Economic Feasibility Study for Your New Project
Precise Scientific Steps for Planning a Successful New Project
What you'll learn
- Understand the components of an economic feasibility study and why it matters
- Learn where project ideas come from and the steps to start
- Apply the steps for preparing a feasibility study
- Analyze strengths and weaknesses with SWOT
- Understand the types of financial statements
- Prepare the estimated cash flow statement
- Prepare estimated budgets for the project
- Present the business plan to investors
About this course
This course teaches the economic feasibility study for a new project step by step, so you can tell whether your idea is worth carrying out before you spend money on it. It starts with the goals of the course, where project ideas come from and the steps to start your own business, then covers the components of a feasibility study, why it matters and the steps needed to prepare it. Next you learn SWOT analysis and review the elements of a feasibility study model on a practical project in two parts, followed by the types of financial statements, the estimated cash flow statement to determine funding needs, and preparing estimated budgets, including the Master Budget Process and the Business Monthly Budget. It ends with how to present your business plan and feasibility study to attract investors, with a complete ready-made template to download. The course suits anyone thinking of starting a project, startup owners, accountants and people who prepare business plans. No previous experience is needed, although basic familiarity with financial numbers helps. By the end, you will be able to prepare an organized feasibility study and business plan and present them clearly.
Expected outcomes
- Prepare a comprehensive economic feasibility study for any project.
- Use analytical tools like SWOT to evaluate projects.
- Prepare accurate financial reports to support investment decisions.
- Organize a professional business plan and present it to investors.
Learner reviews
- ★★★★★محمد س.·منذ 2 شهرشاهد 100٪
دراسة الجدوى اهم من الشروع نفسه ويجب تنفيذها بشكل موسع وصياغتها عدة مرات الى ان تصل الى الصيغة التي تسمح لك بالانطلاق
- ★★★★★CHAIBOUB A.·منذ 5 شهرشاهد 100٪
تم عرض كل التقييمات (2)
Course content
1Economic Feasibility Study (Theoretical Section)
5 lectures
- Course Content and Training ObjectivesOutlines the course contents and goals: finding a project idea, preparing an economic feasibility study, building an executive business plan, presenting it to investors, and tracking performance to reach target profit.4:06
- Where Project Ideas Come From and Steps to Start Your Own ProjectExplains where project ideas come from, such as seizing market opportunities or inventing a new product or service, then the importance of a feasibility study and the steps to start a project: idea, business plan, structure, and marketing.11:14
- Components and Elements of Economic Feasibility Study and Its ImportanceExplains the types of feasibility studies: preliminary and detailed, including marketing, technical, financial, and economic studies, and why the study matters to the investor, the project, and society.11:24
- Steps Required to Prepare an Economic Feasibility StudyExplains the steps and principles to follow when preparing a feasibility study: the technical side and fixed asset costs, market characteristics and competitors, and estimating sales, costs, and expected profit.13:15
- SWOT AnalysisExplains SWOT analysis of strengths, weaknesses, opportunities, and threats, internal versus external factors, examples of each, and how to assign relative weights to compare them and support decision making.16:27
2Economic Feasibility Study (Practical Section)
7 lectures
- Review and Explanation of the Project Feasibility Study Model Elements Part OneWalks through the elements of a feasibility study template, from product description and added value, economic impact, and market and competitor analysis, to financial forecasts, the income statement, and cash flow statement.10:50
- Review and Explanation of the Project Feasibility Study Model Elements Part TwoContinues the feasibility study template: staffing in the first months, the technical section and project location, profit margins and the break-even point, risk factors, and capital and funding requirements.16:38
- Types of Financial Statements Used in Economic Feasibility StudyExplains the core financial statements used in feasibility studies: the income statement with cost of goods sold and gross profit, the balance sheet with assets, liabilities, and equity, and how it differs from a forecast budget.12:07
- Estimated Cash Flow Statement to Determine Project Financing NeedsExplains the cash flow statement with its operating, investing, and financing activities, and how the net change in cash leads to the closing balance, used to determine the project's funding needs.11:33
- Preparing Estimated Budgets for the Project Part OneExplains preparing forecast budgets: turning the project plan into numbers, the sales budget and pricing based on cost and competitor prices, and the production budget, cost of goods sold, and gross profit.11:47
- Preparing Estimated Budgets for the Project Part TwoContinues forecast budgets: converting expected sales into quantity and price, the cash budget with its three activity types, comparing actual to estimated figures in Excel, and matching collection and payment timing.14:08
- Summary of Training Topics and How to Present the Business Plan and Feasibility Study to Attract InvestorsRecaps the course topics, from feasibility study types to financial statements and budgeting, and covers the payback period, partnering with friends on a project, and presenting the business plan and feasibility study to investors.13:30
3Comprehensive Practical Example for Creating an Economic Feasibility Study
3 lectures
- Part OneA practical walkthrough of filling in the feasibility study template for a car tire service workshop, covering the product, unique features, added value, economic conditions, demand, marketing, and differentiation from competitors.11:51
- Part TwoApplies the template sections to the workshop project: the management structure and staff count, hiring and opening timeline, the effect of VAT, the business model, SWOT analysis, and assessing ability to execute and funding needs.11:47
- Part ThreeApplies financial forecasts to the tire service center project: estimating costs, current assets, the balance sheet, and multi-year income statements, and calculating net profit ratios to present to investors.19:10
4Appendices
3 attachments
- Download the Comprehensive Model for Economic Feasibility Study
- Master Budget Process
- Business Monthly Budget
Instructor
Ahmed Hamida
This course is part of the diploma
