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.
· Methods that ignore the time value of money and flows.
· 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
