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Schedules Introduction Objectives Training Methodology Who Should Attend? Outline
Course Schedule
Date Format Time Fees
21 - 23 Nov 2022 Online 11:00 to 16:00 Dubai [GMT +4] $1,750
Course Description

Introduction

This online 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 online 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 online 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 online workshop will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The workshop is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.

Who Should Attend?

This GLOMACS online 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

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
Certificates
  • On successful completion of this training course, GLOMACS E-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
Providers and Associations

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PetroKnowledge

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