Code Date Venue Fees
WS001 10 - 12 Jan 2021 Dubai - UAE $3,500 Register
WS001 22 - 24 Nov 2021 Kigali - Rwanda $3,500 Register
Home » Interactive Workshops » Workshop on Feasibility Studies

Introduction

This GLOMACS Workshop on Feasibility Studies enables professionals to assess the likely success of a proposed project before taking a decision to proceed.  A well-executed feasibility study is an essential foundation for successful project definition and project management.  It takes business development ideas through a process of analysis and evaluation to (a) select options for action and (b) reduce risk and forecast as accurately as possible the outcomes and impact of the selected options.  A feasibility study is one of the key mechanisms that enable managers to align strategy and operations in achieving and sustaining superior performance.

This GLOMACS workshop will feature the following topics:

  • Definition of a Feasibility Study and Best Practice Techniques
  • How to Use a Feasibility Study
  • How to Structure and Plan a Feasibility Study
  • The Role of a Feasibility Study in a Business Plan
  • How to Execute a Feasibility Study

Objectives

By the end of this GLOMACS workshop, participants will be able to do the following:

  • Incorporate feasibility studies in business plans
  • Lead and manage the process of completing feasibility studies
  • Engage and motivate teams to conduct feasibility studies
  • Apply rigorous analytical and creative thinking in feasibility studies
  • Monitor the effectiveness of feasibility studies

Training Methodology

This highly interactive GLOMACS Workshop on Feasibility Studies will use a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. These include the following:

  • Introduction to the main tools and techniques of feasibility analysis
  • Case examples of the main challenges and their solutions
  • Group work on specific issues and situations
  • Discussion of specific in-company issues
  • Preparation of a personal action plan for each delegate

In addition, the workshop leader will illustrate the discussions with real-life examples and situations in which he has been personally involved.

Who Should Attend?

This GLOMACS Workshop on Feasibility Studies is designed for a wide range of experienced project or business managers and team leaders.  It will greatly benefit the following:

  • Operations and Logistics Planners
  • Business Development Specialists
  • Accounting and Financial Managers
  • Human Resource Managers
  • Engineering, Scientific and Administrative Specialists

Workshop Outline

Planning a Feasibility Study  

  • Clarifying the purpose of a Feasibility Study
  • Aligning a Feasibility Study with the Business Plan
  • Discussion – The Characteristics and Objectives of a Feasibility Study
  • Structuring the Process – timings, milestones, evaluation
  • Identifying, Assessing and Managing Risk in the Process
  • Discussion - A real-life example of a Feasibility Study

Executing a Feasibility Study  

  • Securing the required resources for the Feasibility Study
  • Financial and Non-financial Dimensions of the Activity
  • Discussion of Practical Example
  • Evaluating the outputs of the Feasibility Study
  • Using the Feasibility Study to reach a go/no go decision
  • Discussion - Delegates’ Action Plans for Applying the Workshop Learning


Certificate

  • On successful completion of this training course, GLOMACS Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor and Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates

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