Project Appraisal and Risk Management - Virtual Learning
This training course emphasizes awareness of how to appraise a project for viability, feasibility and project risk.
When any organisation wants a solution to a business problem, purpose or opportunity, it needs to plan and develop a project that will provide an effective method of implementing the solution. At specific points along the project lifecycle, the organisation will need to appraise the potential project to make sure the project is in-line with strategy, will achieve its objective and success criteria and the chosen solution will solve the required problem. In addition, the organisation must understand all risks to the organisation, as well as to the project. In this context, project appraisal serves as the major process of analysing, approving or terminating the project.
Project management has a heavy focus on risk management, the ability to seize opportunities, minimize threats and to optimize results. Risk management is often treated as a reactive process, or worse, not done at all. In this training course, a proactive approach to both sides of risk is explored: threats and opportunities. The approach is based on a clear understanding of both qualitative and quantitative approaches to risk management.
This Gulf Rowad training course will highlight:
Understanding the business vehicles for change: Projects, Programmes and Portfolios
Identifying the principles of the governance of project management
Evaluate vision, mission and strategy to guide strategic project selection
Examine the project mission
Understand financial appraisal techniques
Examine financial and economic decision making
Use a practical, six-step process to manage project risk
Examine threats and opportunities facing projects from both a top-down and bottom-up perspective
Learn how to use risk management strategies to create an effective risk monitoring plan
Understand project finance options
5 Days
1620 Sessions
Starting from USD 2,000
Available Face to Face
Course Methodology
Participants to this training course will receive thorough training on the subjects covered by the training course outline. The instructor will utilise proven adult learning teaching and facilitation techniques with theory and skill training, traditional lectures, as well as hands-on exercises, group discussions, video and case studies. Whilst important learning will take place, having fun and receiving memorable learning is paramount.
Course Objectives
This Gulf Rowad training course is designed to provide delegates with the skills and knowledge to successfully make decisions about projects throughout the project cycle. This means having a clear plan of what documents they should analyse and when, in decision making.
As such, delegates will:
- Understand projects from a strategic perspective
- Understand in the project lifecycle when gateways take place
- Understand the role of project steering group
- Understand the key contents of key documentation
- Be aware of project financing
- Understand, guide and be able to apply a Risk Management Process
- Identify procurement strategies and contracts
- Understand the benefits of Earned Value Management
Target Audience
This Gulf Rowad training course is intended for individuals who want to understand, develop and refine their project decision making from a project governance perspective.
Professionals, no matter what their background i.e. engineering, information technology or business, will find this course relevant from the fundamental principles of project decision making, project economics and the modern techniques of project risk management.
This Gulf Rowad training course is suitable to a wide range of professionals but will greatly benefit:
- Project Sponsors
- Senior Directors and Managers
- Project Managers
- Project Management Professionals
- Risk Managers
- Subject Matter Experts
Target Competencies
Organisational Impact
The organisation will greatly benefit from individuals understanding how project management governance operates in a systematic approach to decision making and managing project risk by focusing on:
- How management make timely decisions
- Understanding project decision making tools
- Understanding the probability of completion within budget and time scales
- Risk management planning in line with project objectives
- People will understand the relationship between risk, issues, scope, cost & time
Personal Impact
Delegates will:
- Make timely decisions based on a variety of structured economic, quality, time-based thought processes
- Identify threats and opportunities and weigh up their relative value
- Learn how to rank risks based on the amount of exposure to the organisation
Course Outline
Day 1
Project Appraisal: Identification, Policy Analysis & Selection
- Introduction
- Projects, programmes and portfolios
- Principles of project governance
- The project steering group
- Strategic Context of Project Decision Analysis
- Vision, values, mission and strategy
- The Balanced Scorecard
- Financial, customer, business process and change/growth perspectives
- Defining Project Scope and Estimating Timeline
- The purpose and contents of the business case
- The PMP
- Evaluating Project Costs
- Direct and Indirect costs
Day 2
Project Appraisal: Identification, Policy Analysis & Selection (Continued)
- Project Analysis under Risk and Uncertainty
- Viability vs feasibility vs risk
- Strategic Project Selection
- Linking strategy and objectives (Cause and effect)
Project Appraisal: Financial and Economic Factors
- Source of Finance
- Project Economic Evaluation
- Project Finance
- Investment Decisions
- Traditional project delivery systems
- New trends in project delivery systems
- Build-Operate-Transfer (BOT) project delivery
- Project feasibility Studies
- Best practices in contractor’s selection
Day 3
Project Appraisal: Financial and Economic Factors (Continued)
- Managing, controlling and modelling cash flow
- Types of cost
- Upfront costs
- Annual cost and benefits
- The Challenge of Financial Economic Decision-Making
- Time value of money
- Financial analysis techniques
- Revisit the Key Concepts in Decision Making
- Earned Value Management
Day 4
Project Risk Analysis & Management
- Risk planning (Step 1): Plan the approach to risk management
- Risk Identification (Step 2)
- Risk assessment & quantification (Step 3)
- Risk response Plan (Step 4)
- Risk management plan execution (Step 5)
- Evaluating risk response results (Step 6)
Day 5
Project Risk Analysis & Management (Continued)
- The PPP Contract Model
- Project Funding Solutions
- Course review and summary
2026 Schedule & Fees
Course Fees Starting From
USD
2,000
| Date | City | Language | Price | Action |
|---|---|---|---|---|
| 28 Jun - 02 Jul, 2026 | Online | English | USD 2,000 | Book |
| 28 Jun - 02 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 05 Jul - 09 Jul, 2026 | Online | English | USD 2,000 | Book |
| 05 Jul - 09 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 12 Jul - 16 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 12 Jul - 16 Jul, 2026 | Online | English | USD 2,000 | Book |
| 19 Jul - 23 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 19 Jul - 23 Jul, 2026 | Online | English | USD 2,000 | Book |
| 26 Jul - 30 Jul, 2026 | Online | English | USD 2,000 | Book |
| 26 Jul - 30 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 02 Aug - 06 Aug, 2026 | Online | English | USD 2,000 | Book |
| 02 Aug - 06 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 09 Aug - 13 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 09 Aug - 13 Aug, 2026 | Online | English | USD 2,000 | Book |
| 16 Aug - 20 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 16 Aug - 20 Aug, 2026 | Online | English | USD 2,000 | Book |
| 23 Aug - 27 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 23 Aug - 27 Aug, 2026 | Online | English | USD 2,000 | Book |
| 30 Aug - 03 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 30 Aug - 03 Sep, 2026 | Online | English | USD 2,000 | Book |
| 06 Sep - 10 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 06 Sep - 10 Sep, 2026 | Online | English | USD 2,000 | Book |
| 13 Sep - 17 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Sep - 17 Sep, 2026 | Online | English | USD 2,000 | Book |
| 20 Sep - 24 Sep, 2026 | Online | English | USD 2,000 | Book |
| 20 Sep - 24 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 27 Sep - 01 Oct, 2026 | Online | English | USD 2,000 | Book |
| 27 Sep - 01 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 04 Oct - 08 Oct, 2026 | Online | English | USD 2,000 | Book |
| 04 Oct - 08 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 11 Oct - 15 Oct, 2026 | Online | English | USD 2,000 | Book |
| 11 Oct - 15 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 18 Oct - 22 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 18 Oct - 22 Oct, 2026 | Online | English | USD 2,000 | Book |
| 25 Oct - 29 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 25 Oct - 29 Oct, 2026 | Online | English | USD 2,000 | Book |
| 01 Nov - 05 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 01 Nov - 05 Nov, 2026 | Online | English | USD 2,000 | Book |
| 08 Nov - 12 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 08 Nov - 12 Nov, 2026 | Online | English | USD 2,000 | Book |
| 15 Nov - 19 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 15 Nov - 19 Nov, 2026 | Online | English | USD 2,000 | Book |
| 22 Nov - 26 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 22 Nov - 26 Nov, 2026 | Online | English | USD 2,000 | Book |
| 29 Nov - 03 Dec, 2026 | Online | English | USD 2,000 | Book |
| 29 Nov - 03 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 06 Dec - 10 Dec, 2026 | Online | English | USD 2,000 | Book |
| 06 Dec - 10 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Dec - 17 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Dec - 17 Dec, 2026 | Online | English | USD 2,000 | Book |
| 20 Dec - 24 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 20 Dec - 24 Dec, 2026 | Online | English | USD 2,000 | Book |
| 27 Dec - 31 Dec, 2026 | Online | English | USD 2,000 | Book |
| 27 Dec - 31 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
Face to Face Courses
Face to Face
Project Appraisal and Risk Management
5 Days
1566 Sessions
Corporate Governance Compliance Risk Management
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