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3 - PRJ - Project Portfolio Management
PRJ-ON 146 - Feasibility Study in Business Analysis (4 Days)
Course Description
A feasibility study is a kind of enterprise analysis. It gives the investors an idea of the possibility to processed in a proposed project or withholding the idea. It is an analysis of the current mode of operation, a definition of requirements, an evaluation of alternatives. This course teaches participants how to conduct a feasibility analysis step-by-step. It covers a detailed and clear explanation of how to reach information and put it into a formal report.
Course Objectives
- Introducing feasibility study in business analysis
- Understanding the components of a feasibility study
- Understanding the market needs
- Analyzing threats and opportunities
- Creating the feasibility study report
Who Should Attend?
- Human resource specialists
- Financial analysts and management accountants
- Marketing and business planning specialists
- Operations managers
- Systems analysts and business process designers
- Change management specialists
Course Details/Schedule
Day 1
- Definition of feasibility study
- Feasibility study vs. business plan
- The elements of a good feasibility study report
- Project description / definition
- The “big picture" complete with challenges, alternatives, competitors, consequences
- Requirements
- Executive summary
- Creative thinking in business analysis
Day 2
- Steps of conducting feasibility study
- Conduct a preliminary analysis
- Risk analysis
- Prepare a projected income statement
- Profit projections
- Start-up costs
- Working capital
- Sales forecasts
- Hiring a lawyer or an accountant
Day 3
- Conduct a market survey
- Size of your market
- Demand for product or service
- Customer’s willingness to pay
- Growth or decline period
- Competitors
Day 4
- Plan business organization and operations
- Operational issues: suppliers, repairs, staff, licenses or permits
- Creating a feasibility study report
- Evaluating the study