Project Formulation and
Feasibility Studies Analysis

The Project Formulation and Feasibility Studies Analysis Course provides a robust foundation for evaluating project viability and preparing projects that deliver sustainable organisational value. With investment decisions becoming increasingly complex, organisations require structured feasibility studies and disciplined project formulation to ensure resources are allocated to the right initiatives. This training course strengthens participants’ ability to assess technical, commercial, financial, and organisational feasibility before progressing to detailed project planning.

This Project Formulation and Feasibility Studies Analysis Training Course explores how feasibility evaluation and project planning work together to shape successful project outcomes. Participants learn how to investigate feasibility components, analyse options, assess risks, and prepare feasibility reports that support sound decision-making. The course also covers the essential initiation and planning processes defined in the PMI PMBOK® standards, ensuring participants are ready to create a full project management plan aligned with stakeholder expectations.

Through interactive case studies, practical exercises, and guided discussions, delegates gain the skills to prepare, structure, and justify project proposals while establishing a solid foundation for execution. The Project Formulation and Feasibility Studies Analysis Course helps ensure projects are designed to maximise benefits, minimise risks, and respond effectively to organisational priorities.

The Structure

This highly informative training course consists of two modules which can be booked as a 10-day training programme, or as individual 5-day training courses.

Module 1 - Feasibility Studies: Preparation, Analysis & Evaluation

Module 2 - Project Formulation: Preparing Projects to Maximise Sustainable Value

This Project Formulation and Feasibility Studies Analysis Training Course strengthens the analytical and planning capabilities needed to evaluate, justify, and prepare projects effectively. Participants learn to combine feasibility assessment with structured project planning to support informed decision-making and confident project launch.

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

• Explain the essential value and purpose of feasibility studies.
• Conduct and present feasibility study findings clearly and confidently.
• Engage effectively with project stakeholders throughout initiation.
• Create a complete and accurate project charter.
• Develop a full project management plan covering all PMBOK® planning domains.
• Carry out project planning processes to prepare the project for execution.

This Project Formulation and Feasibility Studies Analysis Course is ideal for professionals involved in evaluating, defining, or planning new projects. It supports individuals responsible for turning business ideas or feasibility outcomes into structured and actionable project plans.

This training course will greatly benefit:

• Project Managers seeking stronger feasibility and initiation skills.
• Project Planners preparing detailed project management plans.
• Managers responsible for launching new products, services, or business ventures.
• Senior operations managers involved in investment decision-making or project approval.

This Project Formulation and Feasibility Studies Analysis Training Course uses highly interactive adult learning techniques designed to maximise engagement and retention. Each topic is explored through practical exercises, case studies, and team-based discussions that connect feasibility concepts and planning processes with real organisational situations.

Facilitators blend short presentations with hands-on activities, allowing participants to analyse examples, develop feasibility components, and prepare project planning documents. Case studies from delegate organisations enhance relevance and encourage application beyond the classroom.

Training delivery includes:

• Interactive discussions and guided analyses
• Team activities and practical case study exercises
• Short presentations supported by real examples and videos
• Application of planning processes linked directly to PMBOK® standards
• Collaborative review of feasibility and planning outputs

• AZTech Certificate of Completion for delegates who attend and complete the training course