Training Course On Project Appraisal And Impact Evaluation


This course aims at equipping participants with the skills to appraise and analyze projects. It relies on the current tools and techniques in managing project risks and uncertainties to ensure the profit margins are sustainable. The major objective of the course is to impart participants with the skills to understand the value and practice of impact evaluation in development economies, to develop and implement impact evaluation.


  • Carryout technical, economic, financial, and risk analysis to select projects that meet the objectives of the state and the organization
  • Carry out financial analysis using Payback, NPV and IPR
  • Identify and measure risks
  • Using the latest tools and techniques, manage and evaluate risks
  • Use decisions trees, programming techniques, Network and Path analysis, manpower planning, contingency planning, and Gannt charts to manage uncertainties
  • Identify the workability of a project


10 Days


This course targets project management official from non-governmental organizations, National statistics offices, researchers, governmental ministries, Planning ministries, and financial institutions, among others.


Project Appraisal and Analysis

  • Criteria of investment and the planning process of investments
  • Identification of Technical, logistic, and environmental risks
  • Analysis of economic risk
  • Analysis of market risk
  • Selection of projects meeting objectives of an organizations

Financial Analysis

  • Income, Cash-flow, and durations estimation
  • Identification of projected cash-flow risks
  • Calculation of finance costs- WACC, CAPM, and Arbitrage Pricing
  • Techniques of capital investments appraisal – Payback, APR, NPV, IRR
  • Using spreadsheets skills for financial appraisal

Project Risk and Appraisal

  • Risk and uncertainty measuring
  • Constraints of a project
  • Balancing scope, time, quality and cost
  • Risks and uncertainty evaluation
  • Planning risk response and reporting

Risk Management

  • Process of risk management throughout the lifecycles of the project
  • Role and responsibilities of the project manager
  • Qualitative and quantitative risk analysis
  • Financial risk management and derivatives
  • Sensitivity analysis and the Monte Carlo Simulation analysis

Managing Uncertainties

  • Using the decision tree to manage uncertainties
  • Programming techniques
  • manpower planning and resource smoothing and leveling
  • Project contingency planning
  • Earned Value Analysis

Cost Benefit Analysis

  • Cost benefit analysis
  • Genuine costs
  • Intangible benefits measurements
  • Environmental issues
  • Intangible benefits in the appraisal decision making process

Development of Appropriate Models

  • Developing models
  • Investment opportunities modeling
  • Sensitivity analysis

Appraisal Process Development

  • The process
  • Utilization of the appraisal process in managing risks, negotiations, and project management
  • Development of own process to takeout risks

Impact Evaluation

  • Introduction
  • Counterfactual
  • Role of impact evaluation
  • Appropriate time to carryout impact evaluation

Evaluation Design

  • Establishment of a program theory
  • Evaluation approach selection
  • Baseline survey designing
  • Options lacking a baseline
  • using secondary data in impact evaluation
  • Function of qualitative information
  • Triangulation
  • Specific impact evaluation

Managing and Implementing impact Evaluation

  • Reference terms
  • Sources of data
  • Time and cost


  • This course is delivered by our seasoned trainers who have vast experience as expert professionals in the respective fields of practice. The course is taught through a mix of practical activities, theory, group works and case studies.
  • Training manuals and additional reference materials are provided to the participants.
  • Upon successful completion of this course, participants will be issued with a certificate.
  • We can also do this as tailor-made course to meet organization-wide needs. Contact us to find out more:
  • The training will be conducted at DATA-AFRIQUE TRAINING CENTRE, Nairobi Kenya.
  • The training fee covers tuition fees, training materials, lunch and training venue. Accommodation and airport transfer are arranged for our participants upon request.
  • Payment should be sent to our bank account before start of training and proof of payment sent to:
Course Schedule
Dates Fees Location Apply
12/08/2024 - 23/08/2024 $3000 Nairobi Physical Class
Online Class
09/09/2024 - 20/09/2024 $3000 Nairobi Physical Class
Online Class
14/10/2024 - 25/10/2024 $3950 Kigali Physical Class
Online Class
11/11/2024 - 22/11/2024 $3000 Mombasa Physical Class
Online Class
09/12/2024 - 20/12/2024 $3000 Nairobi Physical Class
Online Class

Our 2024 Group Rates (in USD)

# of Days
Group #
1. 1 $ 1500 $ 3000
2. 5 - 10 $ 1350 $ 2700
3. 11 - 20 $ 1200 $ 2400
4. 21 - 30 $ 1000 $ 2000
5. 31 - 40 $ 800 $ 1600
6. 41 - 50 $ 700 $ 1400
7. 51 > Above $ 600 $ 1200