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BFN409Management Sciences3 Unitsintermediate

Project Evaluation

This course provides an in-depth understanding of project evaluation, covering essential aspects from the project cycle to financial and economic analyses. It explores project planning, demand and market analysis, risk assessment, and cost-benefit analysis. Students will learn to prepare project plans, evaluate project proposals, and analyze profitability. The course aims to equip students with the skills to evaluate new and existing projects, ensuring they meet investment criteria and contribute to economic growth.

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156h
Study Time
13
Weeks
12h
Per Week
intermediate
Math Level
Course Keywords
Project EvaluationFinancial AnalysisEconomic AnalysisRisk AssessmentCost-Benefit Analysis

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
📊
Math Level
Moderate Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

Project Cycle

2

Demand Analysis

3

Supply Analysis

4

Project Cost Analysis

5

Financial Statements

6

Risk Management

7

Cost-Benefit Analysis

8

Project Evaluation Criteria

9

Economic Analysis

Total Topics9 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assignments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Project Manager

Apply your skills in this growing field

Financial Analyst

Apply your skills in this growing field

Investment Analyst

Apply your skills in this growing field

Business Development Manager

Apply your skills in this growing field

Consultant

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

BankingFinanceConstructionManufacturingConsulting

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: Project Meaning

4h

Unit 1: The Meaning of Project

2 study hours
  • •Define project
  • •Explain characteristics of a project
  • •Differentiate between project and programme

Unit 2: The Project Cycle

2 study hours
  • •Describe the project cycle
  • •Identify the stages of a project cycle
Week
2

Module 1: Project Meaning

4h

Unit 3: Project Evaluation – An Introductory Format

2 study hours
  • •Explain the format for project evaluation
  • •Discuss the technical and engineering segment

Unit 4: Factors Affecting the Location of Projects

2 study hours
  • •Explain factors affecting project location
  • •Discuss the nearness to markets and raw materials
Week
3

Module 1: Project Meaning

4h

Unit 5: Capacity and Production Planning

2 study hours
  • •Explain capacity and production planning
  • •Describe the concepts of capacity

Unit 6: Techniques of Project Identification

2 study hours
  • •Understand the meaning and steps in project identification
  • •Explain the top-bottom and bottom-up approaches to project identification
Week
4

Module 2: Project Planning and Analysis

4h

Unit 1: Manpower Planning and Evaluation

2 study hours
  • •Explain manpower planning and evaluation
  • •Discuss the practical applications in industry

Unit 2: Demand Analysis

2 study hours
  • •Explain what a demand analysis is
  • •Discuss how to conduct demand analysis
Week
5

Module 2: Project Planning and Analysis

4h

Unit 3: Supply Analysis

2 study hours
  • •Explain what a supply analysis is
  • •Discuss it in relation to project evaluation

Unit 4: Competition and Marketing Plans

2 study hours
  • •Explain the meaning of competition
  • •Discuss marketing plans and how they are designed
Week
6

Module 2: Project Planning and Analysis

4h

Unit 5: Project Cost Analysis

2 study hours
  • •Explain what project cost analysis is
  • •Discuss how the analysis can be prepared

Unit 6: Elements of project analysis

2 study hours
  • •Identify the elements of project analysis
  • •Explain six main elements of project analysis
Week
7

Module 3: Project Income and Evaluation

4h

Unit 1: Projected Income Statement

2 study hours
  • •Explain the meaning of projected income statement
  • •Discuss its application in project evaluation
  • •Prepare a projected income statement

Unit 2: Projected Cash Flow Statements

2 study hours
  • •Explain what a projected cash flow statement is
  • •Explain how it can be prepared
  • •Explain the usefulness
Week
8

Module 3: Project Income and Evaluation

4h

Unit 3: The Projected Balance Sheet

2 study hours
  • •Explain the meaning of a projected balance sheet
  • •Explain the preparation of the projected balance sheet
  • •Prepare a projected balance sheet

Unit 4: Project Evaluation Criteria

2 study hours
  • •Discuss project evaluation criteria
  • •Distinguish between the traditional criteria and the discounted cash flow relative to project evaluation
Week
9

Module 3: Project Income and Evaluation

4h

Unit 5: Introduction to Economic Analysis

2 study hours
  • •Explain the meaning of an economic analysis
  • •Distinguish between an economic analysis and a financial analysis

Unit 6: Cashflow Dimensions

2 study hours
  • •Explain the meaning of cashflow
  • •Discuss the dimensions of cashflows and its methods of preparation
Week
10

Module 4: Risk and Cost Analysis

4h

Unit 1: The Evaluation Methods

2 study hours
  • •Explain the meaning of Evaluation
  • •Analyse the purpose of evaluation and classify difference types of project evaluation

Unit 2: Concept of Risk in an Organisation

2 study hours
  • •Explain the potential risk to mankind
  • •Differentiate between speculative risk and operational risk
Week
11

Module 4: Risk and Cost Analysis

4h

Unit 3: Risk and Uncertainty

2 study hours
  • •Explain the term uncertainty
  • •Distinguish between risk and uncertainty
  • •Differentiate between objective and subjective risks

Unit 4: Assessment of Social Profitability

2 study hours
  • •Explain the meaning of profit
  • •Discuss social profitability plans and how they are designed
Week
12

Module 4: Risk and Cost Analysis

4h

Unit 5: Cost Benefit Analysis

2 study hours
  • •Explain the principles of CBA
  • •Discuss the challenges of CBA
  • •Explain the benefits of CBA

Unit 6: Evaluation Techniques

2 study hours
  • •Explain evaluation
  • •Discuss evaluation techniques as well as identify their merits and demerits
Week
13

Module 4: Risk and Cost Analysis

2h

Unit 7: Assessment of Private Profitability

2 study hours
  • •Explain profitability assessment
  • •Identify the main and proxy criteria for assessing private project profitability

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Focus on understanding the project cycle and its various stages (Module 1)

2

Practice preparing projected financial statements (Module 3)

3

Master the different project evaluation criteria (Module 3, Unit 4)

4

Understand the concepts of risk and uncertainty (Module 4, Units 2 and 3)

5

Review the case studies and examples provided in the course material

6

Create concept maps linking Units 3-5 database concepts

7

Practice SQL queries from Units 7-9 weekly

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