Prosperas Skills Center

Training Course on Investment Appraisal and Capital Budgeting

Training Course on Investment Appraisal and Capital Budgeting

Duration: 5 Days

Location: Nairobi

Course Objectives
By the end of the course, participants will be able to:
•Understand the principles and processes of capital budgeting and investment appraisal
•Apply key financial metrics: NPV, IRR, Payback Period, Profitability Index
•Analyze project cash flows, opportunity cost of capital, and financing implications
•Incorporate risk and uncertainty into investment decisions
•Compare competing projects and make informed go/no-go decisions
•Align capital investment decisions with organizational goals and constraints
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Target Audience
This course is designed for:
•Finance and investment analysts
•Budgeting and planning officers
•Project managers and engineers involved in capital projects
•CFOs, finance directors, and senior executives
•Development partners and public sector planners
•Board members and investment committee members
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Training Methodology
•Facilitator-led sessions and technical demonstrations
•Hands-on calculations and Excel-based financial modeling
•Case studies from private and public sector investments
•Risk analysis scenarios and sensitivity testing
•Peer learning through group activities and decision simulations
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Expected Outcomes
Participants will:
•Gain a solid foundation in financial appraisal and capital budgeting
•Accurately assess and compare the financial feasibility of projects
•Understand the influence of risk, inflation, taxation, and financing options
•Make data-driven investment recommendations to decision-makers
•Improve resource allocation and investment prioritization

Course Modules / Key Topics
Module 1: Fundamentals of Capital Budgeting
•The capital budgeting process and strategic alignment
•Investment decision types: expansion, replacement, regulatory, etc.
•Importance of financial and non-financial criteria
Module 2: Time Value of Money and Cash Flow Estimation
•Discounting, compounding, and annuities
•Identifying relevant cash flows and project timing
•Adjusting for inflation and taxes
Module 3: Investment Appraisal Techniques
•Net Present Value (NPV) and Internal Rate of Return (IRR)
•Payback Period and Discounted Payback Period
•Profitability Index and Accounting Rate of Return
•Pros and cons of each method
Module 4: Risk, Uncertainty, and Sensitivity Analysis
•Scenario planning and risk-adjusted discount rates
•Break-even and sensitivity analysis
•Monte Carlo simulation (optional advanced module)
Module 5: Real Options and Strategic Investments
•Incorporating flexibility and real option value
•Evaluating multi-phase and interdependent projects
•Sustainability and ESG factors in capital investment
Module 6: Practical Application and Decision Making
•Case study: Appraisal of a private/public infrastructure project
•Group simulation: Investment committee decision
•Developing an investment appraisal report and recommendation

Course General Information

This course is delivered by qualified and experienced trainers with extensive expertise in their respective fields. Our training approach combines interactive theory sessions, hands-on practical activities, group work, and case studies, ensuring a dynamic and impactful learning experience.

Training Location

The sessions will be held at PROSPERAS SKILLS CENTER, Nairobi, Kenya. We also offer tailor-made group training at client-requested locations upon prior arrangement.

Certification

Upon successfully completing the training, participants will be awarded a certificate from PROSPERAS SKILLS CENTER.

Fees and Inclusions

Covers tuition, training materials, lunch, and venue. Accommodation and airport transfers can be arranged upon request.

Payment Details

Payment must be made to our bank account prior to the commencement of training. Please forward proof of payment to: trainings@prosperasskillscenter.com

For Further Inquiries

Contact us via email: trainings@prosperasskillscenter.com

Investment Appraisal and Capital Budgeting

Start Date End Date Online Fee (USD) In-Person Fee (USD) Register
17 Nov, 2025 21 Nov, 2025 1000 1500 Enroll
24 Nov, 2025 28 Nov, 2025 1000 1500 Enroll
01 Dec, 2025 05 Dec, 2025 1000 1500 Enroll
15 Dec, 2025 19 Dec, 2025 1000 1500 Enroll
05 Jan, 2026 09 Jan, 2026 1000 1500 Enroll
12 Jan, 2026 16 Jan, 2026 1000 1500 Enroll
19 Jan, 2026 23 Jan, 2026 1000 1500 Enroll
26 Jan, 2026 30 Jan, 2026 1000 1500 Enroll
02 Feb, 2026 06 Feb, 2026 1000 1500 Enroll
09 Feb, 2026 13 Feb, 2026 1000 1500 Enroll
23 Feb, 2026 27 Feb, 2026 1000 1500 Enroll
23 Feb, 2026 27 Feb, 2026 1000 1500 Enroll
02 Mar, 2026 06 Mar, 2026 1000 1500 Enroll
09 Mar, 2026 13 Mar, 2026 1000 1500 Enroll
23 Mar, 2026 27 Mar, 2026 1000 1500 Enroll
13 Apr, 2026 17 Apr, 2026 1000 1500 Enroll
20 Apr, 2026 24 Apr, 2026 1000 1500 Enroll
04 May, 2026 08 May, 2026 1000 1500 Enroll
11 May, 2026 15 May, 2026 1000 1500 Enroll
18 May, 2026 22 May, 2026 1000 1500 Enroll
08 Jun, 2026 12 Jun, 2026 1000 1500 Enroll
15 Jun, 2026 19 Jun, 2026 1000 1500 Enroll
22 Jun, 2026 26 Jun, 2026 1000 1500 Enroll
29 Jun, 2026 03 Jul, 2026 1000 1500 Enroll
06 Jul, 2026 10 Jul, 2026 1000 1500 Enroll
13 Jul, 2026 17 Jul, 2026 1000 1500 Enroll
20 Jul, 2026 24 Jul, 2026 1000 1500 Enroll
27 Jul, 2026 31 Jul, 2026 1000 1500 Enroll
03 Aug, 2026 07 Aug, 2026 1000 1500 Enroll
10 Aug, 2026 14 Aug, 2026 1000 1500 Enroll
17 Aug, 2026 21 Aug, 2026 1000 1500 Enroll
31 Aug, 2026 04 Sep, 2026 1000 1500 Enroll
07 Sep, 2026 11 Sep, 2026 1000 1500 Enroll
14 Sep, 2026 18 Sep, 2026 1000 1500 Enroll
21 Sep, 2026 25 Sep, 2026 1000 1500 Enroll
28 Sep, 2026 02 Oct, 2026 1000 1500 Enroll
12 Oct, 2026 16 Oct, 2026 1000 1500 Enroll
26 Oct, 2026 30 Oct, 2026 1000 1500 Enroll
02 Nov, 2026 06 Nov, 2026 1000 1500 Enroll
09 Nov, 2026 13 Nov, 2026 1000 1500 Enroll
16 Nov, 2026 20 Nov, 2026 1000 1500 Enroll
23 Nov, 2026 27 Nov, 2026 1000 1500 Enroll
30 Nov, 2026 04 Dec, 2026 1000 1500 Enroll
07 Dec, 2026 11 Dec, 2026 1000 1500 Enroll
14 Dec, 2026 18 Dec, 2026 1000 1500 Enroll