Project Management · MSD2550

Project Appraisal and Development Planning (PADP)

This course covers techniques of financial analysis of investment expenditures as well as the economic and distributive appraisal of those projects. The course gives special consideration to cases in the developing world. Students will engage in a critical analysis of these tools and their role in the political economy of international development. The course will cover topics such as alternative planning strategies for conditions of uncertainty; organizations and project cycle management; the political environment; and interactions of clients and advisers, engineers, planners, policy analysts, and other professionals.

Project Appraisal and Development Planning (PADP)
Online fee from
$200 USD
Standard: $300 · Save $100
Course Outcomes

Expected learning outcomes

  • Project cycle management, preconditions and assumptions, and its iterative structure.
  • Alternative planning strategies for conditions of uncertainty.
  • Organizational factors involved in developing new policies, choosing among alternatives, gaining acceptance, assuring implementation, and coping with unanticipated consequences.
  • Political environment and the interactions of clients and advisers, engineers, planners, policy analysts, and other professionals.
Curriculum

Course modules and outline

I. Introduction

  • Introduction to Project Evaluation and Course Overview
  • The Development Planning Tradition
  • The Project Cycle: Project Identification and Appraisal

II. Financial Appraisal

  • Development of Financial Cash Flows for Project Evaluation: Investment Plan
  • Development of Financial Cash Flows for Project Evaluation: Operating Plan, Analysis from Alternative Points of View
  • Discounting and Alternative Investment Criteria
  • Alternative Investment Criteria and Problems of Durability and Correction Procedures
  • Scale, Timing, and Interdependencies in a Project - 1
  • Scale, Timing, and Interdependencies in a Project - 2
  • Forecasting and the Treatment of Inflation - 1
  • Forecasting and the Treatment of Inflation - 2
  • Risk Analysis
  • Project Financing and Risk Management
  • Debrief Problem Set 4: Risk Analysis

III. Economic Appraisal and Cost-Effectiveness Analysis

  • Overview of Economic Analysis of Investment Decisions
  • Measurement of Economic Benefits and Costs in Undistorted Markets; with Sales Taxes and Subsidies
  • Measurement of Economic Benefits and Costs in Distorted Markets: Taxes, Rationing, Monopolies
  • Measurement of Economic Benefits and Costs in Distorted Markets: Tradables and Forex
  • Economic Opportunity Cost of Capital: Discount Rates
  • Cost-Effectiveness Analysis

IV. Critical Analysis of Quantitative Appraisal Techniques

  • Social-Distributive Appraisal of Projects
  • Institutional Dimensions: Local Politics and Capacity - Project Implementation, Monitoring
  • Institutional Dimensions of Project Appraisal: the Funders
  • Project Appraisal and Project Evaluation
  • Rational Analysis in the Field
  • Participation in Development Projects
  • Projects in Practice
Target Audience

Who should attend?

  • All non-accountants who need an understanding of finance and accounts in order to perform their roles effectively, including:
  • Engineers, technical managers, production managers, project managers and all those from non-financial disciplines.
  • Newly appointed managers, supervisors and team leaders.
Why Attend

Key course benefits

Practical capacity building approach
Designed for government, NGOs and public institutions
Real-world African case studies
Certificate of completion
Applicable tools and templates
Interactive facilitation and exercises
Course Enquiry

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Use the PHPMaker enquiry form to request a quotation, proposal letter, invoice, group training package, online access, or face-to-face training arrangement.

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