Feasibility Studies: Preparations, Analysis & Evaluation

Course: Feasibility Studies: Preparations, Analysis & Evaluation.
Course Preamble.
A well throughout feasibility study is an essential tool that allows project analysis, planning, Implementation and the
achievement of the ultimate expected long-term change. Comprehensive Feasibility studies address factors that could
affect the success or failure of projects. The options are also ranked to help the project teams make informed
decisions. The final output of the feasibility study is a clear, concise report.
Target Audience
Project officers, senior project managers, staff working with development partners, senior management, and
individuals involved in preparing, writing and analyzing feasibility studies.
Training Modules
Introduction
• Feasibility study definition
• Myths about feasibility studies
• Objectives of feasibility study
• Feasibility study versus business plan
• Feasibility study cycle
• Preparation steps for a feasibility study
Feasibility Study Foundations
• Marketing feasibility
• Market analysis
• Market research data
• Technical feasibility
• Capital expenditures (CAPEX)
• Operating expenses (OPEX)
• Operational feasibility
• Financial feasibility
• Profit & loss statement
• Balance sheet
Feasibility Study Elements
Organizational Feasibility
Marketing feasibility
• Market research and analysis
• Market research data types
• Sales projections analysis
Technical feasibility
• Critical technical questions
• Supply feasibility
• Operational feasibility
Financial feasibility
• Project costs
• Indirect costs
• Ongoing costs
Building Financial Model Using Microsoft Excel
• Structuring the financial model
• Calculating weighted average cost of capital (WACC)
• Figuring cost of equity using capital asset pricing model (CAPM)
• Preparing unlevered free cash flow (UFCF)
• Analyzing terminal value of the project
• Conducting sensitivity analysis
• Generating different scenarios
• Preparing sensitivity table
• Creating different scenario analyses
Evaluation and Implementation of the feasibility study
• Internal recommendations and conclusions
• Evaluating feasibility studies and common mistakes
• Implementing the proposals
Report Preparation of Feasibility Study
• Creating and developing the format of feasibility report
• Pitching an idea for the business
• Personal Action Plan
Way forward After the Training
Participants will develop a work plan through the help of facilitators that stipulates application of skills acquired in
improving their organizations. ASPM will continuously monitor implementation progress after the training.
Training Evaluation
Participants will undertake a simple assessment before the training to gauge knowledge and skills and another