Analysis and Evaluation of Economic Feasibility of Projects

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.