An Intensive Professional
Development Training Course on

Project Appraisal & Analysis

Name: Project Appraisal & Analysis Training Course
Price: 4950 USD

Practical Tools and Techniques for Assessing Projects and Managing Risks and Uncertainties

Course Options

How would you like to proceed?

Need a tailored solution or group booking discount? Contact our course advisors.

Why Choose This Course

The Project Appraisal & Analysis training course equips project, finance and strategy professionals to evaluate projects rigorously and make well-founded capital decisions. It provides a comprehensive analytical framework spanning investment criteria, financial analysis, capital investment appraisal, risk management and project control. Participants assess technical, environmental, logistical, economic and market risks before capital is committed. They also estimate cashflows and apply NPV, IRR, WACC and sensitivity analysis, with spreadsheet work integrated throughout.

Qualitative and quantitative methods support the systematic management of uncertainty, including Monte Carlo simulation and decision-tree analysis. The course also develops earned value management and project control skills for monitoring cost and schedule performance throughout the project lifecycle. Rigorous appraisal leads to stronger investment decisions and more predictable project outcomes than reliance on optimistic assumptions or incomplete analysis. Professionals gain the analytical tools and quantitative capability to appraise projects and control performance with genuine analytical depth.

This Project Appraisal & Analysis training course will highlight:

Applying investment criteria to rigorous project appraisal
Identifying technical, environmental, logistical, economic and market risks
Estimating cashflows and conducting financial analysis
Using NPV, IRR, WACC and capital investment appraisal techniques
Managing uncertainty through qualitative and quantitative analysis, Monte Carlo simulation, sensitivity analysis and decision trees
Controlling lifecycle cost and schedule performance through earned value management and project control tools

Course Goals

What are the Goals?

The Project Appraisal & Analysis Course aims to build comprehensive capabilities in project appraisal and analysis, covering investment criteria and risk identification through to financial analysis, risk management, and project control.

Upon completing this course, participants will be able to:

Use investment criteria and the investment planning process to select projects that align with organisational objectives
Recognise and evaluate technical, logistical, environmental, economic, and market risks within project appraisal contexts
Forecast income, cashflows, and durations, and recognise risks arising from projected cashflow profiles
Determine the cost of finance through WACC, CAPM, and arbitrage pricing theory
Use capital investment appraisal methods, including Payback, ARR, NPV, and IRR, through spreadsheet-based financial analysis
Quantify and assess project risks and uncertainties, including evaluations of likelihood and impact
Manage the balance between scope, time, quality, and cost constraints when planning project risks and contingencies
Use the risk management process throughout project lifecycle stages and perform qualitative and quantitative risk analysis
Use financial risk management, derivatives, sensitivity analysis, and Monte Carlo simulation to address project uncertainty
Use decision trees, critical path analysis, resource smoothing, contingency planning, and earned value analysis for project management and control

Who is this Training Course for?

This Project Appraisal & Analysis training course is designed for:

Project Managers
Programme Managers
Project Planning Managers
Project Finance Managers
Investment Appraisal Analysts
Financial Analysts
Business Analysts
Feasibility Study Specialists
Capital Planning Professionals
Project Management Office Professionals

Learning Approach

How will this Training Course be Presented?

The Project Appraisal & Analysis Course uses a structured, analysis-focused learning methodology that progresses from investment criteria and risk identification to financial analysis, risk management, quantitative uncertainty analysis, and project control. Each day focuses on a separate analytical area, collectively developing a comprehensive and integrated capability in project appraisal and risk management throughout the course.

Spreadsheet-led financial analysis, risk assessment activities, Monte Carlo simulation discussions, decision tree applications, and earned value analysis sessions are incorporated across the course, enabling delegates to build practical, hands-on analytical skills alongside conceptual knowledge.

Methods of delivery include:

Instructor-led sessions addressing investment criteria, risk identification, financial appraisal, risk management, and project control frameworks
Sessions on identifying technical, environmental, and market risks, using structured risk identification within project appraisal contexts
Financial analysis and spreadsheet sessions covering the application of cashflow estimation, WACC, CAPM, NPV, IRR, and Payback calculations
Sessions on critical path, resource planning, and earned value, applying project control tools to managing cost and schedule performance

The Course Summary & Outline

Day 1

Project Appraisal & Analysis I
Day 2

Project Appraisal & Analysis II – Financial Analysis
Day 3

Project Risk & Uncertainties
Day 4

Risk Management
Day 5

Managing Uncertainties

The Project Appraisal & Analysis training course begins by examining the project cycle, the purpose and structure of appraisal, and the factors considered when establishing project feasibility. It then develops the financial dimension of appraisal through projected costs, revenues and cash flows, together with the time value of money and discounting. The agenda progresses to the principal investment appraisal measures, including payback, accounting rate of return, net present value and internal rate of return, and considers the assumptions underpinning financial projections.

The course then addresses uncertainty and risk within project analysis, covering the identification and assessment of key variables and the use of sensitivity, scenario and break-even analysis. Financial appraisal is placed alongside broader economic considerations, including the distinction between financial and economic evaluation and the treatment of relevant project costs and benefits. The concluding topics bring together project financing, appraisal findings and decision-making, before considering implementation monitoring, performance review and post-completion evaluation across the remaining stages of the project cycle.

Recognition

Certificate

Delegates who successfully complete the Project Appraisal & Analysis training course are awarded the Wallstreet Academy Certificate of Completion, recognising their achievement and commitment to professional development. Participants receive 25–30 credits, with the final allocation based on their verified attendance throughout the course.

Each Guided Learning Hour represents 60 minutes of attendance. Attendance is documented in line with the quality management principles of ISO 9001:2015, supporting accurate and consistent record-keeping.

Frequently Asked Questions

This course focuses on project appraisal and analysis. It examines tools and techniques for managing project risks and uncertainties. The emphasis is on applying structured approaches to project evaluation and risk management.

The Project Appraisal & Analysis training course equips project, finance and strategy professionals to evaluate projects rigorously and make well-founded capital decisions. It provides a comprehensive analytical framework spanning investment criteria, financial analysis, capital investment appraisal, risk management and project control. Key topics include Project Appraisal & Analysis I, Project Appraisal & Analysis II – Financial Analysis, Project Risk & Uncertainties and Risk Management.

Key outcomes of this course include: determine the cost of finance through WACC, CAPM, and arbitrage pricing theory; use capital investment appraisal methods, including Payback, ARR, NPV, and IRR, through spreadsheet-based financial analysis; quantify and assess project risks and uncertainties, including evaluations of likelihood and impact. Qualitative and quantitative methods support the systematic management of uncertainty, including Monte Carlo simulation and decision-tree analysis.

This course is designed for Project Managers, Programme Managers, Project Planning Managers, Project Finance Managers, Investment Appraisal Analysts and Financial Analysts. Participants assess technical, environmental, logistical, economic and market risks before capital is committed.

Key outcomes of this course include: use investment criteria and the investment planning process to select projects that align with organisational objectives; recognise and evaluate technical, logistical, environmental, economic, and market risks within project appraisal contexts; forecast income, cashflows, and durations, and recognise risks arising from projected cashflow profiles. Participants assess technical, environmental, logistical, economic and market risks before capital is committed.

Participants assess technical, environmental, logistical, economic and market risks before capital is committed. They also estimate cashflows and apply NPV, IRR, WACC and sensitivity analysis, with spreadsheet work integrated throughout. Key topics include Managing Uncertainties.

Yes. Qualitative and quantitative methods support the systematic management of uncertainty, including Monte Carlo simulation and decision-tree analysis. The course also develops earned value management and project control skills for monitoring cost and schedule performance throughout the project lifecycle. Key topics include Project Appraisal & Analysis I, Project Appraisal & Analysis II – Financial Analysis, Project Risk & Uncertainties and Risk Management.

Yes. The Project Appraisal & Analysis Course uses a structured, analysis-focused learning methodology that progresses from investment criteria and risk identification to financial analysis, risk management, quantitative uncertainty analysis, and project control.