A Highly Interactive Training Course On

Project Formulation and Feasibility Studies Analysis

Project Formulation and Feasibility Studies Analysis
Course Schedule

CLASSROOM

24 Feb-07 Mar 2025
Dubai
$11,900
21 Jul-01 Aug 2025
London
$11,900
29 Sep-10 Oct 2025
Dubai
$11,900
Certificate
  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Training Overview

Training Overview

Investing in projects is a critical decision that hinges on effective Project Management to ensure optimal outcomes. The Project Formulation and Feasibility Studies Analysis Course delves into the foundational aspects of feasibility studies and project planning processes, essential for establishing a solid groundwork on which projects can thrive. The initial module emphasizes the establishment of technical, commercial, financial, and organizational feasibility. Subsequently, the course shifts focus in the second module to detailed planning across all crucial project elements, aiming to deliver significant benefits to the organization and key stakeholders alike.

This training course will feature:

  • Benefits of undertaking a feasibility study
  • Steps to conduct a feasibility study
  • 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

What are the goals?

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

Who is this Training Course for?

This Coventry Academy 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

How will this Training Course be Presented?

This Coventry Academy 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.

The Course Content

Module 1: Feasibility Studies: Preparation, Analysis & Evaluation
Day One: Introduction to Feasibility Studies
  • 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
Day Two: Financial Feasibility
  • 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
Day Three: Project Options and Risk Assessment
  • Project requirements
  • Performing an Options Analysis
  • Option Generation and Selection
  • Risk Management process and application
  • Estimating Risk and Quantitative Risk Analysis
  • Risk Response Planning
Day Four: Gaining Buy-In to Project 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
Day Five: Presenting a Business Idea
  • The characteristics of engaging communication
  • Multiple Intelligences
  • The Learning Cycle
  • Lessons Learned and Personal Action Plan
  • Pitching a Business Idea
  • Simulation and role play
Module 2 - Project Formulation: Preparing Projects to Maximise Sustainable Value
Day Six: Project Management Overview and Project Initiation
  • Project Management Principles
  • Project Management Performance Domains
  • Project Management Life Cycles
  • Identifying Stakeholders
  • Prioritising Stakeholders
  • Developing a Project Charter
Day Seven: Integration, Scope and Quality Management Planning Processes
  • Developing the Project Management Plan
  • Planning Scope Management
  • Collecting Requirements
  • Defining Scope
  • Creating Work Breakdown Structures
  • Planning Quality Management 
Day Eight: Risk Management Planning Processes
  • Planning Risk Management
  • Identifying Risks
  • Creative Thinking Techniques
  • Qualitative Risk Analysis
  • Quantitative Risk Analysis
  • Planning Risk Response 
Day Nine: Schedule and Cost Management Planning Processes
  • Planning Schedule Management
  • Defining and Sequencing Activities
  • Estimating Activity Durations and Developing the Project Schedule
  • Planning Cost Management
  • Estimating Costs
  • Determining the Budget 
Day Ten: Resource, Communication, Stakeholder and Procurement Management Planning Processes
  • Planning Resource Management
  • Estimating Project Resources
  • Planning Communications Management
  • Planning Stakeholder Engagement
  • Planning Procurement Management
  • Preparing the project for Execution