Before any capital is committed to a project, municipal or otherwise, decision-makers need a clear answer to one question: is this investment worth it? This course builds that answer methodically, walking participants through project valuation methods, feasibility studies, and the return and risk calculations that separate a sound investment decision from a costly mistake.

Beyond the numbers, the course connects valuation work to how public-sector and municipal finance teams actually operate: managing IT and information resources, applying operations-research tools to project activities, and using automated systems for data and reporting. Participants finish with the ability to assess a project from initial opportunity through to risk-managed implementation.

Course Objectives

• Understand the importance of feasibility studies and their key stages.
• Decide how to implement a project based on feasibility study results.
• Rationalize cost and make the best use of available productive capacity.
• Judge whether to establish a business or investment project based on available opportunities.
• Prepare marketing and technical feasibility studies.
• Manage IT resources within a municipal finance environment.
• Apply operations-research tools to project activity and resource management.

Who Should Attend

• Project managers and executives.
• Investors, entrepreneurs, and capital providers.
• Accounting and finance staff in municipalities.
• Supply chain management leaders and department heads.

Module 1: Foundations of Project Valuation

• Why project valuation matters and the factors that affect it.
• Changes in financial status as a baseline for valuation.
• Overview of project valuation methods.

Module 2: Valuation Techniques and Return Metrics

• Current value of cash flows and net present value.
• Internal rate of return, return on maturity, and payback period.
• Responsibility, impairment, and regional evaluation considerations.

Module 3: From Investment Concept to Feasibility Study

• Investment concept and studying investment opportunities.
• Feasibility study of investment, including technical and marketing feasibility.
• Final evaluation before committing to the project.

Module 4: Implementation Stage

• Project implementation stage and its requirements.
• The transactions stage and its characteristics.
• Special cases and preferences in project interactions.

Module 5: Introduction to Project Risk Management

• Sources of project risk and how to analyze them.
• Risk management laws, principles, and standards.
• Building a risk management implementation strategy and plan.

Module 6: Applying Risk Precautions in Practice

• Methods of risk assessment and required precautions.
• The relationship between risk and institutional policies.
• Handling risks related to corruption and choosing the right timing for precautions.
• Risk assessment categories and field work.