Feasibility Studies Preparation, Analysis and Evaluation

Course Outlines:

Module 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

Module Two:

Considering the Options

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

Module 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

Module 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

Module 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