Project Formulation and Feasibility Studies Analysis

Upcoming Sessions

Classroom sessions
Online sessions

Course Introduction

Investing in projects requires a strong foundation in effective project management to ensure value is delivered to the organization and its stakeholders. The Project Formulation and Feasibility Studies Analysis Course explores how integrating feasibility studies with project planning strengthens the foundation for successful project delivery. By examining feasibility first, participants learn how to evaluate the viability of a project before moving into detailed planning and execution.

The first module focuses on assessing feasibility from technical, commercial, financial, and organizational perspectives. The second module builds on this foundation by detailing how to plan each essential project component, ensuring a structured approach to managing and executing projects. This combination enables participants to confidently move from project idea to actionable plan with clarity and confidence.

This 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

Objectives

By the end of this training course, participants will be able to:

  • Explain the essential value of feasibility studies and how they support project success
  • Conduct and present a feasibility study with clear conclusions and recommendations
  • Engage effectively with project stakeholders to build support and alignment
  • Create a project charter that defines objectives, scope, and deliverables
  • Develop a comprehensive project management plan for successful execution
  • Carry out project planning processes across scope, risk, cost, schedule, quality, resource, communication, stakeholder and procurement management

Training Methodology

This COPEX training course uses proven adult learning techniques to ensure participants gain a strong understanding of the concepts and retain practical knowledge. The training is highly interactive, with a focus on practical exercises that reflect real-world project scenarios. Each session is designed to build skills progressively, starting with feasibility evaluation and moving into project planning.

The learning approach includes short presentations, facilitated discussions, and relevant video content. Participants work in teams to complete case study exercises, allowing them to apply concepts immediately. Examples from delegates’ own organizations are encouraged to make the training practical and relevant, ensuring participants can apply the learning directly in their workplace.

Who Should Attend?

This COPEX training course is suitable for professionals involved in project decision-making, planning, and execution. It is ideal for those who need to understand how to evaluate project viability and translate ideas into structured project plans. The course is designed to support both new and experienced project professionals who are responsible for ensuring projects deliver sustainable value.

This course will greatly benefit:

  • Project Managers
  • Project Planners
  • Managers responsible for launching new products and services
  • Senior operations managers
  • Business development managers
  • Project sponsors and project support staff

Course Outline

Day 1: 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 2: 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 3: 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 4: 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 5: Presenting a Business Idea

  • The characteristics of engaging communication
  • Multiple Intelligences
  • The Learning Cycle
  • Lessons Learned and Personal Action Plan
  • Pitching a Business Idea
  • Simulation and role play

Day 6: 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 7: 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 8: Risk Management Planning Processes

  • Planning Risk Management
  • Identifying Risks
  • Creative Thinking Techniques
  • Qualitative Risk Analysis
  • Quantitative Risk Analysis
  • Planning Risk Response

Day 9: 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 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

Accreditation

PMI Approved Training Courses

Certificate

  • COPEX Certificate of Attendance will be provided to delegates who attend and complete the course

Material published by Copex shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

Whats Makes Copex Courses Unique?

COPEX Training is your gateway to professional growth, with over 20 years of experience turning potential into success. Each year, we deliver over 1,000 courses in 50+ countries, earning a stellar 98% satisfaction rate. Trusted by global giants like BP, the United Nations, and HSBC, we partner with top certification bodies to provide career-focused training that empowers individuals and drives organizational breakthroughs. Our mission? To transform the way professionals learn and grow in today’s fast-changing industries. Through expert insights, cutting-edge methods, and hands-on approaches, we equip you with the skills and confidence to tackle challenges, seize opportunities, and thrive in your career.

Led by a passionate leadership team and supported by a network of world-class trainers, COPEX Training connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.

Related Categories

Project Management (PM)

Related Certificates

PMI Approved Training Courses

Frequently Asked Questions

This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.

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Our cancellation policy varies depending on the circumstances presented. Generally, cancellations must be initiated in formal writing at least 14 days prior to the commencement date of the training course. Further, the option to shift an existing registration to another training course on a later date is possible. Otherwise, a full refund will be initiated.

Our training courses courses are being held at five-star hotels in prime and iconic destinations across the globe. Cities such as Amsterdam, Barcelona, Dubai, Geneva, Istanbul, Kuala Lumpur, London, Houston, New York, Paris, Vienna, Zurich, etc.

Our training courses will run for 5 hours per day. The standard daily timing is from 8:30 am – 3:30 pm including the coffee/tea breaks and lunch.

The training course fee can be settled by either:

  • Bank transfer
  • Credit Card

Published training course fees are inclusive of the training venue, training manual, writing materials, lunch and coffee breaks with refreshments over the entire duration of the training course.

Upon successful registration, processing window will take not more than 24 hours from the time of registration. An email including the registration confirmation, invoice and joining instructions will be sent to the provided email address.

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