An Intensive 3-day Training Course
Workshop on Feasibility Studies
Evaluating New Ideas for Business Development
Course Introduction
This training course on Feasibility Studies is designed to help professionals evaluate the potential success of a proposed project before committing resources. A thoroughly conducted feasibility study lays the groundwork for effective project definition and management by analyzing and assessing business ideas. It assists in identifying viable courses of action, mitigating risks, and accurately forecasting the outcomes and impacts of chosen options. In essence, a feasibility study is a critical tool for managers aiming to align strategic goals with operational execution to achieve and sustain superior performance.
During this Oxford Management training course, participants will explore topics such as:
- The definition of a feasibility study and best practice techniques
- Practical applications of feasibility studies
- Methods for structuring and planning a feasibility study
- The integration of feasibility studies within business plans
- Steps to effectively execute a feasibility study
Objectives
By the conclusion of this Workshop on Feasibility Studies training course, participants will be equipped to:
- Integrate feasibility studies into business planning processes
- Lead and manage the execution of feasibility studies
- Motivate and guide teams in conducting feasibility analyses
- Apply thorough analytical and creative thinking to feasibility assessments
- Evaluate the overall effectiveness of feasibility studies
Training Methodology
This highly interactive Oxford Management Workshop on Feasibility Studies training course 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 Oxford Management 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
Course Outline
- Clarifying the Purpose of the Feasibility Study
- Aligning a Feasibility Study with the Business Plan
- Discussion - The Characteristics and Objectives of a Feasibility study
- Structuring the Process - Timings, Milestone, Evaluation
- Securing the Required Resources for the Feasibility Study
- Financial and Non - Financial Dimension of the Activity
- Discussion of Practical Example
- Evaluating the Output of the Feasibility Study
Certificate
Oxford Management Centre Certificate will be provided to delegates who successfully completed the training course.