A Project’s feasibility study outlines the potential benefits and risks of a project. It helps project managers determine the feasibility of a new venture and avoid risky investments. These studies are also a valuable tool in convincing investors that a project or business is feasible. In addition to determining the potential profitability of a new venture, feasibility studies can help managers determine the market for their project or business.

Target Group:

Accountants
Accounting Professionals
Finance Managers
Program Managers 
Project Supervisors
Program Directors
Assistant Finance Managers
Cost optimization Experts
Financial Advisors
Financial Consultancies
And other Finance/Project Management related Professionals

Aspiring Trainees should be capable of the following:

• General knowledge of marketing basics
• Knowledge of cost estimation techniques
• Basic principles of financial analysis and corporate finance
• Little knowledge of statistics and sampling methods is an advantage

  Course Objectives and Learning Outcomes.

  • Evaluate company opportunities via the value creation lens
  • Apply the value stick, a research-based framework for strategy formation, to major strategic decisions that firms confront today.
  • Master the language and methods of business strategy to make a meaningful contribution to strategic dialogues and the success of your organisation.
  • Create value for consumers, workers, and suppliers in unexpected ways that competitive firms will find difficult to duplicate.
  • Create long-term success by leveraging complements and network effects.

Trainees are encouraged to choose topics that interest them, but it's recommended that they be comfortable with technical and scientific topics. The course is designed to provide participants with the foundation and skills necessary to make the best decisions for their project. The course includes lectures and guest speakers while also having reading materials and videos.

• Learn about the basics of managerial economics and engineering.
• Learn about the advantages and disadvantages of different innovation processes and strategies.
• Explore how to apply various economic models, including the Analytical Hierarchy Process (AHP), and develop a business plan.
• Trainees will practice using computational, physical, and visual design tools.
• Trainees will practice presenting their experimental findings.
• Future design and development.
• Learn how to communicate their findings to stakeholders and clients.
• Develop an understanding of the importance of effective teamwork.
• Emphasizes the use of social and economic principles to analyze engineering systems and technology issues.