Feasibility Studies Techniques
Introduction
Feasibility study focuses on helping answer the essential question of “should we proceed with the proposed project idea?” All activities of the study are directed toward helping answer this question
A well-designed feasibility study should provide a historical background of the business or project, a description of the product or service, accounting statements, details of the operations and management, marketing research and policies, financial data, legal requirements and tax obligations. Generally, feasibility studies precede technical development and project implementation. Determining early that a business idea will not work saves time, money and heartache later
How you will benefit
- Prepare and analyze feasibility studies
- Identify crucial arguments and effectively explore the various assumptions
- Present ideas in a simple, effective, convincing and objective manner
- Build a feasibility study financial model using Microsoft Excel
- Perform scenario and sensitivity analysis to improve plans and projections
Who should attend
The course will benefit CEO's, General Managers, Marketing team members from all industries