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Why Choose this Training Course?
Many organisations commit to a course of action that produces unsatisfactory results. This is almost always due to poor feasibility analysis before decisions are made. There is overwhelming evidence that project success is much more likely to be achieved in cases where a rigorous feasibility study has been carried out. This Feasibility Analysis training course is designed to introduce best practice in feasibility analysis and to demonstrate how the effective application of this analysis in all dimensions of business development can result in market-leading levels of competitive performance - resulting in sustained business excellence.
This PetroKnowledge training course will highlight:
Best practice in fixing the scope and structure of a feasibility study
Analysing technical feasibility
Analysing economic and commercial feasibility
Analysing financial feasibility
Linking feasibility studies to the strategic plan of the organisation
What are the Goals?
This training course is designed to develop expertise in 5 key areas.
At the end of this Feasibility Analysis training course you will learn to:
Execute an effective feasibility study prior to making a major decision
Define the main outcomes that will be monitored and measured
Integrate and align each feasibility study with the overall strategic plan
Keep all types of project on target in changing business conditions
Set and achieve ambitious targets for the next stage of development
Who is this Training Course for?
This Feasibility Analysis training course is suitable for a wide range of professionals who have some experience of strategic and operational management, but will greatly benefit the following categories:
Marketing and business planning specialists
Human resource specialists
Financial analysts and management accountants
Systems analysts and business process designers
Change management specialists
How will this Training Course be Presented?
This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The online training course is conducted online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.
Day One: Introduction, Scope and Basic Concept of Feasibility
The meaning of feasibility
Difference between a feasibility study and a business plan
Why are feasibility studies important?
Guidelines on designing a feasibility study
How to link a feasibility study with your business plan
Monitoring outcomes and learning to improve
Day Two: The Technical Dimension of Analysis
Assessing the balance of the proposed activity with current capabilities
Quantifying the resource gap and planning to deal with this gap
Technological change and the risk of product or process substitution
Feasibility studies as sources of ideas for innovation
Day Three: The Economic and Commercial Dimension of Analysis
Impact of the proposed venture on base-load business
Analysis of the life-cycle of the venture and assessment of sustainability
Resourcing and directing additional marketing activity
Analysing and dealing with tariff and quota questions
Day Four: The Financial Dimension of Analysis
Critical appraisal – risk adjusted DCF and NPV considerations
Evaluation of alternative mechanisms for securing finance