Economic Feasibility Analysis In Projects

This DIXONTECH training course enables professionals to master the principles and applications of economic feasibility analysis in project evaluation and development. Participants will learn to assess the viability of investment projects by analyzing economic, financial, and risk factors. The program covers the tools required for cost-benefit analysis, demand forecasting, and economic modeling, providing participants with decision-making capabilities to ensure sustainable and profitable project outcomes.

TRAINING TOPICS

• Introduction to Economic Feasibility and Project Appraisal
• Cost-Benefit and Cost-Effectiveness Analysis
• Financial vs. Economic Feasibility Assessment
• Identifying and Measuring Project Costs and Benefits
• Demand, Market, and Supply Analysis
• Risk Assessment and Sensitivity Analysis
• Discounted Cash Flow (DCF) and Investment Criteria
• Economic Modelling and Scenario Planning
• Public-Private Partnership (PPP) Project Evaluation
• Case Studies on Economic Feasibility in Various Sectors

BY THE END OF THIS TRAINING COURSE, DELEGATES WILL BE ABLE TO:

• Conduct full feasibility assessments of projects
• Build and interpret economic models accurately
• Identify and quantify project costs and benefits
• Analyze risk and perform sensitivity simulations
• Apply NPV, IRR, and cost-benefit metrics
• Prepare professional feasibility reports for decision-makers
• Support evidence-based project investment decisions

TRAINING IS TAILORED TO:

• Project managers and planners
• Financial and economic analysts
• Investment and business consultants
• Engineers involved in feasibility studies
• Government and public sector officers
• Private investors and development professionals

TRAINING METHODOLOGY

This course uses interactive presentations, case studies, and practical modeling exercises. Participants engage in Excel-based economic feasibility templates, real-world project evaluations, and group discussions to strengthen their analytical and decision-making skills. The methodology promotes practical application of economic models and real investment evaluation techniques.

DAY 1

Introduction to Economic Feasibility and Project Appraisal

• Define economic feasibility and its purpose in projects
• Differentiate between financial and economic feasibility
• Identify project life cycle stages and feasibility points
• Review global approaches to feasibility assessment
• Evaluate key economic indicators for project success
• Discuss examples of successful and failed feasibility studies

DAY 2

Market and Demand Analysis in Feasibility Studies

• Identify market needs and project demand drivers
• Analyze demographic and economic trends
• Assess market competition and potential market share
• Develop demand forecasting techniques
• Conduct supply-side and capacity analysis
• Apply real market case studies for feasibility modeling

DAY 3

Cost-Benefit Analysis and Economic Evaluation Techniques

• Identify and classify direct, indirect, and intangible costs
• Quantify project benefits and outcomes
• Apply Net Present Value (NPV) and Internal Rate of Return (IRR)
• Calculate Benefit-Cost Ratios and Payback Period
• Integrate shadow pricing and externalities in evaluation
• Develop Excel-based cost-benefit models

DAY 4

Risk Analysis, Sensitivity Testing, and Scenario Planning

• Identify and assess sources of project risk
• Conduct sensitivity and break-even analyses
• Apply Monte Carlo simulation and scenario techniques
• Evaluate macroeconomic and political risks
• Use probabilistic models to support decisions
• Case study: Feasibility risk analysis for infrastructure projects

DAY 5

Comprehensive Feasibility Reporting and Decision-Making

• Compile a complete feasibility study report
• Summarize economic, financial, and risk analyses
• Present results using dashboards and visuals
• Align recommendations with strategic project objectives
• Evaluate PPP and public investment projects
• Develop professional reporting templates for stakeholders