Course Description

Public Spending Code

This Public Spending Code course is intended to introduce the Public Spending Code (PSC) for Capital Projects.  It aims to develop the skills and knowledge of the participants in investment appraisal tools and techniques necessary to build a public sector capital expenditure financial analysis of a project.

Learning Outcomes

On completion of the Public Spending Code online course participants will be able to:

  • Engage in the mathematics of compound and discounting.
  • Conduct an appraisal using Accounting Rate of Return, Payback method, Discounted Payback method, Net Present Value, Benefit-Cost Ratio, and Internal Rate of Return.
  • Identify risk and explore the quantification of risk.

Course Content

This introduction to the Public Spending Code (PSC) for Capital Projects will cover the following areas:

  • PSC overview, the scale of appraisals, project lifecycle, etc.
  • Financial mathematics (discounting and compounding) together with practical Investment Appraisal methodologies (Accounting Rate of Return, Payback method, Discounted Payback method, Net Present Value, Benefit to Cost Ratio, Internal Rate of Return, Timing of cashflow).
  • Risk and internal control considerations are also discussed.

Delivery and Dates

This online course is delivered over two sessions, 10:00am – 12:30pm and 1:30pm and 3:30pm. It will be remotely delivered through MS Teams and facilitated by subject matter experts.

Scheduled Dates:

  • 31 January 2022
  • 14 March 2022
  • 25 April 2022
  • 7 June 2022
Training ProviderInstitute of Public Administration
Course LocationBallsbridge, Dublin
Location PostcodeDublin 4
Course CategoryPublic Finance, Finance
Course TypeOnline Learning
Course Start Date31st January 2022
Course End Date31st January 2022
Course DurationOne Day Online Course
Course Time10:00am - 12:30pm and 1:30pm and 3:30pm
Course Fee360.00
Phone01 240 3666
For information about Institute of Public Administration, please visit our Training Provider page on by clicking here.

Course Provider

Institute of Public Administration

57-61 Lansdowne Road,, Ballsbridge, Ballsbridge, Dublin, Ireland. Eircode: D04 TC62

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Institute of Public Administration
57-61 Lansdowne Road,
Ballsbridge, Ballsbridge, Dublin
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