Feasibility Studies: Preparation, Analysis & Evaluation

Only one in fifty business ideas are commercially viable, so a great deal of time and money can be saved separating winners from losers. A Feasibility Study provides an expert approach to assessing the likely success of any new business venture – from a major project to the launch of a whole new business. By understanding the technical, commercial, financial and organizational viability of your idea you can eliminate non-starters before they eat up valuable resources. On top of that, you can enhance the likelihood of success of worthwhile projects and the value they deliver to your organization through greater insight into the challenges, risks and opportunities you will face.

This Feasibility Studies: Preparation, Analysis & Evaluation training course will feature:

• The key concepts and benefits of a Feasibility Study
• A step-by-step approach to describing a business idea and assessing its feasibility
• Creating a Feasibility Study report
• Assessing the risks and challenges facing new projects
• Winning support for a new business idea from key stakeholders

By the end of this training course, participants will be able to:

• Appreciate the essential role played by Feasibility Studies
• Confidently apply a methodical approach to conducting Feasibility Analysis
• Assess Technical, Commercial, Organizational and Financial feasibility
• Engage and involve key stakeholders to create ownership for new business ideas
• Create and ‘pitch’ comprehensive and engaging Feasibility Studies to senior stakeholders to enable effective business decisions

This Feasibility Studies: Preparation, Analysis & Evaluation training course will benefit anyone who might need to take part in a Feasibility Study, including people responsible for leading or delivering substantial projects, such as the development and launch of new products, new services, new IT systems or large pieces of infrastructure. This Feasibility Studies: Preparation, Analysis & Evaluation training course is suitable for those relatively new to the discipline as well as to more seasoned managers who may need to review Feasibility Studies before helping to make important investment decisions and will also benefit:

• Project Managers
• Project Planners
• Managers responsible for launching new products and services
• Senior operations managers
• People launching new business ventures

This Feasibility Studies: Preparation, Analysis & Evaluation training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This Feasibility Studies: Preparation, Analysis & Evaluation training course focuses strongly on interactivity and practical exercises. Short presentations are combined with extensive discussions, relevant videos, team activities and case study exercises. Examples from the delegates own organizations are used to bring training to life and to ground it in reality. An opportunity for teams to pitch brand-new business ideas invariably proves to be the highlight of this hands-on course.