Project Appraisal:
Identification, Policy Analysis & Selection

This Project Appraisal: Identification, Policy Analysis & Selection training course will provide an insight into how contemporary organizations can meet the challenge to pick the best projects against a context of incomplete information, high uncertainty and limited resources.

This Project Appraisal: Identification, Policy Analysis & Selection training course will focus on the best tools to manage the project appraisal process: identifying, defining, planning and evaluating projects using a range of methodologies designed to maximize project value.  It will provide an understanding of key inputs from these appraisal processes into the linked mechanisms of economic and financial assessment.

By the end of this Project Appraisal: Identification, Policy Analysis & Selection training course, participants will be able to:

• Appreciate the strategic context and implications of project appraisal decisions
• Describe and apply the key methodologies of project planning, estimating and appraisal
• Appreciate the advantages and limitations of different planning, estimating and appraisal techniques
• Understand the ways to make decisions under risk and uncertainty
• Analyse the key policy and evaluation issues and develop an integrated project selection approach
• Apply effective strategies to address typical errors and biases in project appraisal decisions

This Project Appraisal: Identification, Policy Analysis & Selection training course is suitable to a wide range of professionals involved in the development, appraisal, implementation and management of projects. Those with previous experience in project appraisal will be able to share their expertise with others; the broad base of participants ensures that everyone benefits from a wide range of sector and policy perspectives.

This PetroKnowledge training course will particularly benefit:

• Project and Contracts Personnel in both public and private sectors
• Technical Specialists seeking broader perspectives of project planning & implementation
• Government Officials, Ministries, Public Sector Agencies
• Project Financiers, Developers, Sponsors, Consultants
• Risk Management Personnel
• Project Management Professionals

This Project Appraisal: Identification, Policy Analysis & Selection training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented.  The daily workshops will be highly interactive and participative. This will involve regular discussions on key concept in project appraisal, the uses and limitations of various techniques, and how best to identify, evaluate, select and structure these high value undertakings.

Application of sound project appraisal techniques will enable the organization to forecast potential future conditions that might create strategic opportunities or jeopardize project success, thereby not only maximizing the organization's return on capital invested in projects, but also improving its reputation for delivering positive outcomes.

By the end of this Project Appraisal: Identification, Policy Analysis & Selection training course, your contribution to your organization will have been significantly enhanced. You will be able to:

• Understand the benefits likely to be achieved through projects initiated after proper strategic appraisal and selection processes
• Apply tools and techniques that deploy latest best practices in project definition, planning and appraisal
• Discover how to evaluate and compare alternative/competing project investment options, and recommend projects with optimal potential value for further detailed financial and risk analysis
• Effectively present and influence investment decisions