Analysis and Evaluation of Economic Feasibility of Projects

This training course takes students through the cycle of project feasibility study preparation and evaluation.   

Feasibility study is needed before starting a new project (product or service), establishing a new business, or upgrading/modifying/expanding an existing business.   

Through feasibility study preparation cycle, projects can be determined if feasible/viable from the marketing and technical viewpoints. Given their estimated capital and operation costs (CAPEX & OPEX), projects can also be determined whether profitable or not.   

As the name implies, a feasibility study is used to determine the viability of an idea. The objective of this study is to ensure a project is legally and technically feasible and economically justifiable. It tells us whether a project is worth the investment or not.

At the end of the course, students will be able to:

Define the key concepts associated with the preparation of a standard feasibility study.

Analyze, assess and prepare a feasibility study report.

Put forward and verify baseline scenario assumptions for the feasibility analytical model.

Appreciate how the financial feasibility model (template) can be built utilizing Microsoft Excel.

Carry out scenario and sensitivity analyses to improve project plans and projections.

Evaluate feasibility studies prepared by others.

This course is intended for Individuals who are involved in, or willing to learn, preparing, analyzing, assessing and evaluating feasibility studies including university students studying economics, management, business administration, engineering and other disciplines. In addition, targeted audiences include project sponsors, senior management, and functional mangers.