Course summary:
The course on Feasibility Studies provides an in-depth understanding of the principles, objectives, and concepts of feasibility studies, their importance, and common types. The course covers the cycle of feasibility and outlines how to prepare for feasibility studies. It also identifies the key components of feasibility studies, including market feasibility analysis, technical feasibility analysis, financial feasibility analysis, legal and regulatory feasibility analysis, and environmental and social impact assessment.
The course provides guidance on conducting a feasibility study, including the steps in the process, methods, and tools for gathering and analyzing data, techniques for evaluating and prioritizing alternatives, and identifying options for feasibility analysis. The course covers creative thinking and problem-solving in feasibility analysis, risks and opportunities involved, and creating a feasibility study report.
The course also provides an overview of financial analysis for feasibility studies, including basic financial concepts and metrics, developing financial projections, techniques for assessing financial feasibility, sensitivity analysis, and risk assessment. Finally, the course covers evaluating feasibility study results, criteria for evaluating the results, making recommendations based on the study findings, and communicating the results to stakeholders.
Learning outcomes of the course:
Upon completing this course on feasibility studies, learners can expect to achieve the following learning outcomes:
- Understand the principles, objectives, and concepts of feasibility studies and their importance in decision-making.
- Identify the common types of feasibility studies and the cycle of feasibility.
- Prepare for feasibility studies and identify the key components of feasibility studies, including market feasibility analysis, technical feasibility analysis, financial feasibility analysis, legal and regulatory feasibility analysis, and environmental and social impact assessment.
- Conduct a feasibility study, including the steps in the process, methods, and tools for gathering and analyzing data, techniques for evaluating and prioritizing alternatives, and identifying options for feasibility analysis.
- Apply creative thinking and problem-solving skills to feasibility analysis and identify risks and opportunities involved.
- Develop financial projections and assess financial feasibility using various techniques and metrics.
- Conduct sensitivity analysis and risk assessment.
- Evaluate feasibility study results based on criteria and make recommendations based on study findings.
- Communicate feasibility study results to stakeholders effectively.
By the end of the course, learners will have the skills and knowledge necessary to conduct and evaluate feasibility studies effectively and make informed decisions based on the findings of the study. They will also have a strong understanding of financial analysis and be able to assess the financial feasibility of potential projects. Overall, the course equips learners with the tools to make informed business decisions and minimize risks associated with new business ventures.
Who should attend this course?
This course on feasibility studies is recommended for individuals who are involved in making business decisions or evaluating potential projects, such as:
- Business owners and entrepreneurs
- Project managers
- Financial analysts and planners
- Investment analysts and managers
- Risk managers and consultants
- Government officials and policymakers
- Non-profit managers
- Consultants and advisors
The course is suitable for professionals at various stages of their careers, from entry-level to senior management, who want to gain a comprehensive understanding of feasibility studies and develop the skills to evaluate potential projects effectively. The course can be beneficial for individuals in various industries, including finance, construction, engineering, real estate, and others.
Course Duration:
This course can be completed in 4-8 Days,+/- depending on your needs.
Course outlines:
I. Introduction
- Definition and Importance of feasibility studies
- Principles, Objectives, and Concept of feasibility studies
- Common types of feasibility studies
- Cycle of Feasibility
- How to prepare for feasibility?
II. Key Components of Feasibility Studies
- Market feasibility analysis
- Technical feasibility analysis
- Financial feasibility analysis
- Legal and regulatory feasibility analysis
- Environmental and social impact assessment
III. Conducting a Feasibility Study
- Steps in the feasibility study process
- Methods and tools for gathering and analysing data
- Techniques for evaluating and prioritizing alternatives
- Identifying the options for feasibility analysis
- Creative thinking and problem-solving feasibility analysis
- Risks and opportunities involved
- Creating a feasibility study report
IV. Financial Analysis for Feasibility Studies
- Basic financial concepts and metrics
- Developing financial projections
- Techniques for assessing financial feasibility
- Sensitivity analysis and risk assessment
V. Evaluating Feasibility Study Results
- Criteria for evaluating feasibility study results
- Making recommendations based on the study findings
- Communicating results to stakeholders
