Feasibility Studies: Preparation, Analysis and Evaluation - Virtual Learning

Course Objectives

Feasibility Studies: Preparation, Analysis and Evaluation - Virtual Learning

By the end of the course, participants will be able to:

  • Define 'feasibility study' and compare it to 'business plan'
  • Identify the crucial elements in the feasibility study
  • Build the feasibility study financial model using Microsoft Excel
  • Apply different investment appraisal methods and analyze financial parameters
  • Analyze the feasibility study and find its merits and shortcomings

Target Audience

Project sponsors, senior management, functional managers, project managers and individuals involved in preparing, writing and analyzing feasibility studies. This course is worth 30 Professional Development Units (PDUs).

Target Competencies

  • Planning
  • Analyzing data
  • Evaluating options
  • Thinking proactively
  • Managing scenarios
  • Cognitive ability


This course involves practical and hands-on training on a feasibility study financial model using Microsoft Excel. Laptops will be made available by Meirc.

The following will be distributed during the course:

  • Feasibility study financial models built in Excel - soft copy
  • Templates for feasibility study proposals - soft copy

Course Outline

  • lntroduction and definitions
    • Definitions of 'feasibility study'
    • Objectives of a feasibility study
    • Feasibility study versus business plan
    • Feasibility study cycle
    • Preparation steps for a feasibility study
  • Feasibility study elements
    • Report elements of the feasibility study
    • Executive summary
    • Outline of the feasibility study
    • 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
  • Feasibility study financial model using Microsoft Excel
    • Building the financial model of the feasibility study
    • Weighted Average Cost of Capital (WACC)
    • Cost of equity using the Capital Asset Pricing Model (CAPM)
    • Unlevered Free Cash Flow (UFCF)
    • Terminal value of the project
    • Preparing sensitivity tables
    • Creating different scenario analyses
  • Appraisal and analysis of the feasibility study
    • Financial analysis parameters
      • Liquidity ratios
      • Operating ratios
      • Financial leverage ratios
      • Security ratios
      • Profitability ratios
    • Investment appraisal analyses
      • Quantity and sales Breakeven Points (BEP)
      • Payback Period (PP)
      • Net Present Value (NPV)
      • Internal Rate of Return (IRR)
      • Profitability Index (PI)
  • Evaluation and implementation of the feasibility study
    • Internal recommendations and conclusions
    • Evaluating feasibility studies
    • Common mistakes in using the feasibility study results
    • Implementing the proposals

Per participant

USD 2,350

Fees + VAT as applicable

Tax Registration Number : 100239834300003

Discount Plans & Cancellations Policy