A Project Management Institute, Inc. (PMI)®Registered Training Course
Workshop on Feasibility Studies
Evaluating New Ideas for Business Development
Course Overview
This Workshop on Feasibility Studies enables professionals to assess the likely success of a proposed project before taking a decision to proceed. A well-executed feasibility study is an essential foundation for successful project definition and project management. It takes business development ideas through a process of analysis and evaluation to (a) select options for action and (b) reduce risk and forecast as accurately as possible the outcomes and impact of the selected options. A feasibility study is one of the key mechanisms that enable managers to align strategy and operations in achieving and sustaining superior performance.
This GLOMACS workshop will feature the following topics:
- Definition of a Feasibility Study and Best Practice Techniques
- How to Use a Feasibility Study
- How to Structure and Plan a Feasibility Study
- The Role of a Feasibility Study in a Business Plan
- How to Execute a Feasibility Study
Training Objectives
By the end of this workshop, participants will be able to do the following:
- Incorporate feasibility studies in business plans
- Lead and manage the process of completing feasibility studies
- Engage and motivate teams to conduct feasibility studies
- Apply rigorous analytical and creative thinking in feasibility studies
- Monitor the effectiveness of feasibility studies
Who should Attend?
This GLOMACS Workshop on Feasibility Studies is designed for a wide range of experienced project or business managers and team leaders. It will greatly benefit the following:
- Operations and Logistics Planners
- Business Development Specialists
- Accounting and Financial Managers
- Human Resource Managers
- Engineering, Scientific and Administrative Specialists
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
Training Outline
DAY 1: Planning a Feasibility Study
- Clarifying the purpose of a Feasibility Study
- Aligning a Feasibility Study with the Business Plan
- Discussion – The Characteristics and Objectives of a Feasibility Study
- Structuring the Process – timings, milestones, evaluation
- Identifying, Assessing and Managing Risk in the Process
- Discussion - A real-life example of a Feasibility Study
DAY 2: Executing a Feasibility Study
- Securing the required resources for the Feasibility Study
- Financial and Non-financial Dimensions of the Activity
- Discussion of Practical Example
- Evaluating the outputs of the Feasibility Study
- Using the Feasibility Study to reach a go/no go decision
- Discussion - Delegates’ Action Plans for Applying the Workshop Learning
Certificates
- On successful completion of this training course, GLOMACS Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor and Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates
Accreditation
GLOMACS is proud to be an Authorized Training Partner (ATP No. 2759) with PMI®. As an ATP, GLOMACS is authorized to issue applicable Professional Development Units (PDUs) and Educational Contact Hours to participants of any of its PMI® approved training courses for PMI® Certification and Re-Certification.
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
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