Feasibility Studies: Evaluation, Preparation and Analysis

Turning Business Ideas into Evidence-Based Investment Decisions

A well-structured feasibility study helps organisations determine whether a proposed project, investment, or business initiative is viable before committing significant resources. It brings together strategic, operational, financial, and risk considerations to compare alternatives and provide decision-makers with clear recommendations.

The Feasibility Studies – Evaluation, Preparation and Analysis course provides participants with a practical framework for planning, preparing, evaluating, and reviewing feasibility studies. It covers business needs, options analysis, stakeholder considerations, risk assessment, cost estimation, financial appraisal, and sensitivity analysis.

Across five days, participants learn how to evaluate alternative options, apply techniques such as NPV and IRR, structure feasibility study financial models, test assumptions, and communicate findings through professional reports and decision memoranda.

You'll Learn How To

• Explain the purpose and value of feasibility studies.
• Distinguish a feasibility study from a business case and business plan.
• Identify the key components of a comprehensive feasibility study.
• Translate business needs into clear study objectives.
• Develop and compare alternative project options.
• Evaluate strategic, operational, financial, and other feasibility considerations.
• Identify and assess project risks and opportunities.
• Analyse stakeholder interests and their influence on project viability.
• Develop cost estimates and determine appropriate contingencies.
• Apply discounted and non-discounted financial evaluation techniques.
• Calculate and interpret NPV and IRR.
• Build a structured feasibility study financial model in Excel.
• Test assumptions using sensitivity and scenario analysis.
• Evaluate an existing feasibility study and identify weaknesses.
• Prepare clear feasibility reports and recommendations for decision-makers.