This course will provides 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 objectives 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.
Undertake, Technical, Economic, Financial & Risk Analysis to select Projects to meet National and Organisational Objectives
Undertake Financial Analysis using Payback, NPV & IRR
Identifying & Measuring Risk & Uncertainties
Evaluate and Manage Risks using the latest tools & techniques
Manage Uncertainties using Decisions Trees, Programming Techniques – Gannt Charts, Network & Critical Path Analysis, Manpower Planning, Contingency Planning & 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 & Uncertainties
Measuring Risk & Uncertainties
Balancing Scope, Time, Quality & Cost
Evaluating the Risks & Uncertainties – Their Likelihood & Impact
Risk Response Planning & 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 & Quantitative Risk Analysis
Financial Risk Management & Derivatives
Sensitivity Analysis & 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 & Levelling
Project Contingency Planning
Earned Value Analysis – Controlling Cost & 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
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
- 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
- Generalizations from specific impact evaluations
Module Eleven: MANAGING AND IMPLEMENTING IMPACT EVALUATION
- Terms of reference
- Data sources
- Time and cost
All our courses can be Tailor-made to participants needs
The participant must be conversant with English
Presentations are well guided, practical exercise, web based tutorials and group work. Our facilitators are expert with more than 10 years of experience.
Upon completion of training the participant will be issued with Foscore Development Center certificate (FDC-K)
Training will be done at Foscore Development Center (FDC-K) in Nairobi Kenya. We also offer more than five participants training at requested location within Kenya, more than ten participant within east Africa and more than twenty participant all over the world.
Course duration is flexible and the contents can be modified to fit any number of days.
The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and a Certificate of successful completion of Training. Participants will be responsible for their own travel expenses and arrangements, airport transfers, visa application dinners, health/accident insurance and other personal expenses.
Accommodation, pickup, freight booking and Visa processing arrangement, are done on request, at discounted prices.
One year free Consultation and Coaching provided after the course.
Register as a group of more than two and enjoy discount of (10% to 50%) plus free five hour adventure drive to the National Game Park in Nairobi Kenya.
Payment should be done two week before commence of the training, to Foscore Development Center account, so as to enable us prepare better for you.
For any enquiry at: [email protected] or +254712260031