Module: Project Analysis, Financing and Management

Module Code PAM6111

Module Title Project Ananlysi, Financing and Management
Module Description This module is structured to enable participants establish a clear link between
public procurement and project management. Participants would appreciate that
if stakeholder requirements are not clearly defined, the procurement function
would suffer many setbacks. This module therefore focuses on critical
knowledge and application of areas that are often neglected and which indeed
contribute to many project failures in the public sector. The module seeks to
emphasize the application of the knowledge, tools and techniques for project
identification, appraisal, initiation, planning, implementation, monitoring and
controlling as well as closing of projects. Project procurement would be given a
special emphasis in this module.
Module Image

Module Level Masters

Abbreviation PAM-PM
Subtitle None
Duration in One semester
Semesters
Frequency Once in the duration of the program
Language English
Mode of Delivery Face-To-Face, Blended Learning
ECTS 8
WORKLOAD
Contact Hours 80 hrs
Self-Study Hours 160 hrs
Total Hours 240 hrs
I. ASSESSMENT
Description Participants will be expected to do the following:
(a) Analyse different cases
(b) Evaluate the project financing system of the Ethiopian and other developing
countries public sectors and enterprises and identify its strengths and weaknesses
(c) Do exercises and projects
(d) Take a final examination
The work will be graded as follows:
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 Case study (individual) ………………..…..….… 20%
Feasibility study and Microsoft Project …….….. 20%
Test ……….…………………………………..… 20%
Final exam ……………………………………… 40%
Total 100%
Examination Written
Types
Examination 180minutes
Duration
Assignments Exercise, Case Study, Individual and Group Assignment
Repetition As per the University`s Legislation
II. DESCRIPTION
Learning By the end of the module, participants will be able to:
Outcomes  Formulate projects by conducting the appropriate feasibility studies;
 Prepare a schedule for project activities;
 Identify resources required for completing the activities;
 Identify suitable source of financing a project;
 Establish an appropriate financial model for a project;
 Conduct financial and economic evaluation of projects;
 Assess project risk using different risk evaluation techniques;
 Track the costs, schedule and risks of a project through monitoring at regular
intervals in order to take appropriate corrective and preventive measures; and
 Prepare project reports to indicate the progress and performance of the projects at
different stages of the project implementation.
Prerequisites Basic knowledge of financial management, expenditure management, financial planning
Basic skill of mathematical modelling, capital budgeting, risk analysis
Content Participants will be introduced the following theoretical aspects of project management:
 Overview of Project manageemnt
 Market and demand analysis
 Technical Analysis
 Financial estimates and projections
 Risk analysis
 Social Cost – Benefit Analysis
 Contracts and Procurement
 Project Management, Network scheduling and Project Closures
After the theoritical session, they will receive practical training in use of:
 Microsoft Projects 2010
Learning & Lectures, Case studies, Discussions and Computer Lab
Teaching
Methods
Media Power point presentation, Some cases to be analysed
Literature Audace I Kanshahu (1996), Planning and Implementing Sustainable Projects in
Developing Countries, AgBe Publishing, Holland.
Beherenus W and Hawranek PM(1991), Manual for Preparation of Industrial

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 Feasibility Studies, UNIDO
Chandra P. (2002) Projects: Planning: Planning, Analysis, financing, Implementation,
and Review. 5th ed, Tata McGrawHill, New Delhi.
Finnerty D John,(1996), Project Financing, John Wiley & Sons Inc,USA
Harold Kerzner (2006), Project Management, -Case studies, 2nd Ed, John Wiley & Sons
Inc, USA
Harold Kerzner(2006), Project Management, John Wiley & Sons Inc,USA
Henkensfeldt Jansen, Project Evaluation and Discounted cash Flows, North Holland
Publishing Co., Amesterdam.
Little IMD and Mirrlees JA, Project appraisal and Planning for developing countries,
Heinmann Educational Books, London
Lock Dennis (2003), Project Management, 8th Ed, Gower,UK
Lyn Sakuire and Hosman G Van Der Tak, Economic Analysis of Projects, John Hopkins
University Press,London
Morly J English, Project evaluation- a unified approach for the analysis of capital
investments, McMillan, London
UNIDO, a guide to practical project appraisal, UN
UNIDO, Guidelines for project evaluation, Austria, Vienna
Yescombe ER(2002), Principles of project finance, academic press, USA
III. ORGANISATIONAL DATA
Responsible Biniam Berhie (PhD), binidirecsc@gmail.com
Persons
Teaching Learning Week Topic Teaching Duration
Sessions Unit No Method (Hours)
1 1 Chapter 1 - Introduction:
 Definition of Project
 Project life cycle
 Idea generation
 Preliminary screening Lecture 2
Chapter 2 - Market and demand Discussion 1
analysis: Exercises 2
 Situational analysis and specification
of objectives
1 2 Market and demand analysis
(continued):
 Collection of secondary information
• Conduct of Market Survey Lecture 2
• Characteristics of the market Discussion 1
Exercises 2
• Demand forecasting
• Market planning
2 3 Chapter 3 - Technical Analysis: Lecture 3
• Manufacturing process Exercises 2
• Technical arrangements
• Market inputs and utilities
3
 • Plant capacity, Location and site
2 4 Technical Analysis (continued): Exercise 2
• Machinery and equipment
• Structures and civil works
• Environmental aspects
3 5 Chapter 4 - Financial estimates and
projections: Lecture 2
• Cost of projects Group
• Sources of finance Discussion 1
Case Study 1
• Estimates of sales and production
• Cost of production
3 6 Financial estimates and projections
(continued):
 Working capital requirements and
its financing Lecture 2
 Profitability projections Group
 Projected cash flow statement Discussion 1
 Projected balance sheet Case Study 2
4 7 Chapter 5 - Risk Analysis:
• Sources, measures, and
perspectives on risk Lecture 2
• Methods of risk analysis Group
Discussion 1
• Sensitivity analysis
Exercise 2
• Scenario analysis
• Break-even analysis
• Simulation analysis
• Decision tree analysis
4 8 • Managing risk Lecture 2
• Project selection under risk Discussion 2
5 9 Social Cost Benefit Analysis
• Rationale for SCBA Lecture 3
• UNIDO Approach Group
o Net benefit in terms of Discussion 1
economic efficiency
o Measurement of the impact
on distribution
5 10 UNIDO Approach (continued):
o Savings impact and its value Lecture 3
o Income distribution impact Group
o Little-Mirrlees approach Discussion 2
6 11 Chapter 7 - Contracts and
Procurement: Lecture 2
• Introduction Group

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 • Procurement cycle Discussion 2
• Types of contracts
6 12 Contracts and Procurement
(continued): Lecture 3
• Contract type versus risk Group
• Contract administration cycle Discussion 2
7 13 Chapter 8 - Project Management,
Network scheduling and Project Lecture 2
Closures: Group
• Forms of project organization Discussion 2
• Project planning Case Study 2
• Project control
• Network scheduling
o Development of project
network
o Time estimation
o Determining critical path
o PERT and CPM model
o Network cost system
7 14 Project Management, Network
scheduling and Project Closures Lecture 2
(continued): Group
• Project Closure Discussion 2
 Administrative closure Case Study 2
 The final lessons-learned
review
 Personnel issues in project
closing
8 14 Chapter 9 - Tutorial on Microsoft
Projects 2010: Lecture 2
• The project interface Group
• Creating a new project Discussion 2
Computer
• Building tasks
Laboratory 2
• Creating resources and assigning
costs
8 15 Tutorial on Microsoft Projects 2010
(continued): Lecture 2
• Assigning resources to tasks Group
• Viewing the critical tasks Discussion 2
Computer
• Tracking Reports
Laboratory 3
Programmes CFMD/ PAM & PFM
Interconnect- Public Financial Management for Government and Non for profit organizations
ability (PAM5041)

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