Analysis and Evaluation of Economic Feasibility of Projects

Course details

This training course takes students through the cycle of project feasibility study preparation and evaluation.

Feasibility study is needed before starting a new project (product or service), establishing a new business, or upgrading/modifying/expanding an existing business.

Through feasibility study preparation cycle, projects can be determined if feasible/viable from the marketing and technical viewpoints. Given their estimated capital and operation costs (CAPEX & OPEX), projects can also be determined whether profitable or not.

As the name implies, a feasibility study is used to determine the viability of an idea. The objective of this study is to ensure a project is legally and technically feasible and economically justifiable. It tells us whether a project is worth the investment or not.