Course description
The objective of preparing a feasibility study and project evaluation course is to make the participants fully aware of the most important concepts and foundations of the economic feasibility study. And the most important reason is to enable them to implement and conduct economic feasibility studies for the desired projects in the fastest and easiest way and autonomously.
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.
The Key points:
- What is a feasibility study?
- When can a feasibility study be used?
- How to prepare a feasibility study.
- How to conduct a critical analysis of a feasibility study.
- Apply project management skills and techniques.
Upcoming start dates
Upcoming start dates
Suitability - Who should attend?
This "Economic Feasibility Analysis In Projects" Course is suitable to:
- Financial managers, their deputies, and financial management officials.
- Institutional investment managers.
- Specialists responsible for financial reporting.
- Institutional accountants, project managers, and budget analysts.
- Responsible for preparing, writing, and analysing feasibility studies.
Outcome / Qualification etc.
- Using the leadership performance of the individual by identifying the methods used to Complete the feasibility studies.
- View the effective planning of projects related to feasibility studies, whether for individuals or teams.
- Study project management techniques and methods to plan and organise feasibility studies.
- Benefit from stakeholder management and their inclusion in feasibility studies.
- Apply planning, organising, and people management skills.
Training Course Content
Day 1
Planning a Feasibility Study
- Introductions, course purpose, goals, and objectives
- What are the 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.
- Methods that ignore the time value of money and flows.
- 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
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