Summary
Project Details Setup:
- Explanation of how to input project name and sync details with the system.
- Emphasis on keeping project dates fixed by manually adjusting them to ensure consistency across updates.
Key Features Explained:
- Detailed instructions for handling the start date, including how to override automatic formulas and freeze custom values.
- Overview of GST inclusion settings and the margin scheme for land value calculations.
Sensitivity Analysis:
- Demonstrated tools for analyzing sensitivity to cost and sales fluctuations by percentages, ensuring better project forecasting.
- Instructions on running after-tax cash flow sensitivity analysis and how it impacts decision-making.
Project Timeline and Benchmarks:
- Explanation of maximum allowed project durations (240 months/20 years) and how benchmarks like Minimum Acceptable Rate of Return (MARR) and Target Yield influence calculations.
Additional Metrics:
- Guidance on using tools like Decision Metrics in the Edge platform to understand concepts like interest coverage ratios, residual land values, and market cap calculations.
- Simplified explanations of technical terms for ease of understanding.
Access to Advanced Tools:
- Information about Edge platform features and how it provides in-depth explanations for developers using advanced formulas.
Insights Based on Numbers
- 240 Months Duration Limit: Emphasizes project timelines, preventing durations from exceeding 20 years.
- Cost and Sales Sensitivity (+/- 5%): Highlights how small fluctuations in project finances can significantly impact feasibility.
- Target Metrics (IRR & MARR): Demonstrates the importance of aligning benchmarks to residual land values.