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: 12 - 23 Aug 2024

CITY: Kigali (Rwanda)

FEE: 6600 £

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Introduction

This course provides professionals a firm basis to determine whether the project has sufficient merit to continue into 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 of Feasibility Studies: Preparation, Analysis and Evaluation 

  • 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

 

Feasibility Studies: Preparation, Analysis and Evaluation 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: 12 - 23 Aug 2024

CITY: Kigali (Rwanda)

FEE: 6600 £

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