Training Course in Project Valuation and Risk Management for Private Projects
1Summary
A project can look perfect on paper and still fail, because nobody ran the numbers properly, or because the risks around it were never mapped out before launch. Project management ultimately rests on three pillars: human resources, financial management, and timely delivery against expected returns, and getting all three right is what turns a good idea into a profitable venture.
This course walks participants through the ten most common difficulties facing any project, financial, human, quality-related, and risk-related, and how to work through them systematically. It also covers risk management as a discipline: identifying, measuring, and assessing risk, then building strategies to transfer, prevent, minimize, or absorb it.
2Objectives and target group
Who this course is for:
- Project managers overseeing execution and delivery.
- Executives responsible for approving and supervising projects.
- Investors, entrepreneurs, and capitalists evaluating where to put their money.
What you will be able to do by the end:
- Understand why feasibility studies matter and what stages a proper study goes through.
- Implement a project based on the results of different feasibility studies, and make sound investment approval decisions.
- Rationalize cost, use available productive capacity efficiently, and keep labor productivity consistent with the project's theoretical objectives.
- Decide whether or not to launch a business or investment project based on available opportunities and preliminary or detailed feasibility studies.
- Prepare marketing and technical feasibility studies and use them to shape the project's structure.
3Course Content
Module 1: Project Valuation Fundamentals
- Why project valuation matters, and the factors that affect it.
- The basis for changes in financial status, and the different methods used to assess a project.
- Current value of cash flows and net present value; internal rate of return; return on maturity and payback period.
Module 2: Special Cases and Regional Considerations
- Responsibility and impairment issues in project valuation.
- Regional evaluation, and special cases involving project interaction preferences.
Module 3: Feasibility Studies, Start to Finish
- The investment concept and studying available investment opportunities.
- Investment feasibility studies, technical feasibility studies, and marketing feasibility studies.
- Final evaluation, project implementation stage, and the characteristics of the transactions stage.
Module 4: Risk Management from A to Z
- Introduction to project risk management, and the main sources of project risk.
- Project risk analysis, and the laws, principles, and standards that govern risk management.
- Building a risk management strategy and implementation plan, and methods of risk assessment.
Module 5: Putting Risk Precautions into Practice
- Precautions to take to avoid risk, and the right timing for taking them.
- The relationship between risk and the institution's own policies and procedures.
- Why risks get assessed, and how the necessary precautions are certified.
- Handling risks that stem from corruption, plus risk assessment categories and field work.