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