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Why Choose Project Formulation and Feasibility Studies Analysis Training Course?

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

What are the Goals?

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.

Who is this Training Course for?

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.

How will this Training Course be Presented?

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

The Course Content

  • What are feasibility studies and why are they important?
  • Feasibility studies: definitions, principles and concepts
  • Feasibility Study Components and Process
  • Technical Feasibility
  • Commercial Feasibility
  • Organizational Feasibility – people, competence and resources
  • Financial Feasibility – costs, return on investment
  • Cost classification and estimation
  • Non-Discounting Methods and Discounting Methods
  • Prepare Your Capital Spending Plan
  • Prepare Your Cash Flow Forecast
  • Required Investment for Your Business
  • Project requirements
  • Performing an Options Analysis
  • Option Generation and Selection
  • Risk Management process and application
  • Estimating Risk and Quantitative Risk Analysis
  • Risk Response Planning
  • Components of a Feasibility Report
  • Developing the Feasibility Report 
  • Project Planning
  • Critical Path Analysis
  • Tips to preparing an impactful Business Plan
  • Preparing to pitch your business idea - facing ‘The Dragon’s Den’
  • Case studies
  • The characteristics of engaging communication
  • Multiple Intelligences
  • The Learning Cycle
  • Lessons Learned and Personal Action Plan
  • Pitching a Business Idea
  • Simulation and role play
  • Project Management Principles
  • Project Management Performance Domains
  • Project Management Life Cycles
  • Identifying Stakeholders
  • Prioritising Stakeholders
  • Developing a Project Charter
  • Developing the Project Management Plan
  • Planning Scope Management
  • Collecting Requirements
  • Defining Scope
  • Creating Work Breakdown Structures
  • Planning Quality Management 
  • Planning Risk Management
  • Identifying Risks
  • Creative Thinking Techniques
  • Qualitative Risk Analysis
  • Quantitative Risk Analysis
  • Planning Risk Response 
  • Planning Schedule Management
  • Defining and Sequencing Activities
  • Estimating Activity Durations and Developing the Project Schedule
  • Planning Cost Management
  • Estimating Costs
  • Determining the Budget 
  • Planning Resource Management
  • Estimating Project Resources
  • Planning Communications Management
  • Planning Stakeholder Engagement
  • Planning Procurement Management
  • Preparing the project for Execution

Certificate

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

In Partnership With

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Frequently Asked Questions

Common questions about our training courses

Absolutely. AZTech offers customised in-house training where this course can be tailored to your organisation's specific needs, objectives, and industry context. Please contact us directly to discuss your requirements.

For further information or to discuss customization needs, you can contact us at +971 56 333 3426 or via email at inhouse@aztechtraining.com . Additionally, you may submit a detailed inquiry through our in-house training page at: https://aztechtraining.com/in-house-training

Yes. This Project Formulation and Feasibility Studies Analysis is offered in a classroom setting across multiple international locations as well as in a live online format, giving participants the flexibility to choose the option that best suits their schedule and learning preference.

AZTech courses are conducted in carefully selected 5-star hotels or 4-star premium hotels in the host city, featuring fully equipped, professional training rooms. Participants will enjoy coffee breaks and snacks throughout the day, as well as a complimentary lunch provided after each training session.

This Project Formulation and Feasibility Studies Analysis training course is designed for professionals at all levels who wish to enhance their knowledge and skills in this subject area. It is suitable for managers, team leaders, specialists, and anyone looking to advance their career and professional development.

 AZTech provides round-the-clock support to assist you with any enquiries. You can reach our team 24/7 by phone at +971 50 195 5668, by email at info@aztechtraining.com. Our dedicated training consultants are always on hand to help you with course selection, registration, scheduling, and any other questions you may have.

There are no formal prerequisites for this Project Formulation and Feasibility Studies Analysis course. It is open to all professionals regardless of their background or experience level, though a basic understanding of the subject area may be beneficial.

AZTech courses are delivered using a highly interactive and practical methodology, combining presentations, group discussions, real-world case studies, exercises, and workshops to ensure participants can immediately apply what they have learned in their professional environment.

Yes. Participants who successfully complete the course will receive an AZTech Certificate of Completion. This course may also be eligible for Training credits, which will be indicated in the course details.

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