How Comfar III Expert 3.2 Can Help You Evaluate Your Investment Projects in Different Scenarios and Languages
What is Comfar III Expert 3.2 and why you need it
If you are looking for a reliable and user-friendly software to help you evaluate the feasibility and economic impact of your investment projects, you might want to check out Comfar III Expert 3.2. This software is developed by UNIDO, the United Nations Industrial Development Organization, and it is designed to facilitate short- and long-term analysis of financial and economic consequences for industrial and non-industrial projects.
Comfar Iii Expert 3.2
Comfar III Expert 3.2 allows you to simulate the performance of your projects under different scenarios, such as new investments, rehabilitations, expansions, joint ventures, or privatizations. You can also use it to assess the potential of your projects to contribute to the Clean Development Mechanism (CDM) or Joint Implementation (JI) under the Kyoto protocol, which are mechanisms that allow countries to reduce greenhouse gas emissions by investing in clean energy projects in developing countries.
Comfar III Expert 3.2 is not only a powerful tool for project appraisal, but also a flexible and multilingual software that can be customized to your needs and preferences. You can choose from 19 languages, including Arabic, Chinese, English, French, German, Russian, and Spanish, and you can operate the software in one language and print the reports in another. You can also benefit from the specialized modules that offer additional features, such as Environmental Management Accounting (EMA) and sensitivity analysis.
In this article, we will show you how to use Comfar III Expert 3.2 for different types of projects, how to download and install it on your computer, how to operate it in different languages, how to perform financial and economic analysis with it, how to benefit from the specialized modules, and how to get support and training for it.
How to use Comfar III Expert 3.2 for different types of projects
Comfar III Expert 3.2 can be used for various types of projects, depending on your objectives and requirements. Here are some examples:
New or expansion/rehabilitation projects
If you are planning to start a new project or expand or rehabilitate an existing one, you can use Comfar III Expert 3.2 to estimate the costs, revenues, cash flows, profitability indicators, taxes, subsidies, depreciation, inflation, exchange rates, working capital, fixed assets, loans, equity, dividends, and other relevant parameters for your project.
You can also compare different alternatives for your project, such as different locations, technologies, capacities, or financing options. You can also perform risk analysis and scenario analysis to evaluate how your project will perform under different assumptions or uncertainties.
Joint-venture projects
If you are considering to enter into a joint venture with another partner or entity, you can use Com far III Expert 3.2 to analyze the financial and economic implications of the joint venture, such as the share of equity, the distribution of profits and losses, the transfer pricing, the tax treatment, the repatriation of funds, and the exit strategy.
You can also use Comfar III Expert 3.2 to compare the joint venture with other options, such as licensing, franchising, subcontracting, or exporting. You can also evaluate the impact of the joint venture on the local economy, such as employment, income, foreign exchange, technology transfer, and environmental effects.
CDM/JI projects (Kyoto protocol)
If you are interested in participating in the Clean Development Mechanism (CDM) or Joint Implementation (JI) under the Kyoto protocol, you can use Comfar III Expert 3.2 to estimate the potential of your project to reduce greenhouse gas emissions and generate certified emission reductions (CERs) or emission reduction units (ERUs), which are tradable carbon credits that can be sold in the international market.
You can also use Comfar III Expert 3.2 to assess the feasibility and profitability of your project, taking into account the costs and benefits of implementing the CDM/JI project, such as the investment costs, the operational costs, the revenues from selling CERs/ERUs, the taxes and subsidies, the environmental and social impacts, and the risks and uncertainties.
How to download and install Comfar III Expert 3.2
If you want to try Comfar III Expert 3.2 for yourself, you can download and install it on your computer in a few easy steps. Here are your options:
Demonstration versions
If you want to test Comfar III Expert 3.2 before buying it, you can download a demonstration version from the UNIDO website. The demonstration version is free of charge and allows you to use all the features of Comfar III Expert 3.2 for a limited period of time (usually 30 days). However, you cannot save or print your projects with the demonstration version.
To download a demonstration version, you need to fill out a registration form with your name, email address, country, organization, and purpose of use. You will then receive an email with a link to download the software and a license key to activate it. You can choose from different language versions and operating systems (Windows XP/Vista/7/8/10).
Full versions
If you want to buy Comfar III Expert 3.2 and use it without any limitations, you can order a full version from UNIDO or one of its authorized distributors. The full version allows you to save and print your projects, as well as access the specialized modules and updates. You can also get technical support and training from UNIDO or its partners.
To order a full version, you need to contact UNIDO or its distributors and request a quotation. You will then receive an invoice with the payment details and instructions. After you make the payment, you will receive a CD-ROM with the software and a license key to activate it. You can also request a download link instead of a CD-ROM if you prefer. How to operate Comfar III Expert 3.2 in different languages
Comfar III Expert 3.2 is a multilingual software that can be operated in different languages, depending on your preference and convenience. You can choose from 19 languages, including Arabic, Chinese, English, French, German, Russian, and Spanish. Here is how you can operate Comfar III Expert 3.2 in different languages:
Language sets
Comfar III Expert 3.2 comes with different language sets that contain the software interface, the manuals, the teaching materials, and the sample projects in a specific language. You can select the language set that you want to use when you install the software or when you run it for the first time. You can also change the language set at any time by going to the Options menu and selecting Language.
The language sets are independent of each other, which means that you can have different versions of Comfar III Expert 3.2 installed on your computer in different languages. However, you can only run one version at a time.
Multilingual approach
Comfar III Expert 3.2 also allows you to operate the software in one language and print the reports in another language. This is useful if you want to share your projects with partners or clients who speak a different language than you. You can also export your projects to Excel or Word and translate them using online tools or professional services.
To print the reports in another language, you need to go to the Options menu and select Report Language. You will then see a list of available languages that you can choose from. You can also customize the report language by adding or modifying terms and expressions that are specific to your project or industry. How to perform financial and economic analysis with Comfar III Expert 3.2
Comfar III Expert 3.2 is a software that enables you to perform financial and economic analysis of your investment projects, using various methods and indicators. You can use Comfar III Expert 3.2 to calculate the net present value (NPV), the internal rate of return (IRR), the benefit-cost ratio (BCR), the payback period (PP), the break-even point (BEP), the return on investment (ROI), and other measures of profitability and viability of your project.
You can also use Comfar III Expert 3.2 to perform sensitivity analysis, which shows how your project results change when you vary one or more input parameters, such as the sales volume, the price, the cost, the interest rate, or the exchange rate. You can also perform scenario analysis, which shows how your project results change when you apply different sets of assumptions or conditions, such as optimistic, pessimistic, or realistic scenarios.
To perform financial and economic analysis with Comfar III Expert 3.2, you need to follow these steps:
Input data
The first step is to enter the input data for your project, such as the general information, the technical data, the financial data, and the economic data. You can enter the data manually or import it from Excel or other sources. You can also use the built-in templates and wizards to help you enter the data faster and easier.
The input data consists of four main sections:
The general information section contains the basic information about your project, such as the name, the description, the location, the currency, the base year, and the project life.
The technical data section contains the information about the physical aspects of your project, such as the production capacity, the output quantity and quality, the input quantity and quality, the technology, the equipment, and the labor.
The financial data section contains the information about the monetary aspects of your project, such as the sales revenue, the operating costs, the investment costs, the depreciation, the taxes, the subsidies, the working capital, the fixed assets, the loans, and the equity.
The economic data section contains the information about the social and environmental aspects of your project, such as the shadow prices, the externalities, the income distribution effects, and the employment effects.
Output data
The second step is to generate the output data for your project, such as the financial statements, the cash flow statements, the profitability indicators, the economic indicators, and the risk and scenario analysis. You can generate the output data by clicking on the Calculate button or by selecting the Output menu.
The output data consists of four main sections:
The financial statements section contains the income statement, the balance sheet, and the funds flow statement for your project, showing the revenues, expenses, assets, liabilities, and equity for each year of the project life.
The cash flow statements section contains the cash flow statement for your project, showing the cash inflows and outflows from operating activities, investing activities, and financing activities for each year of the project life.
The profitability indicators section contains the financial and economic indicators for your project, such as the net present value (NPV), the internal rate of return (IRR), the benefit-cost ratio (BCR), the payback period (PP), the break-even point (BEP), the return on investment (ROI), and other measures of profitability and viability of your project.
The risk and scenario analysis section contains the sensitivity analysis and the scenario analysis for your project, showing how your project results change when you vary one or more input parameters or apply different sets of assumptions or conditions.
Charts and graphs
The third step is to visualize the output data for your project using charts and graphs. You can use charts and graphs to display the trends, patterns, relationships, and comparisons of your project results. You can also use charts and graphs to communicate your project results to your audience in a clear and concise way.
You can create charts and graphs by selecting the Chart menu or by clicking on the Chart button. You can choose from different types of charts and graphs, such as line charts, bar charts, pie charts, scatter plots, histograms, box plots, and radar charts. You can also customize your charts and graphs by changing the title, the legend, the axis, the scale, the color, the font, and other options. How to benefit from the specialized modules of Comfar III Expert 3.2
Comfar III Expert 3.2 also offers some specialized modules that provide additional features and functions for your project analysis. You can access these modules by selecting the Modules menu or by clicking on the Modules button. Here are some examples of the specialized modules:
Clean Development Mechanism (CDM) module
The CDM module is a module that allows you to evaluate the potential of your project to participate in the Clean Development Mechanism (CDM) or Joint Implementation (JI) under the Kyoto protocol. You can use this module to estimate the greenhouse gas emissions and reductions of your project, as well as the certified emission reductions (CERs) or emission reduction units (ERUs) that you can generate and sell in the international market.
You can also use this module to perform a baseline analysis, which is a method to determine the emissions that would occur in the absence of your project, and a additionality analysis, which is a method to demonstrate that your project is not part of the business-as-usual scenario and that it requires the CDM/JI incentive to be implemented.
Environmental Management Accounting (EMA) module
The EMA module is a module that allows you to integrate environmental aspects into your financial and economic analysis. You can use this module to identify, measure, and report the environmental costs and benefits of your project, such as the costs of pollution prevention, waste management, environmental compliance, and environmental remediation, and the benefits of resource efficiency, waste reduction, environmental performance, and environmental reputation.
You can also use this module to perform an environmental impact assessment, which is a method to evaluate the potential effects of your project on the natural environment, such as the air quality, water quality, soil quality, biodiversity, climate change, and human health. How to get support and training for Comfar III Expert 3.2
If you need any help or guidance on how to use Comfar III Expert 3.2, you can get support and training from UNIDO or its partners. You can access various resources and services, such as manuals, teaching materials, online courses, webinars, and national and regional training hubs. Here is how you can get support and training for Comfar III Expert 3.2:
Manuals and teaching materials
The manuals and teaching materials are documents that provide detailed instructions and explanations on how to use Comfar III Expert 3.2. You can download the manuals and teaching materials from the UNIDO website or from the CD-ROM that comes with the software. You can also order printed copies from UNIDO or its distributors.
The manuals and teaching materials include:
The User Manual, which is a comprehensive guide on how to operate Comfar III Expert 3.2, covering all the features and functions of the software.
The Methodology Manual, which is a reference book on the theoretical and practical aspects of financial and economic analysis of investment projects, using Comfar III Expert 3.2 as a tool.
The CDM Manual, which is a handbook on how to evaluate CDM/JI projects using Comfar III Expert 3.2, covering the concepts, methods, and procedures of CDM/JI project appraisal.
The EMA Manual, which is a manual on how to apply environmental management accounting to investment projects using Comfar III Expert 3.2, covering the principles, techniques, and benefits of EMA.
The Teaching Materials, which are slides, exercises, case studies, and solutions that can be used for training purposes or self-learning.
Online courses and webinars
The online courses and webinars are interactive learning sessions that are delivered through the internet, using video conferencing or streaming platforms. You can register for the online courses and webinars from the UNIDO website or from the email invitations that you receive from UNIDO or its partners.
The online courses and webinars include:
The Basic Course, which is an introductory course on how to use Comfar III Expert 3.2 for financial and economic analysis of investment projects.
The Advanced Course, which is an advanced course on how to use Comfar III Expert 3.2 for risk and scenario analysis, CDM/JI project appraisal, EMA application, and report generation.
The Specialized Webinars, which are short sessions on specific topics or features of Comfar III Expert 3.2, such as new updates, tips and tricks, best practices, or case studies.
National and regional training hubs
The national and regional training hubs are physical locations where you can attend face-to-face training workshops or seminars on how to use Comfar III Expert 3.2. You can find out the schedule and location of the training hubs from the UNIDO website or from the local organizers.
The national and regional training hubs include:
The National Training Hubs, which are institutions or organizations that are authorized by UNIDO to provide training on Comfar III Expert 3.2 in their respective countries.
The Regional Training Hubs, which are institutions or organizations that are authorized by UNIDO to provide training on Comfar III Expert 3.2 in their respective regions.
Conclusion
Comfar III Expert 3.2 is a software that can help you evaluate the feasibility and economic impact of your investment projects. It allows you to simulate the performance of your projects under different scenarios, such as new investments, rehabilitations, expansions, joint ventures, or CDM/JI projects. It also allows you to operate the software in different languages and print the reports in another language.
Comfar III Expert 3.2 is not only a powerful tool for project appraisal, but also a flexible and multilingual software that can be customized to your needs and preferences. You can benefit from the specialized modules that offer additional features, such as Environmental Management Accounting (EMA) and sensitivity analysis. You can also get support and training from UNIDO or its partners.
If you want to try Comfar III Expert 3.2 for yourself, you can download a demonstration version from the UNIDO website or order a full version from UNIDO or its distributors. You can also contact UNIDO or its partners for any questions or inquiries about Comfar III Expert 3.2.
FAQs
Here are some frequently asked questions (FAQs) about Comfar III Expert 3.2:
What are the system requirements for Comfar III Expert 3.2?
To run Comfar III Expert 3.2 on your computer, you need to have the following system requirements:
Operating system: Windows XP/Vista/7/8/10
Processor: Pentium IV or higher
Memory: 512 MB RAM or higher
Disk space: 200 MB or higher
Screen resolution: 1024 x 768 or higher
Internet connection: Required for online courses, webinars, updates, and support
How much does Comfar III Expert 3.2 cost?
The price of Comfar III Expert 3.2 depends on the type of license, the number of users, and the durati