| Date | Venue | Fees | |
|---|---|---|---|
| 25 - 27 Jan 2027 | Sharm El Sheikh - Egypt | $ 3,950 | |
| 05 - 07 Jul 2027 | Sharm El Sheikh - Egypt | $ 3,950 |
Introduction
This 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 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
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
- Upon successful completion of this training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
- The certificate will also have a PMI Course Identifier, which will enable the learners to claim Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI) towards certification or recertification of PMI credentials.
