Economic feasibility studies are essential tools used by project leaders and investors to make informed and effective decisions about project execution. The purpose of a feasibility study is to determine the viability of a project in financial, economic, social, and operational terms. In this course titled "The Efficient and Effective Evaluation of Economic Feasibility Studies for Projects According to Scientific and Professional Standards", offered by The British Academy for Training and Development, participants will acquire the necessary skills to evaluate projects based on scientific and professional standards using advanced tools and techniques. The course covers all aspects of evaluating the feasibility of projects, from financial analysis to risk assessment, as well as the use of best scientific tools for conducting evaluations.

Who Should Attend?

• Executive managers and project managers.
• Financial analysts and economic consultants.
• Small and medium-sized enterprise (SME) owners.
• Experts and professionals in investment planning.
• All those interested in evaluating project feasibility and making precise investment decisions.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• Provide fundamental knowledge about economic feasibility studies and their objectives.
• Learn how to conduct a comprehensive evaluation of economic feasibility using modern tools.
• Understand the scientific and professional standards adopted for project evaluation.
• Analyze the returns and risks associated with projects.
• Learn how to make informed investment decisions based on the results of a feasibility study.
• Learn performance measurement techniques and ensure the successful implementation of projects according to the study.

• Definition of Economic Feasibility Studies

  • Concept and objectives of a feasibility study.
  • The importance of feasibility studies in making investment decisions.
  • The relationship between economic feasibility studies and financial feasibility studies.

• Key Stages in Feasibility Study Preparation

  • Data collection and market analysis.
  • Cost and revenue estimation.
  • Technical and economic feasibility analysis.

• Factors Affecting Feasibility Studies

  • Economic and political factors.
  • Internal and external environmental analysis.
  • The role of the consulting team in enhancing evaluation accuracy.

• Analysis of Fixed and Variable Costs

  • Identifying initial and operational costs.
  • Calculating hidden costs and opportunity losses.
  • The importance of proper financial resource planning.

• Estimating Future Revenues

  • Methods for estimating expected revenues.
  • Using forecasting techniques in return analysis.
  • Factors affecting revenues such as market and competition.

• Financial Evaluation of the Project

  • How to calculate Net Present Value (NPV).
  • Calculating Return on Investment (ROI).
  • Using Internal Rate of Return (IRR).

• Defining Risks in Projects

  • Types of risks: financial, market, operational, and environmental.
  • The importance of risk analysis in feasibility studies.
  • Methods for classifying and determining the impact of risks.

• Risk Evaluation Techniques

  • Qualitative and quantitative risk analysis.
  • Using tools like sensitivity analysis and scenario analysis.
  • How to calculate the impact of risks on economic feasibility.

• Risk Management Strategies

  • How to mitigate risks: hedging and insurance.
  • Diversification and geographical distribution to reduce risks.
  • Emergency strategies to deal with unforeseen risks.

• Scientific Standards Used in Feasibility Studies

  • Using mathematical and statistical methods.
  • Analyzing quantitative and qualitative data in feasibility evaluations.
  • The role of scientific research in improving forecast accuracy.

• The Role of Social Sciences in Feasibility Evaluation

  • How to integrate social criteria into the feasibility study.
  • Assessing the social and environmental impact of projects.
  • Social performance metrics in project evaluation.

• Scientific Tools in Feasibility Analysis

  • Using mathematical models to analyze costs and returns.
  • How to use software and applications in analysis.
  • Simulation tools and specialized software in feasibility studies.

• International Professional Standards

  • International standards like IFRS and financial accounting standards.
  • Applying quality standards in project evaluation.
  • How to document and analyze data according to professional standards.

• The Role of Expert Consultants in Feasibility Studies

  • How to select suitable consultants for projects.
  • Professional skills required to provide accurate feasibility studies.
  • Analyzing and interpreting reports from consultants.

• Applying Professional Standards in Practical Evaluation

  • How to apply professional standards in evaluating feasibility studies.
  • Practical case studies to implement these standards.

• Social and Environmental Analysis of Projects

  • How to integrate environmental and social impact assessments in feasibility studies.
  • Social feasibility study: Assessing the impact on local communities.
  • Environmental standards in evaluating project feasibility.

• Social Factors Affecting Project Success

  • Analyzing social and economic gaps.
  • The role of projects in creating job opportunities and sustainable development.
  • How to improve social conditions through projects.

• Social and Economic Feasibility Evaluation

  • Integrating social analysis into economic evaluation.
  • Measuring the social impact on targeted communities.
  • Balancing economic feasibility with social impact.

• Using Software in Feasibility Studies

  • How to use Excel, SPSS, and simulation tools for evaluation.
  • Financial software applications specialized in feasibility analysis.
  • How to use scenario analysis tools for increased prediction accuracy.

• Leveraging Big Data in Project Evaluation

  • The role of Big Data in improving predictions.
  • Using Artificial Intelligence in cost and return analysis.
  • How to combine data analysis with feasibility studies.

• Multiple Scenario Analysis

  • Preparing multiple scenarios and determining success and failure probabilities.
  • Evaluating performance under different market conditions.
  • How to generate professional reports based on scenario analysis.

• Advanced Financial Tools in Evaluation

  • Using demand and supply function models.
  • Assessing the creditworthiness of projects.
  • Forecasting methods using time series analysis.

• Financial Feasibility Study: Cash Flows and Returns

  • Calculating incoming and outgoing cash flows.
  • Financial returns: Analyzing and assessing risks.
  • Using financial data analysis in feasibility studies.

• Sensitivity and Financial Flexibility Techniques

  • Evaluating financial sensitivity of projects.
  • Techniques to assess financial feasibility flexibility.
  • How to improve project performance in case of financial changes