Training on Project Appraisal and Impact Evaluation

Module 1:Project Appraisal and Analysis

• Criteria of investment and the planning process of investments
• Identification of Technical, logistic, and environmental risks
• Analysis of economic risk
• Analysis of market risk
• Selection of projects meeting objectives of an organizations

Module 2:Financial Analysis

• Income, Cash-flow, and durations estimation
• Identification of projected cash-flow risks
• Calculation of finance costs- WACC, CAPM, and Arbitrage Pricing
• Techniques of capital investments appraisal – Payback, APR, NPV, IRR
• Using spreadsheets skills for financial appraisal

Module 3:Project Risk and Appraisal

• Risk and uncertainty measuring
• Constraints of a project
• Balancing scope, time, quality and cost
• Risks and uncertainty evaluation
• Planning risk response and reporting

Madule 4:Risk Management

• Process of risk management throughout the lifecycles of the project
• Role and responsibilities of the project manager
• Qualitative and quantitative risk analysis
• Financial risk management and derivatives
• Sensitivity analysis and the Monte Carlo Simulation analysis

Module 5:Managing Uncertainties

• Using the decision tree to manage uncertainties
• Programming techniques
• manpower planning and resource smoothing and leveling
• Project contingency planning
• Earned Value Analysis

Module 6:Cost Benefit Analysis

• Cost benefit analysis
• Genuine costs
• Intangible benefits measurements
• Environmental issues
• Intangible benefits in the appraisal decision making process

Module 7:Development of Appropriate Models

• Developing models
• Investment opportunities modeling
• Sensitivity analysis

Module 8:Appraisal Process Development

• The process
• Utilization of the appraisal process in managing risks, negotiations, and project management
• Development of own process to takeout risks

Module 9:Impact Evaluation

• Introduction
• Counterfactual
• Role of impact evaluation
• Appropriate time to carryout impact evaluation

Module 10:Evaluation Design

• Establishment of a program theory
• Evaluation approach selection
• Baseline survey designing
• Options lacking a baseline
• using secondary data in impact evaluation
• Function of qualitative information
• Triangulation
• Specific impact evaluation

Module 11:Managing and Implementing impact Evaluation

• Reference terms
• Sources of data
• Time and cost