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Investment Appraisal Methods for Capital Projects

This course provides a thorough grounding in the methods used to appraise capital projects and choose between them. Participants learn to build cash flow forecasts and apply appraisal techniques with confidence.

What you will be able to do

  • Build project cash flows on a sound basis
  • Apply payback, net present value and rate of return
  • Account for tax, inflation and financing effects
  • Compare mutually exclusive project options
  • Handle risk and uncertainty in appraisals
  • Recommend which projects to fund and why

Course outline

  1. 01The purpose of investment appraisal
  2. 02Building relevant project cash flows
  3. 03Time value of money principles
  4. 04Payback and discounted payback
  5. 05Net present value and profitability index
  6. 06Internal rate of return and its pitfalls
  7. 07Tax and inflation adjustments
  8. 08Dealing with risk and uncertainty
  9. 09Comparing and ranking projects
  10. 10Presenting the appraisal recommendation

Who should attend

Finance officers, project accountants, analysts and managers who appraise or approve capital projects.

Dates, venues and fees

DatesVenueDaysFeeCalendar
17 to 19 Aug 2026Cairo3US$1,500
24 to 26 Aug 2026Accra3US$1,500
31 Aug to 2 Sep 2026Lusaka3US$1,500
7 to 9 Sep 2026Kigali3US$1,500
14 to 16 Sep 2026Nairobi3US$1,500
21 to 23 Sep 2026Durban3R13,000
28 to 30 Sep 2026Johannesburg3R13,000
12 to 14 Oct 2026Mauritius3US$1,500
19 to 21 Oct 2026Dubai3US$1,500
26 to 28 Oct 2026Lagos3US$1,500
2 to 4 Nov 2026Harare3US$1,500
9 to 11 Nov 2026Kampala3US$1,500
16 to 18 Nov 2026Dar es Salaam3US$1,500
23 to 25 Nov 2026Pretoria3R13,000
30 Nov to 2 Dec 2026Cape Town3R13,000
14 to 16 Dec 2026Online3US$900
21 to 23 Dec 2026Mozambique3US$1,500

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.

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