Description

Background

Economic development is synonymous with societal progress, and understanding the comprehensive implications of developmental projects is paramount. The myriad of factors influencing a project’s potential benefits and setbacks is complex, and every decision made can have ripple effects on communities, local economies, and even international relations. As the pace of growth and innovation continues to accelerate, so too does the need for professionals equipped with the analytical tools and foresight to evaluate the multifaceted aspects of development projects. The “Economic Evaluation of Development Projects” course is meticulously designed by leading experts in the field. Drawing from Accord Worldwide’s rich legacy of capacity-building and training solutions, this five-day intensive program delves deep into the methodologies, techniques, and best practices essential for performing a holistic economic evaluation.

The skills imparted in this course will allow you to enhance your development program management success. Whether you work in land management, healthcare, social welfare, education, or rural economic development, you will gain a vital understanding of proven international principles for economic evaluation.

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Benefits

This course will provide you with:

• The fundamental methods used for economic evaluation
• Comprehensive grasp of evaluation dimensions.
• Types of economic evaluations and the ability to determine cost-effectiveness
• Mastery of evaluation methodologies.
• Hands-on experience with real-world case studies.
• Models for decision analysis
• Enhanced strategic decision-making skills.
• Advanced risk assessment capabilities.
• Techniques for effective stakeholder engagement.
• Emphasis on long-term project sustainability.
• Professional growth in development project evaluation

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Who Should Attend?

Public sector professionals and government officials who deal with development projects will benefit greatly from attending this comprehensive ‘research-based’ Course. Executives, team leaders, consultants and project managers alike will find the information in this program beneficial to their organizational success.

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Curriculum

Day 1: Introduction & Fundamentals

1. Overview of Economic Evaluation in Development Projects.
2. Principles of Development Economics.
3. Basic Tools and Techniques for Evaluation.
4. Importance of Stakeholder Involvement.
5. Establishing Clear Project Objectives.

 

Day 2: Methodologies & Techniques

1. Quantitative Evaluation Techniques.
2. Qualitative Evaluation Techniques.
3. Mixed-Methods in Economic Evaluation.
4. Case Study Analysis: Methodology Application.
5. Software and Tools for Data Analysis.

 

Day 3: Real-World Applications & Case Studies

1. Evaluating Infrastructure Development Projects.
2. Assessment of Social Development Initiatives.
3. Case Study: Urban Development Projects.
4. Case Study: Agricultural & Rural Development.
5. Environmental Impact and Sustainability in Project Evaluation.

 

Day 4: Advanced Topics & Risk Management

1. Advanced Quantitative Models for Evaluation.
2. Risk Identification and Assessment in Development Projects.
3. Mitigation Strategies for Identified Risks.
4. Engaging with External Evaluators and Auditors.
5. Sensitivity Analysis in Economic Evaluation.

 

Day 5: Future Prospects & Professional Growth

1. Trends in Global Development and Implications for Evaluation.
2. Long-Term Sustainability in Economic Evaluation.
3. Building a Career in Development Project Evaluation.
4. Effective Communication of Evaluation Results.
5. Course Recap and Certification Process.