Project Appraisal: Identification, Policy Analysis & Selection

An Interactive 5 - Day Training Course

Project Appraisal: Identification, Policy Analysis & Selection

Strategic Decision Analysis, Project Life Cycle, and Project Analysis Under Uncertainty

Classroom Dates
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02 - 06 Sep 2024
London
$5,950
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07 - 11 Oct 2024
New York
$6,950
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02 - 06 Dec 2024
Vienna
$5,950
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06 - 10 Jan 2025
London
$5,950
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17 - 21 Feb 2025
Kuala Lumpur
$5,950
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Online Dates
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31 Mar - 04 Apr 2025
Online
$3,950
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The decision whether or not to invest a substantial amount in a new capital project is made with a lot of uncertainty. People involved in creating project proposals may have expertise in technical fields but may also lack training to make a comprehensive analysis of whether their project really the best idea is to go forward with. Given that projects and capital expenditures often consume a significant part of the finances of the organisation, it is vital that those involved in them can make high quality objective decisions about which proposals are likely to have the best results, before commitments to development work and substantial expenditures are made.

This Energy Training Centre Project Appraisal training course covers the policy evaluation and strategic project analysis and selection techniques that are a critical part of this decision-making process and considers the quantifiable elements of projects as well as the dependencies and risk factors relating to them. Specific financial and risk analysis methodologies are addressed in subsequent courses. 

This interactive and practical Energy Training Centre Project Appraisal training course will provide an insight into how contemporary organisations can meet the challenge to pick the best projects against a context of incomplete information, high uncertainty and limited resources.

This Energy Training Centre 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 maximise 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 Energy Training Centre 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 Energy Training Centre Project Appraisal training course will utilise 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 organisation to forecast potential future conditions that might create strategic opportunities or jeopardise project success, thereby not only maximizing the organisation's return on capital invested in projects, but also improving its reputation for delivering positive outcomes.

By the end of this Energy Training Centre training course, your contribution to your organisation 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

This Energy Training Centre Project Appraisal 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 Energy Training Centre 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

DAY ONE: STRATEGIC CONTEXT OF PROJECT DECISION ANALYSIS

  • What is Project Management Decision Analysis?
  • Project Management Maturity
  • Managing Programs and Portfolios
  • Strategic Planning and Policy Context
  • Typical Project Organisation Structures and Implications for Project Investment Decisions
  • Using Subcontractors
  • Key Issues Addressed by Project Appraisal
  • Market Analysis
  • Technical Analysis
  • Environmental and Social Analysis
  • Understanding Stakeholders

DAY TWO: DEFINING PROJECT SCOPE AND ESTIMATING TIMELINE 

  • Project Life Cycle
  • Project Initiation
  • Uncertainty in Project Selection and Planning Decisions, Stage Gate Approach
  • Project Trade-offs
  • Understanding and Managing Project Scope
  • Projecting Project Timeline

DAY THREE: EVALUATING PROJECT COSTS 

  • Fundamentals of Budgeting and Cost-control
  • Estimating Methods
  • Dealing with Uncertainty in Estimates
  • Resource Allocation and Cashflow Estimates
  • Value for Money Decisions
  • Important Cost Considerations: Whole of Life Costs, Cost of Quality and Uncertainty
  • The Contents of a Project Plan

DAY FOUR: PROJECT ANALYSIS UNDER RISK AND UNCERTAINTY

  • Project Risk Considerations
  • Risk and Contingency Analysis
  • Thought Leadership on Risk and Uncertainty in Projects
  • Making Rational Strategic Choices
  • Selecting Projects to Meet Organizational Goals
  • Decisions under Certainty, Risk and Uncertainty

DAY FIVE: STRATEGIC PROJECT SELECTION 

  • Project Feasibility Studies – An integrated evaluation
  • Introduction to Scenario and Sensitivity Analysis - Decision Trees
  • Psychological Aspects of Investment Decisions: Before You Make That Big Decision
  • Influencing Investment Decisions

We offer two main training formats to cater to different preferences and needs: 

  • Classroom Training Delivery – Our traditional classroom-based training courses provide a face-to-face learning experience with subject matter experts. You’ll benefit form in-person interactions, hands-on exercises, and a structured classroom environment.
  • Online Training Delivery – We also offer convenient live/online training courses that you can access from anywhere with a stable internet connection. These courses provided flexibility and allow you to learn anywhere, making them suitable for busy schedules or remote learning.

The Energy Training Centre Certificate of Completion with corresponding learning hours who has successfully completed the training course.

Yes, we provide assistance by issuing a Letter of Invitation stating that you are confirmed to attend our training.

We value transparency and are happy to provide our instructor’s profiles upon request. If you would like to learn more about our instructor’s’ qualifications, expertise, and experiences, please email us at info@energytraining.ae.

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at inhouse@energytraining.ae to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

We have multiple international training venues. You may find this through our website link: https://energytraining.ae/training-locations 

Our training courses are held at our partnered hotels within the city included within our training

Yes, here are the following options we can offer to assist you:

  • Corporate Discount – We can extend our corporate discount to participants staying at the same hotel, if we have any. Please enquire about the availability of this discount when you register for the training course.
  • Nearby Hotel Suggestions – If you prefer other accommodations, we can provide a list of nearby hotels to suit your needs and budget.

Feel free to go through hotel booking platforms on the internet to find the most cost-effective for you.

No, we do not provide job placement services after the training course. However, we are confident that our training course equips you with the necessary tools and knowledge to enhance you career prospects and promote career growth. Our training course are designed to empower you with valuable skills and expertise to excel in your chosen field.

Classroom
  • Tuition fee for a 5-day training course
  • Provision of a world-class subject matter expert to deliver this training
  • Meeting at a hotel venue corresponding to your chosen session
  • Welcome food and drinks, AM / PM snack, and Lunch
  • Digital course materials (e-Tablet)
  • Course completion certificates
  • Designing and administration of Pre-& Post Course Assessments
  • Preparation of participant’s Performance and Appraisal Report, if required
  • Issuance of Letter of Invitation for delegates needed visa processing, if required
Online
  • Tuition fee for a 5-day online training course
  • Provision of a world-class subject matter expert to deliver this training through live/virtual delivery
  • An electronic copy of the training manual and relevant hand-outs
  • Issuance of The Energy Training Centre e-Certificate of Completion
  • Administration of Pre-& Post Workshop Assessments
  • Link access of online platform acceptable to both parties

Certainly, we do provide corporate rates tailored for organizations seeking to enrol multiple employees in our training programs. To facilitate this, we encourage you to make a formal request via email addressed to info@energytraining.ae. We’ll be delighted to discuss and offer a suitable arrangement for your corporate needs.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at info@energytraining.ae

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receipt of your registration details sent via email at reg@energytraining.ae, we will send you the following by e-mail within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

 If you register online, you will receive an e-mail on the same day confirming your registration.

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at info@energytraining.ae. Our team will guide you through the registration process and provide assistance you may need.

Yes, we do allow registration transfers in the event that you are unable to attend the training course. To initiate a transfer, please send us an official email requesting the change. We’ll guide you through the transfer process and ensure a smooth transition of your registration to another eligible participant.

Our training course sessions are scheduled and posted on our website for your convenience. However, we understand that there may be specific requirement for your group. If you have a preferred venue and specific training dates in mind, please feel free to propose them to us by clicking on the button “Propose you preferred location & date” of your preferred training course.

Our course timings slightly vary between the cities we offer our training courses. Please let us know of your preferred course and session (dates/venue) through email at info@energytraining.ae. Alternatively, you may call/WhatsApp us at +971 50 746 0956.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggested a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training programmes are designed to be concise yet comprehensive, focusing on professional development. The duration varies based on the specific course content and objectives – we normally offer programmes between 5 – 10 days. However, our emphasis lies in delivering interactive and engaging sessions that prioritize depth of learning within a condensed timeframe. This approach ensures participants acquire substantial knowledge and skills efficiently.

We have been assessed by TUV Rheinland Middle East FZE and comply with Quality Management System standards – ISO 9001:2015 and ISO 29993:2017, ensuring a commitment to quality and excellence in our operations and services.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, Energy Training Centre is an ILM Recognised Provider (ID# 002398B), authorized to register learners and offer training courses recognized by ILM. Participants seeking ILM Recognised Certification would need to complete an assessment post the ILM Recognised courses. ILM is a renowned provider of leadership and management qualifications, part of the City and Guilds Group. Additionally, our company is a CPD Certified Training Company, ensuring our commitment to continuous professional development standards.

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