Project Appraisal & Evaluation
- Management Sciences
- 200 level
- 2 credit units
- 124 pages
- 15 units
This course on Project Appraisal and Evaluation is designed to equip students with the essential skills and knowledge required to assess and evaluate projects effectively. It covers a wide range of topics, including project cycles, project definition, technical analysis, market analysis, and financial analysis. The course aims to provide students with a comprehensive understanding of project evaluation methodologies, enabling them to make informed decisions in entrepreneurial and business settings.
About this course
- Difficulty
- Intermediate
- Study hours
- 195 hours
- Maths
- Intermediate
- Content
- Theoretical, practical, case study
- Practical work
- Yes
- Assignments
- Tutor marked assignments
- Final examination
What you'll read
The real module and unit structure of ENT216, taken from the course material NOUN publishes.
One paragraph, so you can see how it reads
ENT216 · UNIT 1: THE PROJECT CYCLE
Our first important task in this unit is to examine the concept of a project cycle. The concept is very crucial as its understanding will go a long way to ensure that we are carried along in our study. A good understanding of a project cycle will guide us throughout the duration of this course.
What you should be able to do
- Appraise the totality of project evaluation
- Prepare simple project/business plans
- Evaluate projects submitted for consideration
- Understand the project cycle and its various stages
- Apply technical analysis to projects
- Conduct demand and market analysis
What it prepares you for
- Project Manager
- Business Analyst
- Investment Analyst
- Entrepreneur
- Financial Analyst
- Construction
- Manufacturing
- Finance
- Healthcare
- Technology
Where it gets hard
The units students slow down on, and what makes each one heavy.
- Module 3:
Unit 2: Cash Flow Analysis
Requires a deep understanding of financial statements and the ability to project future cash flows accurately.
- Module 3:
Unit 4: Discounted Cash Flow Methods of Appraisal
Involves complex calculations and understanding of the time value of money, which can be challenging for students without a strong financial background.
A suggested way through it
13 weeks, about 30 hours in total. Yours will differ.
- Week 1Module 1:
Unit 1: The Project Cycle · 2 hours
Define project cycles and their importance.. Discuss the project idea stage and identification stage..
Unit 2: Project Definition · 2 hours
Differentiate between tangible and intangible projects.. Discuss the characteristics of projects and their objectives..
- Week 2Module 1:
Unit 3: Project Evaluations – An Introductory Format · 2 hours
Explain the technical segment of project appraisal.. Discuss the management segment and its importance..
Unit 4: Introduction to Technical Analysis of Projects · 2 hours
Discuss land and buildings in technical analysis.. Explain the importance of machinery and equipment..
- Week 3Module 1:
Unit 5: Evaluating Capacity and Production Plans · 2 hours
Evaluate capacity and production plans.. Differentiate between installed, attainable, and actual capacity..
- Week 4Module 2:
Unit 1: Manpower Planning and Evaluation · 2 hours
Explain manpower planning and evaluation.. Discuss the importance of a manpower plan..
- Week 5Module 2:
Unit 2: Demand and Market Analysis · 2 hours
Explain the nature of demand analysis.. Relate demand analysis to the market..
- Week 6Module 2:
Unit 3: Evaluating Market Supply · 2 hours
Explain market supply and its evaluation.. Discuss the supply equation..
- Week 7Module 2:
Unit 4: Evaluating Competition and Marketing plans · 2 hours
Explain the meaning of competition.. Describe marketing plans and their components..
- Week 8Module 2:
Unit 5: Financial Analysis of Project Part One · 2 hours
Describe the concept of financial analysis of projects.. Explain the core items in financial analysis of projects..
- Week 9Module 3:
Unit 1: Financial Analysis of Projects – Part Two · 2 hours
Derive the meaning of the income statement.. Describe the preparation of the projected income statement..
- Week 10Module 3:
Unit 2: Cash Flow Analysis · 2 hours
Explain cash flow analysis.. Describe the preparation of a cash flow statement..
- Week 11Module 3:
Unit 3: Traditional Investment Appraisal Methods · 2 hours
Describe the traditional investment appraisal methods.. Explain how to use them to rank projects..
- Week 12Module 3:
Unit 4: Discounted Cash Flow Methods of Appraisal · 2 hours
Describe the concept of discounted cash flow methods.. Discuss their practical relevance..
- Week 13Module 3:
Unit 5: Economic Appraisal & Evaluation of Projects · 2 hours
Explain the meaning of economic appraisal.. Describe economic appraisal and evaluation..
Preparing for the exam
- Review all units, focusing on key concepts and formulas.
- Practice preparing project plans and financial statements.
- Understand the differences between financial and economic analysis.
- Work through examples of discounted cash flow methods.
- Create concept maps linking project appraisal stages.
Questions students ask about this course
What is ENT216 about?
This course on Project Appraisal and Evaluation is designed to equip students with the essential skills and knowledge required to assess and evaluate projects effectively. It covers a wide range of topics, including project cycles, project definition, technical analysis, market analysis, and financial analysis. The course aims to provide students with a comprehensive understanding of project evaluation methodologies, enabling them to make informed decisions in entrepreneurial and business settings.
How many units does ENT216 have?
ENT216, Project Appraisal & Evaluation, has 15 units across 3 modules, over 124 pages of course material. You can read it one unit at a time.
How many credit units is ENT216?
ENT216 carries 2 credit units, at 200 level in Management Sciences.
Is ENT216 hard?
ENT216 is rated intermediate level, with intermediate mathematical content. It is mostly theoretical, practical and case study work, and it has a practical component.
How long does ENT216 take to study?
About 195 hours of study, spread across its 15 units.
How is ENT216 assessed?
ENT216 is assessed by assignments, tutor marked assignments and final examination.
What can I do with ENT216?
Project Manager, Business Analyst, Investment Analyst, Entrepreneur and Financial Analyst.