A PMI Registered Training Course

Workshop on Feasibility Studies

Evaluating New Ideas for Business Development

PMI® Registered Training Courses

Workshop on Feasibility Studies

Scheduled Dates

25 - 27 Jan 2027
Sharm El Sheikh - Egypt
$3,950
05 - 07 Jul 2027
Sharm El Sheikh - Egypt
$3,950

Why Choose this Training Course?

This PetroKnowledge workshop enables professionals to assess the likely success of a proposed project before taking a decision to proceed.  A well-executed feasibility study is an essential foundation for successful project definition and project management.  It takes business development ideas through a process of analysis and evaluation to (a) select options for action and (b) reduce risk and forecast as accurately as possible the outcomes and impact of the selected options.  A feasibility study is one of the key mechanisms that enable managers to align strategy and operations in achieving and sustaining superior performance.

The workshop will feature the following topics:

  • Definition of a Feasibility Study and Best Practice Techniques
  • How to Use a Feasibility Study
  • How to Structure and Plan a Feasibility Study
  • The Role of a Feasibility Study in a Business Plan
  • How to Execute a Feasibility Study

What are the Goals?

By the end of this PetroKnowledge workshop, participants will be able to do the following:

  • Incorporate feasibility studies in business plans
  • Lead and manage the process of completing feasibility studies
  • Engage and motivate teams to conduct feasibility studies
  • Apply rigorous analytical and creative thinking in feasibility studies
  • Monitor the effectiveness of feasibility studies

Who is this Training Course for?

This workshop is designed for a wide range of experienced project or business managers and team leaders. It will greatly benefit the following:

  • Operations and logistics planners
  • Business development specialists
  • Accounting and financial managers
  • Human resource managers
  • Engineering, scientific and administrative specialists

How will this Training Course be Presented?

This highly interactive workshop will use a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. These include the following:

  • Introduction to the main tools and techniques of feasibility analysis
  • Case examples of the main challenges and their solutions
  • Group work on specific issues and situations
  • Discussion of specific in-company issues
  • Preparation of a personal action plan for each delegate

In addition the workshop leader will illustrate the discussions with real-life examples and situations in which he has been personally involved.

Daily Agenda

Day 1 to Day 3

Planning a Feasibility Study  

  • Clarifying the purpose of a feasibility study
  • Aligning a feasibility study with the business plan
  • Discussion – the characteristics and objectives of a feasibility study
  • Structuring the process – timings, milestones, evaluation
  • Identifying, assessing and managing risk in the process
  • Discussion - a real-life example of a feasibility study

Executing a Feasibility Study

  • Securing the required resources for the feasibiity study
  • Financial and non-financial dimensions of the activity
  • Discussion of practical example
  • Evaluating the outputs of the feasibility study
  • Using the feasibility study to reach a go/no go decision
  • Discussion - delegates’ action plans for applying the workshop learning

Certificate

  • Upon successful completion of this training course, delegates will be awarded an official PetroKnowledge Certificate of Completion, signed by the course facilitator. The certificate confirms successful participation and records the total learning hours completed.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
  • The certificate will also have a PMI Course Identifier, which will enable the learners to claim Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI) towards certification or recertification of PMI credentials.

Accreditation

PMI® Registered Training Courses NASBA Approved Training Courses

Would an alternative date be more suitable?

We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.

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