Feasibility Studies and Projects_ Evaluation
Feasibility Studies and Projects' Evaluation
Introduction:
This course is introduced to you by the International Academy of Human Resource Development (IAHRD). We are glad to tell you that our courses are especially designed for you by professionals and experts who have a long experience in the field.
Determining if the proposed project is technically feasible within a specific cost and whether it will be profitable or not is very vital to the organizations' success. Being able to prepare a feasibility study is definitely a competitive advantage to you in your career. It will enable you make the right decisions especially when it comes to go\no go decisions where the importance of the course arise. 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.
Objectives:
By the end of this course, participants will be able to:
- Understand what a feasibility study is.
- Increase probability of business success by putting hands on weaknesses to improve them.
- Handle and estimate risks.
- Meet the goals of the founder.
- Make right decisions and have alternatives.
- Identify new opportunities.
- Receive funding from providers.
- Prepare a concise feasibility report which presents the objectives of the project.
- Evaluate different projects.
Contents
Module 1:
- What is a feasibility study.
- Reasons to do a feasibility study.
- Phases of a feasibility study.
- Components of a detailed feasibility study.
Module 2:
The pre-feasibility study.
- Needs vs. Wants.
- Performing An Options Analysis
- Executive summary about the project and its background.
- Business environment analysis.
Module 3:
- Market analysis and marketing concepts.
- Material inputs.
- Location , site and environment.
- Technology and equipment.
- Contingency determination.
Module 4:
- Human resources.
- Planning and budgeting.
- Financial analysis and investment appraisals.
- Discounting methods.
- Net present value, internal rate of return.
- Legal study.
Module 5:
- Developing The Feasibility Report
- National feasibility study.
- How interpersonal relationships ensure successful feasibility studies?
- Real Case Feasibility Study.
- Conclusion and recommendations.
Who should attend?
- New business starters.
- Candidates who would like to expand their existing business.
- Candidates who would like to purchase an existing business.
- Project managers.
- Graduates and undergraduates of business schools who would like to learn more about conducting a feasibility study.