Project Formulation and Feasibility Studies Analysis

Course Introduction

Investing in projects is a critical decision that must be underpinned by effective Project Management to fully realize its value. The Project Formulation and Feasibility Studies Analysis Course examines how integrating Feasibility Study and Project Planning Processes creates a solid foundation for successful project execution and benefit delivery to both the organization and key stakeholders.

In the first module, we focus on establishing technical, commercial, financial, and organizational feasibility.

The second module builds on this foundation by detailing how to plan each crucial element of the project, ensuring a comprehensive approach to managing and executing projects effectively.

This training course will feature:

• The benefits of undertaking a feasibility study
• How to conduct a feasibility study
• The Principles and Performance Domains for effective Project Management
• Project Initiation processes and creating the Project Management Plan
• Planning processes for Scope, Quality, Risk, Schedule, Cost, Resource, Communication, Stakeholder and Procurement Management

Training Objectives

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

• Explain the essential value of Feasibility Studies
• Conduct and present a Feasibility Study
• Engage effectively with Project Stakeholders
• Create a Project Charter
• Create a Project Management Plan
• Carry out Project Planning Processes

Training Methodology

This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented.

This 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.

Who should Attend?

This training course is suitable to a wide range of professionals but will greatly benefit:

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