This course will provide you with the essential knowledge and skills to effectively appraise and analyse projects. It provides you with the latest tools and techniques to manage project risks and uncertainties to ensure profit margins and sustainability in uncertain times. It will in more advanced level cover econometric impact evaluation theory and empirical methods for measuring the impact of development programs (including randomization, difference-in-differences, regression discontinuity, and propensity score matching). It will combine theory and practice. The primary objective of the course is to provide participants with the skills to understand the value and practice of impact evaluation within development economics, design and implement impact evaluations and act as critical consumers of impact evaluations.

Duration:           10 Days

Course Objective:

• Undertake, Technical, Economic, Financial and Risk Analysis to select Projects to meet National and Organisational Objectives
• Undertake Financial Analysis using Payback, NPV and IRR
• Identifying and Measuring Risk and Uncertainties
• Evaluate and Manage Risks using the latest tools & techniques
• Manage Uncertainties using Decisions Trees, Programming Techniques – Gannt Charts, Network and Critical Path Analysis, Manpower Planning, Contingency Planning and Earned
• Identifying if project is working or not, impact evaluation will assist accountability function. This course is aligned with results-based management and monitoring.

Who should attend?

This course targets Project Management Officials from NGO’s, National Statistics Offices, Education Researchers, Government ministries, National Institutes and Planning Ministries, Central banks, and University Researchers among others.

The Course Content

Module One:  Project Appraisal & Analysis

• The Investment Criteria & The Investment Planning Process
• Identifying Technical, Logistical & Environmental Risks
• Economic Risk Analysis
• Market Risk Analysis
• Selecting Projects to meet Organisational Objectives

Module Two: Financial Analysis

• Estimating Income, Cashflows & Durations
• Identifying Risks from the Projected Cashflow
• Calculating the Cost of Finance – WACC, CAPM & Arbitrage Pricing
• Capital Investment Appraisal Techniques - Payback; ARR, NPV, IRR etc.
• Financial Appraisal using Spreadsheet Skills

Module Three: Project Risk and Uncertainties

• Measuring Risk and Uncertainties
• Project Constraints
• Balancing Scope, Time, Quality and Cost
• Evaluating the Risks and Uncertainties – Their Likelihood & Impact
• Risk Response Planning and Reporting

Module Four: Risk Management

• The Risk Management Process at various levels of an organization and throughout the Project Life Cycle
• The Project Manager’s Roles and Responsibilities
• Qualitative and Quantitative Risk Analysis
• Financial Risk Management and Derivatives
• Sensitivity Analysis and Monte Carlo Simulation Analysis

Module Five: Managing Uncertainties

• Decisions Trees to Manage Uncertainties and make Strategic Decisions
• Programming Techniques – Gannt Charts, Network & Critical Path Analysis
• Manpower Planning and Resource Smoothing and Levelling
• Project Contingency Planning
• Earned Value Analysis – Controlling Cost and Schedule Variances

Module Six: Cost benefit analysis

• The effect on decision-making of more intangible benefits
• Cost benefit analysis
• Ensuring costs are genuine
• Measuring intangible benefits
• Environmental issues
• Consideration of intangible benefits in the appraisal decision-making process

Module Seven: Developing appropriate models

• Developing models – examples of spreadsheet models and measures for many different situations
• Modelling investment opportunities – summarising outcomes
• Sensitivity analysis – identifying, quantifying and taking out risk

Module Eight: Developing an appraisal process

• The process – managing risk from the outset
• Using the process in risk management, negotiating and project management
• Take out risk by thoroughly knowing your project – developing your own process

Module Nine: Introduction to impact evaluation

• Introduction
• Counterfactual
• Purpose of impact evaluation
• When to undertake impact evaluation

Module Ten: Evaluation Design

• Establishing the program theory
• Selecting the evaluation approach
• Designing the baseline survey
• Options when there is no baseline
• Impact evaluation using secondary data
• The role of qualitative information
• Triangulation
• Generalizations from specific impact evaluations

Module Eleven: Managing and Implementing Impact Evaluation

• Terms of reference
• Data sources
• Time and cost

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement.

Training Venue 

The training will be held at our Upskill Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Upskill certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request.

Terms of Payment: Unless otherwise agreed between the two parties, payment of the course fee should be done 3 working days before commencement of the training to enable us to prepare better

Course Booking

Please use the “book now” or “inquire” buttons on this page to either book your space or make further enquiries.