Governments lose billions every year to projects that are poorly selected, under-costed or left unfinished, and the cost lands on taxpayers for decades. Ten days train planners, economists and finance officials to run the whole investment cycle with discipline, from the first idea to the post-completion review. The first week builds the appraisal toolkit: project concept notes, problem analysis, demand forecasting, cost estimation, financial and economic analysis, cost-benefit and cost-effectiveness methods, discounting, shadow prices and sensitivity analysis.
The second week widens the lens to the portfolio. You rank and prioritise projects against fiscal space and strategic goals using multi-criteria analysis, link investments to the medium-term budget, screen public-private partnerships and fiscal risks, and review procurement readiness, implementation, monitoring and evaluation. Participants build appraisal spreadsheets, test climate and gender considerations, and complete an integrated portfolio exercise that they present to a mock investment committee. The course is aimed at officers in planning and finance ministries, public investment units, line ministry project teams, county and state planners, auditors, parliamentary committee staff and development partner advisers. Delivery is classroom, online or in-house with a CPD-accredited certificate. You finish able to challenge a proposal with evidence and shape an affordable pipeline.
Public investment is among the most powerful tools a government has for building roads, hospitals, power plants and schools, yet it is also among the most error-prone. Projects enter the budget without proper appraisal, optimistic costs and demand forecasts go unchallenged, and political pressure crowds out the economically strongest options. The result is stalled works, cost overruns, stranded assets and mounting arrears, often at a time when fiscal room is narrow and borrowing costs are high.
The Public Investment Management, Project Appraisal and Portfolio Prioritisation Training Course addresses the full chain over two weeks. Participants first study the stages of public investment management, institutional arrangements and the standards that good systems share. They then master appraisal techniques: needs and options analysis, cost and demand estimation, financial viability, cost-benefit analysis, risk and sensitivity assessment, and the treatment of environmental, social, gender and climate effects. In the second week the focus turns to selection and portfolio decisions: project screening, multi-criteria ranking, affordability, programme sequencing, procurement readiness, public-private partnership assessment and the management of contingent liabilities.
Later days follow projects into delivery, covering project management, cost and schedule control, monitoring dashboards, completion and post-implementation evaluation. Throughout, participants work with spreadsheet models and realistic project files. The final two days are devoted to an integrated portfolio exercise in which teams appraise, rank and present a pipeline to a simulated investment committee.
By the end of the ten days, participants will be able to:
Participants leave the programme with:
The ten days alternate analytical technique with applied work. Delivery combines:
Day 1: The Public Investment Management Cycle
Day 2: Strategic Alignment and Project Identification
Day 3: Demand, Cost Estimation and Financial Analysis
Day 4: Economic Appraisal and Cost-Benefit Analysis
Day 5: Risk, Sensitivity and Alternative Methods
Day 6: Project Selection and Portfolio Prioritisation
Day 7: Budgeting, Financing and Public-Private Partnerships
Day 8: Procurement, Implementation and Delivery Control
Day 9: Monitoring, Evaluation and Asset Management
Day 10: Integrated Portfolio Exercise and Reform Planning
The programme is designed for those who prepare, appraise, select or oversee public projects, including:
Participants who attend the ten days and complete the appraisal exercises and the portfolio presentation will be awarded a CPD-accredited Certificate of Completion by Vision Reach Global Consultancy.
It certifies completed training and is not a professional engineering or economics licence.
Upcoming cohorts
CPD-Accredited
Official invoice & confirmation letter provided
Team discount for 3+ seats
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Everything you need to know about this course before you register.
By the end of the Public Investment Management, Project Appraisal and Portfolio Prioritisation programme, you'll be able to describe the stages of the public investment management cycle and the institutions that support each one, prepare project concept notes and options analyses that justify a public intervention, estimate costs, benefits and demand with transparent assumptions, and carry out financial and economic cost-benefit analysis, including discounting and shadow pricing. The full breakdown of topics is covered session by session in the Course Outline tab above.
The programme is designed for those who prepare, appraise, select or oversee public projects, including: Officers in planning and finance ministries and public investment units, Line ministry project and programme managers, County, state and local government planners, Economists and cost-benefit analysts, Public procurement and contract managers, Internal and external auditors of capital projects, Parliamentary and assembly committee staff, Staff of development banks and partner agencies, and PPP unit officers and infrastructure specialists.
Public Investment Management, Project Appraisal and Portfolio Prioritisation Training Course typically runs as 10 Days. It's available as in-person classroom, live virtual, and in-house corporate training — every course can also be delivered on-site for your team on dates that suit you.
Public Investment Management, Project Appraisal and Portfolio Prioritisation Training Course is scheduled in-classroom in Nairobi, Kenya, Mombasa, Kenya, Naivasha, Kenya, and Kisumu, Kenya, and 14 other locations, plus a live interactive virtual classroom you can join from anywhere. Check the schedule panel above for exact upcoming dates and fees in each location.
The next live virtual cohort of Public Investment Management, Project Appraisal and Portfolio Prioritisation starts October 26, 2026, with new classroom cohorts also running on a rolling basis. Pick a date and location in the schedule panel above, then click "Register for the Course" — it takes a few minutes and your seat is confirmed once payment or a signed purchase order is received.
Yes — delegates who meet the attendance requirement receive a Certificate of Completion for Public Investment Management, Project Appraisal and Portfolio Prioritisation Training Course from Vision Reach Global Consultancy, issued in the name you register with, so double-check the spelling at checkout.
Public Investment Management, Project Appraisal and Portfolio Prioritisation Training Course is pitched at advanced professionals. If you're unsure whether it's the right fit for your current role or background, message our training advisors before you register and they'll help you confirm.
Fees for Public Investment Management, Project Appraisal and Portfolio Prioritisation Training Course vary by delivery location and format and are shown in real time in the schedule panel above once you pick a date. Register 3 or more delegates on the same course together and a 5% team discount is applied automatically — larger cohorts can request a custom corporate quote.
Yes — Public Investment Management, Project Appraisal and Portfolio Prioritisation Training Course can be delivered on-site at your offices (or virtually for distributed teams), with case studies and examples tailored to your industry and the specific challenges your team is working through. Switch to the "In-House" tab in the schedule panel above to request a proposal.
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