An Intensive 5-Day Online Training Course
Feasibility Analysis
Project Feasibility Studies
Scheduled Dates
| 11 - 15 Dec 2023 | Online | $3,950 |
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:
- Operations managers
- 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.
Daily Agenda
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
- Financial evaluation – additionality, displacement, opportunity cost
- The choice and the decision – accept, modify/reconsider, reject
Day Five: Leadership and Management in Feasibility Analysis
- Designing and writing the feasibility report
- Appointing and empowering the project leaders
- Identifying and engaging all stakeholders
- Presenting the feasibility report – internally and externally
- Gaining top management support and project visibility
- Your personal action plan for the next stage
Certificate
- On successful completion of this online training course, a PetroKnowledge E-Certificate will be awarded to the delegates
In Association With
GLOMACS Training
Our collaboration with GLOMACS aims to provide the best training services and benefits for our valued clients
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Oxford Management Centre
Our collaboration with Oxford Management Centre aims to provide the best training services and benefits for our valued clients.
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