The British Academy for Training and Development offers the Feasibility Studies - Evaluation, Preparation and Analysis Course to offer trainees with skills that are realistically necessary in feasibility assessment and informed decision-making. This course offers an insight into preparing feasibility studies, especially the methods of data collection and research for analysing opportunities. In particular, attendees will learn market analysis, demand, competition, and potential risks. The course also develops the knowledge of financial evaluation techniques whereby the attendees measure the cost-effectiveness, returns on investment, and profitability projections. The programme also involves technical feasibility through evaluation of resource availability, infrastructure, and operational requirements. Also, it introduces frameworks of risk analysis and provides resources to identify potential project challenges and mitigate them. Attendees will learn how to assess environmental impacts and to incorporate sustainability in projects. The feasibility study helps the organisations to understand if the ideas or projects being considered for investment are worth investing time, money, energy, and effort. A well-developed feasibility study lays the foundation for project analysis and design activities in a focused manner.

By the end of this course, attendees will acquire comprehensive skills in report preparation to avail findings and recommendations in a clear professional manner to the target audience and decision makers.

Objective:

The objective of feasibility evaluation course are:

1. Understand what feasibility studies are and appreciate their importance in decision making. 

2. Understand the types of a feasibility study conducted

3. Understand the financial model’s feasibility study

4. Develop and create a report for a feasibility study

5. Importance of interpersonal relationship in conducting a feasibility study

6. Identify important theories and effectively explore the various assumptions.

7. Present thoughts in a simple, effective, clear and objective manner.

8. Establish the feasibility study financial model using Microsoft Excel.

9. Run models and sensitivity analysis to improve plans and projections.

10. Analyse someone else’s feasibility study and find its advantages and shortcomings.

11. Improve the ability to write and present reports in stakeholder interactions.

Who Should Attend?

This course is ideal for:

1. Project managers and team leaders that get involved during project planning and execution. Business analysts or consultants responsible for market evaluations.

2. Finance professionals assess investment opportunities. 

3. Entrepreneurs small or large as they may be venturing into new businesses or current owners who would like to expand their businesses.

4. Government officials and planners would seek assistance in undertaking evaluations of public sector projects.

5. Individuals wishing to improve their skills in project feasibility analysis.

How will attendees benefit?

Attendees of the Feasibility Studies - Evaluation, Preparation and Analysis Course will gain the following benefits:

1. Comprehensive Understanding: Build an understanding of the concepts and applications of feasibility study principles in order to evaluate projects effectively.

2. Improved Decision-Making Skills: Learn to analyse market, financial and technical information to reduce the risk level and maximise the probability of success in decision-making.

3. Practical Tools and Techniques: Access proven methodologies to conduct market research, financial assessments, and risk analyses.

4. Improved Communication and Reporting: Learn how to prepare clear and professional feasibility study reports and present findings with confidence to stakeholders.

5. Sustainability integration: Learn in consideration of environment and sustainability aspects to make the feasibility study more in line with modern day requirements in project development.

6. Bespoke Skill Application: Gearing up with diversified skills structurally cross functional in business, construction, energy, public planning, and others.

7. Career Development: Give an edge to your qualifications as well as job opportunities by becoming adept in an essential aspect of project planning and management. 

At the end of the course, attendees will be trained to appraise project feasibility comprehensively and contribute meaningfully to organisational goals, as well as make well-informed strategic decisions.

1. Introduction to Feasibility Studies

• Definition and importance.

• Types of feasibility studies (Market, Technical, Financial, Environmental).

2. Data Collection and Research Techniques

• Sources of data and research methodologies.

• Tools for analysing data effectively.

3. Market Analysis

• Assessing market demand and trends.

• Identifying competition and potential risks.

4. Financial Evaluation

• Cost estimation and budget analysis.

• Profitability projections and return on investment (ROI).

• Funding options and financial risk management.

5. Technical Feasibility

• Resource availability and infrastructure requirements.

• Operational planning and system design.

6. Risk Analysis

• Identifying potential risks and challenges.

• Developing mitigation strategies.

7. Environmental and Sustainability Considerations

• Conducting environmental impact assessments.

• Incorporating sustainability into feasibility planning.

8. Report Writing and Presentation Skills

• Structuring feasibility study reports.

• Presenting findings and recommendations to stakeholders.