Project Appraisals and Impact Evaluations course

Project Appraisals and Impact Evaluations course

# Course Date Duration Location Course fee: Registration
10 31/01/2022 To 11/02/2022 10 Days Nairobi Kenya USD 2,000
11 25/04/2022 To 06/05/2022 10 Days Nairobi Kenya USD 2,000
12 18/07/2022 To 29/07/2022 10 Days Nairobi Kenya USD 2,000
13 10/10/2022 To 21/10/2022 10 Days Nairobi Kenya USD 2,000


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.



10 Days


Course Objective:

·         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

·         Project Constraints

·         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

·         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 Implimenting Impact Evaluation

·         Terms of reference

·         Data sources

·         Time and cost


General Notes

·       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 10years 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) center 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.

·        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 or +254712260031