Economic Feasibility Analysis: Evaluating Project Viability

Course Description

This intensive 5-day course equips participants with advanced skills in economic feasibility analysis for project management. Attendees will learn to evaluate project viability, assess financial implications, and make data-driven decisions. The course covers financial modeling, market analysis, risk assessment, and presentation of findings.

Learning Objectives

• Develop comprehensive financial models for project evaluation
• Conduct in-depth market research and opportunity assessments
• Perform risk analysis and develop mitigation strategies
• Create compelling feasibility reports for stakeholders
• Apply advanced techniques in cost-benefit analysis
• Make informed decisions based on economic feasibility findings

Course Modules

Day 1: Fundamentals of Economic Feasibility Analysis

• Introduction to economic feasibility and its importance
• Key components of feasibility studies
• Cost-benefit analysis techniques
• Establishing project objectives and scope

Day 2: Financial Modeling for Feasibility Analysis

• Advanced financial modeling techniques
• Cash flow analysis and projections
• Net Present Value (NPV) and Internal Rate of Return (IRR) calculations
• Sensitivity analysis for project risks

Day 3: Market Research and Opportunity Assessment

• Conducting comprehensive market analysis
• Identifying market trends and opportunities
• Competitive landscape analysis
• Integrating market insights into feasibility studies

Day 4: Risk Assessment and Mitigation Strategies

• Identifying and categorizing project risks
• Quantitative and qualitative risk assessment methods
• Developing risk mitigation plans
• Scenario analysis for decision-making

Day 5: Presenting Feasibility Analysis Findings

• Structuring comprehensive feasibility reports
• Data visualization techniques for financial presentations
• Effective communication of key findings and recommendations
• Strategies for gaining stakeholder approval

Practical Wins for Participants

• Ability to create robust financial models for project evaluation
• Skills to conduct thorough market analysis and risk assessments
• Expertise in preparing compelling feasibility reports
• Confidence in making data-driven project decisions