Project Formulation and Feasibility Studies Analysis

Course overview

Course outline

1. 1Day 1: Introduction to Feasibility Studies & Financial Feasibility

   • Feasibility Studies: Preparation, Analysis & Evaluation
   • 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
   • 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
2. 2Day 2: Project Options and Risk Assessment & Gaining Buy-In to Project Planning

   • 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
   • 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
3. 3Day 3: Presenting a Business Idea & Project Management Overview and Project Initiation

   • 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
   • Project Formulation: Preparing Projects to Maximise Sustainable Value
   • 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
4. 4Day 4: Integration, Scope and Quality Management Planning Processes & Risk Management Planning Processes

   • 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
   • Risk Management Planning Processes
   • Planning Risk Management
   • Identifying Risks
   • Creative Thinking Techniques
   • Qualitative Risk Analysis
   • Quantitative Risk Analysis
   • Planning Risk Response
5. 5Day 5: Schedule and Cost Management Planning Processes and more

   • 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
   • 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