Course Code: PM5
Category: Project Management, Contract Management and Evaluation
Dates, Venues & Fees:
May 11-May 22| London | $6,500.00
Aug 10-Aug 21| Virginia | $6,500.00
Nov 09-Nov 20| Dubai | $5,950.00
Duration: Two Weeks
Course Overview
Rigorous assessment tools and techniques need to be employed in the identification and selection of projects because of the huge financial outlay and risks inherent in managing projects. Besides, in choosing a given project, the decision made should be well situated within a broad policy framework. In the course, Project Appraisal: Identification, Policy Analysis and Selection, delegates will be led to explore and analyze the economic, financial and technical aspects in the identification and selection of projects for execution. Delegates will learn the essential knowledge and skills to effectively analyze the project appraisal process such as identifying, comparing various evaluation methodologies ranging from financial, economic and developmental policies through stakeholder factors.
Target Audience
This course on Project Appraisal: Identification, Policy Analysis and Selection will greatly benefit:
- Government Economic Officers
- Government Finance/Project/ Evaluation Officers
- Project Officers/Managers and Team leaders
- Managers and Executives from financial institutions
- Managers and Executives responsible for making capital expenditure decisions
- Finance Managers and Officers
- Development Managers
Course Outcome
By the end of this course, delegates will gain knowledge and skills to:
- Effectively participate in process of project evaluation, selection and control
- Forecast relevant Cash Flows for projects
- Understand the various costs in projects
- Undertake Technical, Economic and Financial analysis of projects
- Identify and measure project risks and uncertainties
- Evaluate and manage risk with latest tools and techniques
- Manage uncertainties using decision trees and programing techniques
Key Course Highlights
- Investment criteria and the investment planning process
- Projects selection and organizational objectives
- Estimating income, Cash Flows and Durations
- Identifying risks from projected Cash Flow
- Calculating Cost of Finance
- Capital investment appraisal techniques
- Financial appraisal techniques and tools
- Project risk management processes
- Measuring risks and uncertainties
- Evaluating risks and uncertainties probability
- Balancing Scope, Time, Quality and Cost
- Qualitative risk analysis in projects
- Quantitative risk analysis in projects
- Financial risk management and derivatives
- Decision analysis and Monte Carlo simulation analysis
- Managing uncertainties using Decision Trees and making strategic decisions
- Project contingency planning
- Earned Value Analysis (EVA)
- Cost/benefits Analysis
- Sensitivity Analysis