FEASIBILITY STUDY AND BUSINESS PLAN

Premise

Projects are the cutting edge of development. Perhaps the most difficult single problem confronting administrators in developing countries is implementing development programmes. Much of this can be traced to poor feasibility study preparation. This has made it imperative that before starting any project, one should be certain that there is good probability that it will be successful. Aptly, this can be achieved by taking the relevant steps to find out whether the project is appropriately timed, feasible, and worthwhile before going ahead with it.

Similarly, without a carefully prepared and implemented business plan, there will be no “roadmap” on how the proposed project would be created and developed. In effect, committing idea to reality becomes an illusion. This training on feasibility study and business plan will be beneficial to the participants, as it will guide them on how to do feasibility studies . It will also guide them on what is needed to take the proposal from “idea” to “reality”. This is to ensure good business practice.

 

Key Learning Objectives.

At the end of this training participants will be able to:

  • Describe the main components of feasibility study and business plan
  • Prepare project costs and benefits for any project
  • Carry out financial analysis of any project
  • Perform economic analysis of any project
  • Prepare project feasibility reports and business plan
  • Implement a business plan

 

Target Participants:

  • Project Managers

 

Course Content:

  • Nature of a feasibility study and Business Plan
  • Main Components of a Feasibility Study
  • Components of a Business Plan
  • Identifying Project costs and benefits
  • Financial aspects of feasibility study and Business Plan
  • Measures of project worth
  • Guidelines for project preparation reports
  • Institutional assistance for project preparation
  • Management and organization of projects

 

Course Duration: 2 Days

CREM Nigeria

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