• Email: training(@)globalkingprojectmanagement.org
  • Call: +254 114 830 889

Project Appraisals And Impact Evaluations Course


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 exercises, web-based tutorials, and group work. Our facilitators are experts with more than 10years of experience

·          Upon completion of training, the participant will be issued with a Global King Project Management certificate

·         Training will be done at the Global King Project Management Centers (Nairobi Kenya, Mombasa Kenya, Kigali Rwanda, Dubai ,Lagos  Nigeria and More others).

·         A discount of 20% will be given to more than 4 participants from same organization.

·         Course duration is flexible and the contents can be modified to fit any number of days.      

·         Payment should be done before commencement of the training, to the Global King Project Management account, so as to enable us to prepare better for you.

·         For any inquiry to:  [email protected] or +254 114 830 889

·         Website: www.globalkingprojectmanagement.org

·         Tablet and Laptops are provided to participants on request as an add-on cost to the training fee

·          The course fee for onsite training includes facilitation training materials, 2 coffee breaks, a 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.


Course Schedule

Start Date End Date Action Duration Location Fee(Kes) Fee(Us$)
11/09/2023 22/09/2023

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10Days Nairobi 200000 2400
06/11/2023 17/11/2023

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10Days Nairobi 200000 2400
29/01/2024 09/02/2024

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10Days Nairobi 200000 2400
25/03/2024 05/04/2024

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10Days Nairobi 200000 2400
22/04/2024 03/05/2024

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10Days Nairobi 200000 2400
09/10/2023 20/10/2023

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10Days Mombasa 240000 3000
04/12/2023 15/12/2023

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10Days Mombasa 240000 3000
26/02/2024 08/03/2024

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10Days Mombasa 240000 3000