Feasibility Studies – Preparation, Analysis and Evaluation

Objective:

This Feasibility Studies: Preparation, Analysis & Evaluation Training Course provides participants with the knowledge and techniques required to evaluate new business ideas with clarity and precision. It helps professionals build solid feasibility assessments and present them compellingly to decision-makers.

By the end of this training course, participants will be able to:

• Appreciate the essential role played by feasibility studies in project success.
• Apply a systematic, structured approach to feasibility preparation and analysis.
• Assess technical, commercial, organizational, and financial feasibility with confidence.
• Engage and align key stakeholders throughout the feasibility development process.
• Create, articulate, and pitch comprehensive feasibility studies to support informed investment decisions.

Content:

Introduction to Feasibility Studies

• What are feasibility studies and why are they important?
• Feasibility studies: definitions, principles and concepts
• Feasibility Study Components and Process
• Technical Feasibility
• Commercial Feasibility
• Organizational Feasibility – people, competence and resources

Financial Feasibility

• Financial Feasibility – costs, return on investment
• Cost classification and estimation
• Non-Discounting Methods and Discounting Methods
• Prepare Your Capital Spending Plan
• Prepare Your Cash Flow Forecast
• Required Investment for Your Business

Project Options and Risk Assessment

• Project requirements
• Performing an Options Analysis
• Option Generation and Selection
• Risk Management process and application
• Estimating Risk and Quantitative Risk Analysis
• Risk Response Planning

Gaining Buy-In to Project Planning

• Components of a Feasibility Report
• Developing the Feasibility Report
• Project Planning
• Critical Path Analysis
• Tips to preparing an impactful Business Plan
• Preparing to pitch your business idea – facing ‘The Dragon’s Den’
• Case studies

Presenting a Business Idea

• The characteristics of engaging communication
• Multiple Intelligences
• The Learning Cycle
• Lessons Learned and Personal Action Plan
• Pitching a Business Idea
• Simulation and role play