Project Appraisal: Identification, Policy Analysis & Selection
Understand what project appraisal actually means and how projects align to organizational strategy. Participants learn to separate real problems from perceived ones, and to turn genuine needs into clearly defined project concepts worth funding.
Day 1 – Project Identification & Concept Development
8:00 – 9:15
- What “Project Appraisal” really means
- Types of projects and how to align them with organisational strategy
9:15 – 10:30
- Identifying real problems vs perceived problems
- Turning needs into clear objectives and a solid project scope
10:30 – 11:45
- Stakeholder identification, mapping, and influence analysis
- Practical tools for idea generation and early concept shaping
12:00 – 2:00
- Hands-On Case Workshop: Identify viable project concepts
- Group reflection and insights
Day 2 – Technical & Financial Analysis
8:00 – 9:15
- Assessing technical feasibility: resources, technology, site, constraints
- Environmental, legal & regulatory considerations
9:15 – 10:30
- Financial appraisal essentials
- Estimating capital and operating costs with accuracy
10:30 – 11:45
- Cash flow forecasting techniques
- Adjusting for uncertainty, inflation, and risk
12:00 – 2:00
- Workshop: Build a simple yet practical financial model
Day 3 – Economic & Social Appraisal
8:00 – 9:15
- Difference between financial and economic appraisal
- Shadow pricing and valuing non-market impacts
9:15 – 10:30
- Social Cost–Benefit Analysis (SCBA)
- Environmental and sustainability impact assessments
10:30 – 11:45
- Understanding distributional impacts on communities and stakeholders
12:00 – 2:00
- Practical Exercise: Conduct an economic appraisal on a real case
Day 4 – Policy Analysis & Project Selection
8:00 – 9:15
- Policy frameworks that influence project choices
- Policy analysis tools and models used in the public & private sector
9:15 – 10:30
- Multi-Criteria Analysis (MCA)
- Ranking, scoring, and prioritising projects
10:30 – 11:45
- Risk analysis using qualitative & quantitative approaches
12:00 – 2:00
- Workshop: Build a full project selection matrix
Day 5 – Integrated Appraisal & Final Decision Making
8:00 – 9:15
- Integrating all appraisals: technical, financial, economic & policy
- Decision-making under uncertainty and incomplete information
9:15 – 10:30
- Preparing professional appraisal documentation
- KPIs, dashboards & evaluation metrics used by senior leaders
10:30 – 11:45
- Communicating findings to decision-makers with impact
12:00 – 2:00
- Final Group Project:
- End-to-end appraisal of a sample project
- Group presentations
- Expert panel feedback & programme wrap-up
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