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Feasibility Studies Preparation, Analysis & Evaluation
London Training For Excellence

Classroom based course with study materials, lecturer support and CPD Hours included

Summary

Price
£3,960 inc VAT
Study method
Online
Duration
5 days · Self-paced
Qualification
No formal qualification
Additional info
  • Tutor is available to students

12 students enquired about this course

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Overview

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.

Description

Day One

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 Two

Considering the Options

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

Day Three

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 Four

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 Five

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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