Sound investment decision–making in the public and private sectors is key to ensuring the sustainable health & growth of the economy. In this Oxford Project Appraisal and Risk Management (PARM) program, you will acquire knowledge & tools to conduct project appraisal.
If an important capital project does not achieve the financial and strategic goals of the promoter organisation, it can result in financial losses, waste of resources and impacts across wider reputational spheres. If that failure stems from not applying the tools and techniques of modern project appraisal, risk analysis or project selection, these are avoidable errors.
The decision whether or not to invest a substantial amount in a new capital project can be based on a range of project analysis tools and techniques, backed up by rigorous, systematic evaluation of alternative options, risk factors and funding solutions. The end result is improved decision making and increased effectiveness of projects.
This Oxford training Course will highlight:
- The importance of thorough project appraisal and selection
- The advantages, disadvantages and practical applications of various appraisal methods
- Key economic and financial analysis principles
- Modern concepts of risk assessment and techniques for risk management
- The increasingly important role of public-private partnership (PPP) solutions in delivering successful projects
This Project Appraisal and Risk Management (PARM) program is made up of three modules:
Module 1 – Project Appraisal: Identification, Policy Analysis & Selection
Module 2 – Project Appraisal: Financial and Economic Factors
Module 3 – Project Risk Analysis & Management
Since each Module is focused on a distinct key strategic aspect of project appraisals and risk management, participants can elect to attend only those modules that bear on their own professional involvement (for example, accounting and finance specialists may opt to attend Module 2).
However all three Modules are connected and collectively integrated into an comprehensive overview of the subject matter, with benefits for all participants who need an awareness of the total project environment.