," you will have the requisite expert skills set to provide top quality services to your institution and be recognized internationally as a specialist in your field.
    2. Practical and Convenient Course Scheduling for Busy Professionals
      Our courses are offered in locations worldwide and are conducted in convenient one-to-three week time periods. Our online courses allow participants to take courses "any place and any time." This allows for maximum concentration on the course subject matter without significant time away from the office.
    3. Work With and Be Qualified to Join Our Distinguished Faculty
      IP3 and WEDC faculty are selected and retained based on two premises: their practical work experience in the appropriate subject matter and their ability to teach and communicate in an adult learning environment. All of our faculty have hands-on, practical experience and all have extensive teaching capabilities. Once certified, all graduate become eligible to join the global faculty as a resource in future IP3/WEDC/LU programs.
    4. Global and Comprehensive Knowledge
      The partnership between IP3 and WEDC/LU spans five continents, over 200 countries, thousands of alumni, and scores of project activities. There is no greater leadership in the fields of PPPs, Utility Management, Regulation, Project Finance and Governance.

There is no cost to enter our certification programs. Participants must be mid-career professionals holding a bachelor’s degree (or equivalent) with a minimum of two years professional experience. Participants must complete 24 Continuing Education Units (CEUs) and a final essay or multiple choice examination to be eligible. Those participants who have received previous training or relevant work experience in some aspect of public-private partnerships, utility management, project finance, or regulation may be eligible for CEU credit. Please contact Nicholas Carreiro at This email address is being protected from spambots. You need JavaScript enabled to view it. for more details.

 

The Institute for Public-Private Partnerships (IP3) and the Water, Engineering and Development Centre of Loughborough University (WEDC/LU) offer a joint Certified Public-Private Partnership Specialist™ Certification program.

 

Public-private partnerships worldwide are being used as a sustainable solution to the challenge of economic development. As more and more governments, private enterprises, and financial institutions, become involved in structuring or implementing public-private partnership models in a variety of sectors, the need to develop the skills and experience of individuals involved in this process becomes paramount.

 

To ensure that the professional capacity of the individual practitioners involved in structuring and implementing public-private partnerships is of the highest quality and consistency, IP3 and WEDC/LU have created a Certified Public-Private Partnership Specialist™ program. The goal of this professional certification program is to create a world class standard in public-private partnership skills development and to provide participants who complete the requirements of the program with a comprehensive and internationally recognized certification in the technical and managerial aspects of public-private partnerships and their successful implementation.

 

Since its founding in 1994, IP3 has been a global leader in public-private partnership training, research, and consulting, having trained tens of thousands of participants from over 175 countries worldwide. Through both professional development courses and their Masters programs in the municipal/urban services, engineering, and environmental sectors, WEDC/LU is a leader in the United Kingdom and elsewhere on public-private partnership training and research in municipal/urban services and the environmental sector. The combined experience and leadership of these two institutions in the field of public-private partnerships is unparalleled, and the knowledge gained from participants by achieving the professional certification will have global reach.

 

The Institute for Public-Private Partnerships (IP3) and the Water, Engineering and Development Centre of Loughborough University (WEDC/LU) offer a joint Certified Regulation Specialist™ program.

 

Regulation is increasingly being used throughout the world as a way to effectively oversee the quality and price of competitively provided services, monitor the actions of utilities, provide consumer protection, and create communication channels with all stakeholders. As more and more national, state, and local governments turn to regulations to monitor their electric, water, transportation, telecommunications, and municipal sectors, the need to develop the skills and experience of individuals involved in this growing industry becomes paramount.

 

To ensure that the professional capacity of the individual practitioners involved in regulation design, management, and implementation is of the highest quality and consistency, IP3 and WEDC/LU developed the Certified Regulation Specialist™ program. The goal of this professional certification program is to create a world class standard in regulatory skills development and to provide participants who complete the requirements of the program with a comprehensive and internationally recognized certification in the technical and managerial aspects of regulation in a variety of sectors and the successful management and oversight of nascent regulatory bodies.

 

Since its founding in 1994, IP3 has been a global leader in regulation training, research, and consulting, having trained thousands of participants from over 175 countries worldwide. Through both professional development courses and their Masters programs in the municipal/urban services, engineering, and environmental sectors, WEDC/LU is a leader in the United Kingdom and elsewhere on integrating regulatory concepts into municipal/urban services and the environmental sector. The combined experience and leadership of these two institutions in this sector is unparalleled, and the knowledge gained from participants by achieving the professional certification will have global reach.

 

The Institute for Public-Private Partnerships (IP3) and the Water, Engineering and Development Centre of Loughborough University (WEDC/LU) offer a joint Certified Utility Management Specialist™ program.

 

Utilities worldwide are under pressure to cut costs, raise revenues, improve operations, and expand service delivery. As a result, electricity, water and sewerage, telecommunications, transportation, and municipal services utilities all face the challenge as if operating in a commercial environment. Whether publicly- or privately-owned, utilities must face this challenge and develop strategies and plans to improve their overall competitiveness. The need to develop the skills and experience of individuals involved in this process becomes paramount.

 

To ensure that the professional capacity of the individual practitioners involved effective and commercially oriented utility management is of the highest quality and consistency, IP3 and WEDC/LU have created a Certified Utility Management Specialist™ program. The goal of this professional certification program is to create a world class standard in utility management skills development and to provide participants who complete the requirements of the program with a comprehensive and internationally recognized certification in the technical and managerial aspects of competitive utility management.

 

Through both professional development courses and their Masters programs in the municipal/urban services, engineering, and environmental sectors, WEDC/LU is a leader in the United Kingdom and elsewhere on utility management strategies, operations, and planning training and research. Since its founding in 1994, IP3 has been an important contributor to utility management reform training, research, and consulting, having trained thousands of participants from over 175 countries worldwide. The combined experience and leadership of these two institutions in the field of utility management and reform is unparalleled, and the knowledge gained from participants by achieving the professional certification will have global reach.

 

According the World Economic Forum, over US$ 2 trillion dollars are needed every year for the next decade for global infrastructure investment in energy, water, transportation, telecommunications, mining, and municipal service delivery. This works out annually to over $400 billion for Africa, $500 billion for Asia, $500 billion for Europe, $300 billion for South/Central America, and $300 billion for North America. With such large amounts of money, several key issues arise:

      • How will this infrastructure be financed?
      • How will opportunities make their way through the appropriate screening, risk assessment, and financial modeling analyses to determine financial viability?
      • Who is positioned in government ministries and agencies, PPP units, banks, and project developers to conduct this important work?
      • What type of person has the breadth and depth for the required skills?

 

To meet these global financing demands, the pressure to introduce sophisticated project finance business models will challenge government, regulatory, and banking analysts who may not have formal training in the special strategic and financial characteristics of the project finance model. Upgrading these strategic and technical skills is urgently needed to meet these new business and investment opportunities.

 

For these reasons, the Institute for Public-Private Partnerships (IP3) offers a Certified Project Finance Specialist™ Certification Program to provide a core body of knowledge in Project Finance. The goal of this professional certification program is to create a world class standard in project finance skills development and to provide participants who complete the requirements of the program with a comprehensive and internationally recognized body of knowledge and professional certification designation in Project Finance.

 

NOTE: Financial modeling is a critical skillset for the Project Finance certification. In order to be certified as a Project Finance Specialist, you must successfully complete both the Introduction to Building and Analyzing Financial Models and Advanced Financial Modeling courses. IP3 takes the certification process seriously, and wants to ensure that our certified alumni are prepared to face the challenges and opportunities that this certification would present to them.

 

The Challenge - Understanding and Utilizing Project Finance

 

Project finance investment opportunities depend on the project cash flow and rely on sophisticated financial modeling and business structures to create the capital structure of the project company. These structures are not widely used yet in many countries, but will become more prevalent as investors flock to emerging markets to meet the growing demand for infrastructure and investment opportunities in energy, water, transportation, telecommunications, mining and municipal services.

 

In order to effectively carry out assessments and analyses of these investment proposals, and interface with prospective investors and their representatives, technical/financial staff must be able to:

      • Develop effective screening processes and feasibility studies that are based on financial data and assumptions.
      • Identify and allocate various risks associated with each project to the various stakeholders.
      • Construct financial models of a project finance transaction, calculate value for money (VfM) and public sector comparator (PSC) benchmarks, evaluate feasibility assumptions and NPV values for the underlying investment.
      • Prepare sensitivity analyses to stress test the project’s cash flows, projected internal rate of return (IRR), debt service coverage ratios(DSCR).
      • Assess underlying assumptions economic and financial assumptions contained in the financial models developed by private companies and their advisors.
      • Present and discuss findings to various strategic and technical audiences.

 

A key element involved with Project Finance is risk management and allocation, including capital adequacy requirements of financing banks and the impact of those requirements on the cost of financing. As more of these transactions are presented for financing in their respective countries, financial analysts will be needed who can advise regulatory and banking authorities on how to classify the risks of project finance loans on their banks’ books compared to other corporate loans.

 

The Solution - the IP3 Project Finance Certification

IP3 is filling this knowledge gap through a multi-disciplinary certification program in project finance which provides in-depth training in the core areas of strategic risk analysis through finance and business modeling for project finance transactions.

 

Through its course offerings, IP3’s project finance certification program addresses the following issues:

      • Organizational Structure - motivations for using project finance, financing and investment objectives, identifying projects that justify project finance instead of a corporate finance structure.
      • Contractual Structure - structuring a SPV to allocate risks, tools for measuring value and quantifying risks, risk management and governance structure.
      • Financial Forecasts & Governance - costs and benefits of creditor based governance systems, different capital structures (capital leases, operating leases, gearing ratios and determination of project borrowing capacity), building project financial models, interpreting NPV and IRR ratios.

 

Through classroom and online course options, each of the above topical areas are developed in modules designed to provide analysts with in-depth understanding of the methodologies and formulae to apply to compute the costs and benefits of project finance transactions. Upon the completion of the certification requirements, the project finance certificate holder should be able to:

      • Understand whether a project finance structure aligns with the business objectives of a project through VfM and PSC analysis.
      • Develop risk management strategies for classifying and mitigating default risks for project finance projects.
      • Understand project finance legal documents to be able to interface with project attorneys.
      • Understand the collateral structure of project finance transaction and how it should work to mitigate default risks and optimize returns.
      • Prepare and analyze a project finance model spreadsheet and forecast project revenues and costs for a project.
      • Calculate the Weighted Average Cost of Capital, IRR and DSCR for alternative project finance structures.
      • Prepare and interpret sensitivity analysis for a project finance transaction.
      • Prepare real options analysis for project finance transactions.
      • Prepare and structure a project finance term sheet.
      • Communicate findings and results to various strategic and technical stakeholders.

 

The Certified Public-Private Partnership Specialist™ program was created to foster standards of knowledge, understanding, and skills set development in the field of public-private partnership that are highly valued by governments, private sector firms, financial institutions, and other relevant stakeholders. Our goal is to foster worldwide excellence in the design, financing, procurement, implementation, and monitoring of public-private partnership programs through standards that are widely recognized and consistently applied. We do this by successfully identifying, defining, documenting, and championing generally accepted "best practices" approaches to public-private partnership development and transfer this knowledge to participants through education and training.

 

Each training course eligible for certification has undergone a review to ensure the quality standards consistent with the certification requirements and with adult learning and professional development are being met. At a minimum, all courses will provide intensive training on the current theory, practical issues, and challenges facing decision-makers today in the planning, utilization, and monitoring of public-private partnerships. Training methodologies used focus on transferring of knowledge and exchanging of ideas in an adult learning environment.

 

We expect all graduates of the Certified Public-Private Partnership Specialist™ program to be active practitioners in this field and to be sought out for their expertise and knowledge.

Accredited Provider

IP3 provides certification counseling services to any person registered in any of our training programs. These services include assistance in determining the appropriate certification program that matches your skill level, education focus, and career goals.

 

For further information, please contact Nicholas Carreiro at:  This email address is being protected from spambots. You need JavaScript enabled to view it.