Project Appraisal and Risk Management
A PMI Registered Training Course

Project Appraisal and Risk Management

Drivers and Methodologies towards Project Success

NASBA PMI
Scheduled Dates
Date Venue Fees
23 - 27 Nov 2026 Amsterdam $ 5,950
15 - 19 Mar 2027 Paris $ 5,950
12 - 16 Apr 2027 Online $ 4,950
05 - 09 Jul 2027 London $ 5,950
20 - 24 Sep 2027 Dubai $ 5,950
04 - 08 Oct 2027 Online $ 4,950
22 - 26 Nov 2027 Amsterdam $ 5,950

Introduction

This Project Appraisal and Risk Management training course develops the capabilities required to evaluate proposed projects, assess their strategic and financial viability and manage the risks that can affect successful delivery. Sound project decisions require more than estimating costs and expected benefits. Decision-makers need to understand strategic alignment, governance, funding, economic feasibility, uncertainty and risk before committing organisational resources.

The training course integrates project appraisal with financial evaluation and structured risk management. Participants will examine business cases, project selection, cost and cash-flow analysis, financing options, investment appraisal and alternative project-delivery models. They will then apply a systematic risk-management process covering identification, assessment, response planning, implementation and review. Public-Private Partnerships (PPP), funding solutions and project governance are also considered to provide a comprehensive framework for making better-informed project investment and delivery decisions.

This Project Appraisal and Risk Management training course will highlight:

  • Aligning project selection with organisational strategy
  • Developing and evaluating robust project business cases
  • Assessing project costs, cash flows and economic viability
  • Evaluating financing and alternative project-delivery approaches
  • Applying structured project risk analysis and response planning
  • Integrating appraisal, funding and risk into project decisions

Objectives

By the end of this Project Appraisal and Risk Management training course, participants will be able to:

  • Evaluate projects against strategic, financial and operational criteria.
  • Develop and assess project business cases and feasibility considerations.
  • Apply financial analysis techniques to project investment decisions.
  • Evaluate project financing and alternative delivery approaches.
  • Identify, assess and prioritise project risks systematically.
  • Develop appropriate risk responses and monitor their effectiveness.

Training Methodology

This training course combines expert-led presentations, project-appraisal examples, financial calculations, decision scenarios and risk-analysis exercises. Participants will evaluate business cases, project costs, cash flows and investment alternatives before applying structured techniques to identify and assess project risks. Examples involving project finance, BOT and PPP arrangements will connect appraisal principles with different delivery and funding models.

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 attending this Project Appraisal and Risk Management training course will develop:

  • Stronger project appraisal and evaluation skills
  • Improved understanding of business cases and feasibility
  • Greater confidence in financial project analysis
  • Better understanding of project funding alternatives
  • Practical capability in project risk assessment
  • Improved judgement in project selection and investment decisions

Who should Attend?

This GLOMACS Project Appraisal and Risk Management training course is suitable to a wide range of professionals but will greatly benefit: 

  • Project Managers
  • Project Planning and Control Professionals
  • Project Appraisal and Evaluation Professionals
  • Project Finance Professionals
  • Investment and Capital Planning Professionals
  • Project Risk Managers and Analysts
  • Project Governance and PMO Professionals
  • Feasibility Study Professionals
  • Capital Projects Professionals
  • PPP and Infrastructure Project Professionals
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
Certificates
  • Upon successful completion of the classroom-based training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
  • Upon successful completion of the online training course, a GLOMACS Certificate will be awarded to all delegates. Guided Learning Hours – In accordance with ISO 9001:2015–certified quality management standards, one Guided Learning Hour is awarded for every 60 minutes of attendance.
  • The certificate will also have a PMI Course Identifier, which will enable the learners to claim Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI) towards certification or recertification of PMI credentials.
Providers and Associations

Endorsed Education Provider

NASBA
PMI

In Association With

Related Courses
Frequently Asked Question

GLOMACS offers both online and in-person training options. You can choose from interactive virtual sessions or attend one of our globally located in-person training courses. The flexibility ensures that learning fits your schedule and preferences.

Yes, GLOMACS provides customized training solutions tailored to meet the specific needs of organizations. We work closely with companies to design bespoke training courses that address their unique challenges and objectives.

Our courses are structured to provide a balanced mix of theory and practical application. They typically include presentations, case studies, group discussions, hands-on activities, and interactive Q&A sessions to maximize learning outcomes.

For detailed information about specific courses, including course content, schedules, and instructors, you can visit our website or contact our customer service team. They will be happy to provide all the information you need to make an informed decision.

You can register for a GLOMACS training course by visiting our website, selecting the course of your choice, and following the simple registration process. You can also contact our support team for assistance with the registration process.

Attending a GLOMACS training course offers numerous benefits, including enhanced professional skills, increased employability, industry-recognized certification, networking opportunities with peers and experts, and the chance to apply practical knowledge directly to your workplace.

GLOMACS is a globally recognized leader in professional training and development, with a reputation for delivering high-quality, results-driven training courses. We offer a broad spectrum of training courses taught by expert trainers, flexible delivery options (both online and in-person), and accredited certifications that add real value to your career.

Yes, upon successful completion of any of our training courses, GLOMACS Certificate will be awarded to the delegates. This certificate is a valuable addition to your professional portfolio and is recognized across various industries.

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