Training Course: Feasibility Studies: Preparation, Analysis and Evaluation

the developed feasibility study is an essential foundation to allow project analysis and design activities to commence in a focused manner

REF: FA321410

DATES: 5 - 9 May 2025

CITY: Orlando, Florida (USA)

FEE: 5700 £

All Dates & Locations

Introduction

This course provides professionals a firm basis to determine whether the project has sufficient merit to continue into a more detailed phase. This is achieved by means of a feasibility study. A well-developed feasibility study is an essential foundation to allow project analysis and design activities to commence in a focused manner. It either refines a business case by examining the range of possible options and potential issues or forms a basis for its development.

Feasibility studies address issues that could influence the success of a potential project and assess the advantages and disadvantages of each option so they can be ranked. The end product of the study is a clear, concise report which presents the proposed project’s objectives, with conclusions and recommendations for the next phase.

Course Objectives

  • Employ individual leadership performance by identifying methods of completing feasibility studies.
  • Discover effective project planning for feasibility studies for individuals and teams.
  • Examine project management techniques to plan and organize feasibility studies.
  • Use stakeholder management to involve stakeholders in feasibility studies.
  • Apply useful planning, organization, and people management skills.

Course Outlines

Day 1
Planning a Feasibility Study

  • Introductions, course purpose, goals, and objectives.
  • What are feasibility studies and why are they important?
  • Feasibility studies: definitions, principles, and concepts.
  • Identifying where a feasibility study occurs in a project plan.
  • Creating and protecting ‘value’.
  • Understanding the business need.

Day 2

Considering the Options

  • Distinguishing between needs and wants.
  • Performing an options analysis.
  • Creative thinking and problem-solving.
  • Consideration of the risks and opportunities.

Day 3
The Risk Assessment

  • The risk management process and application.
  • Identifying and assessing the risks of the preferred option.
  • Identifying and managing key stakeholders.
  • Establishing the cost estimate.
  • Contingency determination.

Day 4
The Feasibility Assessment and Evaluation

  • Determining the most feasible option.
  • Financial analysis techniques.
  • Non discounting methods.
  • Discounting methods.
  • Net Present Value, Internal Rate of Return.

Day 5
Preparing the Report

  • Developing the feasibility report.
  • Understand the characteristics of proper communication.
  • Identifying how interpersonal relationships ensure successful feasibility studies.
  • Real case feasibility study review and analysis.
  • Summary, key messages, and learning outcomes.

Training Course: Feasibility Studies: Preparation, Analysis and Evaluation

the developed feasibility study is an essential foundation to allow project analysis and design activities to commence in a focused manner

REF: FA321410

DATES: 5 - 9 May 2025

CITY: Orlando, Florida (USA)

FEE: 5700 £

Request a Call?

*
*
*
*
*
BlackBird Training Center