Course Schedules

Classroom 7 Sessions
Online / Live
Live

Training Course Overview

Out of every fifty business ideas, only one typically proves commercially viable, underscoring the importance of efficiently distinguishing winners from non-starters to conserve both time and money. A Feasibility Study offers a systematic approach to evaluating the potential success of any new business venture, whether it involves a major project or the launch of an entirely new business. By assessing the technical, commercial, financial, and organizational feasibility of your idea, you can preemptively eliminate ventures that may consume valuable resources without yielding results.

Moreover, this process enhances the likelihood of success for promising projects by providing deeper insights into the challenges, risks, and opportunities they entail. This strategic foresight not only mitigates potential pitfalls but also maximizes the value these ventures contribute to your organization.

This Anderson training course will feature:

  • The key concepts and benefits of a Feasibility Study
  • A step-by-step approach to describing a business idea and assessing its feasibility
  • Creating a Feasibility Study report
  • Assessing the risks and challenges facing new projects
  • Winning support for a new business idea from key stakeholders

Training Course Objectives

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

  • Appreciate the essential role played by Feasibility Studies
  • Confidently apply a methodical approach to conducting Feasibility Analysis
  • Assess Technical, Commercial, Organizational and Financial feasibility
  • Engage and involve key stakeholders to create ownership for new business ideas
  • Create and ‘pitch’ comprehensive and engaging Feasibility Studies to senior stakeholders to enable effective business decisions

Designed for

This Anderson training course will benefit anyone who might need to take part in a Feasibility Study, including people responsible for leading or delivering substantial projects, such as the development and launch of new products, new services, new IT systems or large pieces of infrastructure. This training course is suitable for those relatively new to the discipline as well as to more seasoned managers who may need to review Feasibility Studies before helping to make important investment decisions and will also benefit:

  • Project Managers
  • Project Planners
  • Managers responsible for launching new products and services
  • Senior operations managers
  • People launching new business ventures

Learning Methods

This Anderson training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This training course focuses strongly on interactivity and practical exercises. Short presentations are combined with extensive discussions, relevant videos, team activities and case study exercises. Examples from the delegates own organizations are used to bring training to life and to ground it in reality. An opportunity for teams to pitch brand-new business ideas invariably proves to be the highlight of this hands-on course.

Course Content

Day 1

Introduction to Feasibility Studies

  • What are feasibility studies and why are they important?
  • Feasibility studies: definitions, principles and concepts
  • Feasibility Study Components and Process
  • Technical Feasibility
  • Commercial Feasibility
  • Organizational Feasibility – people, competence and resources
Day 2

Financial Feasibility

  • Financial Feasibility – costs, return on investment
  • Cost classification and estimation
  • Non-Discounting Methods and Discounting Methods
  • Prepare Your Capital Spending Plan
  • Prepare Your Cash Flow Forecast
  • Required Investment for Your Business
Day 3

Project Options and Risk Assessment

  • Project requirements
  • Performing an Options Analysis
  • Option Generation and Selection
  • Risk Management process and application
  • Estimating Risk and Quantitative Risk Analysis
  • Risk Response Planning
Day 4

Gaining Buy-In to Project Planning

  • Components of a Feasibility Report
  • Developing the Feasibility Report
  • Project Planning
  • Critical Path Analysis
  • Tips to preparing an impactful Business Plan
  • Preparing to pitch your business idea - facing ‘The Dragon’s Den’
  • Case studies
Day 5

Presenting a Business Idea

  • The characteristics of engaging communication
  • Multiple Intelligences
  • The Learning Cycle
  • Lessons Learned and Personal Action Plan
  • Pitching a Business Idea
  • Simulation and role play

The Certificate

Recognition
  • Anderson Certificate of Completion for delegates who attend and complete the training course
  • The applicable PMI Professional Development Units/Contact Hours will be reflected in the Certificate of Completion

Accreditation

PMI Approved Training Courses

Anderson is an official PMI Authorized Training Partner (ATP). All applicable project management courses are pre-approved by the Project Management Institute, allowing participants to earn the necessary PDUs and Contact Hours for certification and recertification.

FREQUENTLY ASKED QUESTIONS

Learn more about this course

Yes. The Feasibility Studies: Preparation, Analysis & Evaluation training course can be customised and delivered exclusively for organisations seeking a tailored learning solution. Course content can be adapted to address specific business objectives, operational challenges, industry requirements, and organisational priorities. Customised training allows teams to focus on the topics most relevant to their roles while supporting wider organisational development goals.

No. The Feasibility Studies: Preparation, Analysis & Evaluation training course is open to professionals from a wide range of backgrounds and experience levels. The course content is structured to provide value to both those who are new to the subject and experienced practitioners seeking to deepen their expertise. While some prior knowledge may enhance understanding of certain concepts, it is not a requirement for participation

The Feasibility Studies: Preparation, Analysis & Evaluation training course uses a variety of learning approaches to maximise participant engagement and knowledge retention. These may include expert-led presentations, practical exercises, case studies, group discussions, scenario-based activities, and collaborative learning opportunities. This approach encourages active participation and helps participants translate learning into practical workplace results.

The Feasibility Studies: Preparation, Analysis & Evaluation training course is suitable for professionals who want to expand their knowledge, strengthen their practical skills, and improve their effectiveness within their current or future roles. It is valuable for managers, team leaders, supervisors, specialists, consultants, and professionals seeking to stay current with industry developments and best practices. Whether your goal is career advancement, improved decision-making, or enhanced workplace performance, this course provides relevant knowledge and practical insights to support your professional ambitions.

If you would like additional information about the Feasibility Studies: Preparation, Analysis & Evaluation training course, our professional support team is available to assist with course enquiries, registration guidance, group bookings, and customised training requirements. We are committed to helping you identify the most suitable learning solution for your professional development goals.

 

Participants attending the Feasibility Studies: Preparation, Analysis & Evaluation training course gain access to valuable industry insights, practical techniques, and internationally recognised best practices. The course helps professionals improve performance, strengthen confidence, broaden their perspective, and develop skills that contribute to both personal and organisational success. It also provides an excellent opportunity to exchange ideas and experiences with professionals from diverse sectors and backgrounds.

The Feasibility Studies: Preparation, Analysis & Evaluation training course combines practical knowledge, current industry practices, and expert guidance to create a highly relevant learning experience. Rather than focusing solely on theory, the course emphasises practical application, enabling participants to develop skills and approaches that can be implemented directly within their organisations. This balance of knowledge and practical relevance helps participants achieve meaningful and lasting professional impact.

Yes. Participants who successfully complete the Feasibility Studies: Preparation, Analysis & Evaluation training course will receive a Anderson Certificate of Completion, demonstrating their commitment to professional development and continuous learning. This certificate provides formal recognition of the knowledge and skills gained during the course and can support professional growth and career progression.

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