Course Schedules

Classroom 5 Sessions
Online / Live
Live

No dates scheduled

Introduction

Investing in projects is a crucial decision that requires robust Project Management to ensure that the investment achieves its maximum potential. The Project Formulation and Feasibility Studies Analysis Course examines how the Feasibility Study and Project Planning Processes create a solid foundation for successful project implementation and the realization of benefits for both the organization and key stakeholders. In the first module, we will explore how to establish technical, commercial, financial, and organizational feasibility. The second module will then focus on effective planning for each critical element of the project.

This Project Formulation and Feasibility Studies Analysis training course will feature:

  • The benefits of undertaking a feasibility study
  • How to conduct a feasibility study
  • The Principles and Performance Domains for effective Project Management
  • Project Initiation processes and creating the Project Management Plan
  • Planning processes for Scope, Quality, Risk, Schedule, Cost, Resource, Communication, Stakeholder and Procurement Management

What are the Goals?

By the end of this Project Formulation and Feasibility Studies Analysis training course, participants will be able to:

  • Explain the essential value of Feasibility Studies
  • Conduct and present a Feasibility Study
  • Engage effectively with Project Stakeholders
  • Create a Project Charter
  • Create a Project Management Plan
  • Carry out Project Planning Processes

Who is this Training Course for?

This Anderson training course is suitable to a wide range of professionals but will greatly benefit:

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

How will this Training Course be Presented?

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.

Course Content

Day 1 to 10

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 1 to 10

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 1 to 10

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 1 to 10

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 1 to 10

Project Management Overview and Project Initiation

  • Project Management Principles
  • Project Management Performance Domains
  • Project Management Life Cycles
  • Identifying Stakeholders
  • Prioritising Stakeholders
  • Developing a Project Charter
Day 1 to 10

Integration, Scope and Quality Management Planning Processes

  • Developing the Project Management Plan
  • Planning Scope Management
  • Collecting Requirements
  • Defining Scope
  • Creating Work Breakdown Structures
  • Planning Quality Management
Day 1 to 10

Risk Management Planning Processes

  • Planning Risk Management
  • Identifying Risks
  • Creative Thinking Techniques
  • Qualitative Risk Analysis
  • Quantitative Risk Analysis
  • Planning Risk Response
Day 1 to 10

Schedule and Cost Management Planning Processes

  • Planning Schedule Management
  • Defining and Sequencing Activities
  • Estimating Activity Durations and Developing the Project Schedule
  • Planning Cost Management
  • Estimating Costs
  • Determining the Budget
Day 1 to 10

Resource, Communication, Stakeholder and Procurement Management Planning Processes

  • Planning Resource Management
  • Estimating Project Resources
  • Planning Communications Management
  • Planning Stakeholder Engagement
  • Planning Procurement Management
  • Preparing the project for Execution

The Certificate

Recognition
  • Anderson Certificate of Completion for delegates who attend and complete the training course
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