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Project Feasibility Studies: Preparation, Analysis & Evaluation​​​

Also available for 2 to 3 day durations as well as 10 to 30-day training durations In-House and Live online

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This intensive project management course provides professionals a firm basis to determine whether the project has sufficient merit to continue into more detailed phase. This is achieved by means of a feasibility study. 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.

This Training will include

  • What is a feasibility study
  • When is a feasibility study used
  • How to develop a feasibility study
  • How to critically analyse a feasibility study
  • Application of project management skills and techniques

Impact to you and Your Organization:

  • Employ individual leadership performance by identifying methods of completing feasibility studies
  • Discover effective project planning for feasibility studies for individuals and teams
  • Examine project management techniques to plan and organize feasibility studies
  • Use stakeholder management to involve stakeholders in feasibility studies
  • Apply useful planning, organization and people management skills

Who should Attend
This training course is suitable for a wide range of professionals but will greatly benefit:

  • Project Sponsors
  • Project Managers
  • Strategic managers
  • Procurement managers
  • Business analysts
  • ​Those who desire to learn practical project management techniques of a feasibility study that will assist them in completing work and projects effectively
  • Project staff whose duties include review, analysis reporting of recommendations to Senior Management on the quality of current or previously developed feasibility studies

Compressed Key Topics (Please contact us for an expanded Outline)

Planning a Feasibility Study

Considering the Options

The Risk Assessmen

The Feasibility Assessment and Evaluation

Preparing the Report

​​Besides a wide, and in-depth coverage of the above topics, the following are the major highlights.​

The purpose and principles of Feasibility Studies
The content of Feasibility Studies
Understanding organisational and stakeholders’ needs
Creative thinking and options analysis
Identifying and analysing risk
Strategies for managing threats and opportunities
Financial analysis techniques
Developing a Feasibility Study report
Communicating the results
Evaluating Feasibility Studies