Feasibility Studies – Evaluation, Preparation and Analysis

Finance and Budgeting

Course Info

Duration: 1 Week

Available Dates

Venue

Course Details

Course Outline

5 days course

 

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

 

Considering the Options

 

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

 

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

 

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

 

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

Course Video