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Project Appraisal and Risk Management

A PMI Registered Training Course

Project Appraisal and Risk Management

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

Course Summary

Organisations rely on effective project appraisal to ensure that proposed initiatives align with strategic objectives, deliver value, and address business challenges. This training course explores how to evaluate project viability, feasibility, and risk across the full project lifecycle, enabling informed decision-making at critical stages. Participants will gain a structured understanding of governance, financial evaluation, and strategic alignment, ensuring that projects are assessed with clarity and precision. The Project Appraisal & Risk Management training course equips professionals with the knowledge to analyse project opportunities while balancing risk, cost, and expected outcomes.

A strong focus is placed on proactive risk management, emphasising both threats and opportunities to optimise project results. Participants will explore qualitative and quantitative approaches to risk assessment, financial appraisal techniques, and decision-making frameworks that support project success. By integrating governance, financial insight, and structured risk processes, the Project Appraisal & Risk Management training course enables professionals to enhance project performance and organisational impact through informed and strategic project evaluation.

Skills & Competencies

From this Project Appraisal & Risk Management training course, participants will develop the following key skills and competencies:

  • Project viability and feasibility evaluation
  • Strategic project decision-making
  • Financial appraisal and analysis
  • Risk identification and assessment
  • Governance and project control understanding
  • Proactive risk management capability

Key Learning Outcomes

At the end of Project Appraisal & Risk Management training course, you will learn to:

  • Analyse projects from a strategic and governance perspective.
  • Evaluate project viability, feasibility, and associated risks.
  • Apply financial appraisal techniques for project decision-making.
  • Implement structured risk management processes across projects.
  • Identify procurement strategies and project financing options.

How You Will Learn

Learning is developed through structured exploration of project appraisal, governance, and risk management principles. Participants examine financial evaluation methods, decision-making frameworks, and risk processes to strengthen project outcomes. Emphasis is placed on applying analytical thinking to assess project viability and manage uncertainty effectively across the project lifecycle.

Who should Attend?

This training course is designed for professionals involved in project evaluation, governance, and decision-making across various industries. It benefits those seeking to strengthen project appraisal, financial analysis, and risk management capabilities.

This Project Appraisal & Risk Management 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
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

Options & Brochure
Related Certificates
NASBA PMI

Customisation & In-House Delivery

Delivering this training course in-house enables organisations to align project appraisal and risk management practices with internal governance frameworks and strategic priorities. Customisation ensures that participants focus on real organisational challenges, strengthening decision-making, financial evaluation, and risk management capabilities that directly impact project success.

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this Project Appraisal & Risk Management training course:

  • Improved project decision-making accuracy
  • Stronger alignment with organisational strategy
  • Enhanced financial evaluation capability
  • Proactive risk identification and mitigation
  • Increased project success and efficiency
  • Better governance and control practices
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

View All Training Locations

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email [email protected] . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at [email protected]

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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