COURSE OVERVIEW:

The transition from a technical concept to a viable commercial project requires a rigorous evaluation of technical feasibility and economic return. This course provides a hands-on workshop environment for mastering the tools and techniques used to justify capital investments. It focuses on the integration of engineering design with financial analysis, ensuring that project proposals are not only technically sound but also financially attractive to investors and stakeholders.

The scope of this training encompasses the entire feasibility study process, from initial market assessment and technical scoping to the calculation of net present value (NPV) and internal rate of return (IRR). Participants will learn how to build robust economic models that account for "Time Value of Money," inflation, and taxation. The course addresses the complexities of "Engineering Economics," providing practical methods for comparing alternative technical designs and selecting the most cost-effective solutions over the asset’s lifecycle.

Coverage includes the analysis of project risks, the management of capital (CAPEX) and operational (OPEX) estimates, and the implementation of sensitivity analysis. Attendees will explore the "Decision-Making" process under uncertainty and learn how to present a compelling business case to executive boards. By mastering these feasibility and economic skills, professionals will be able to guide their organizations toward high-value investments and avoid the pitfalls of unviable projects.

COURSE OBJECTIVES:

After completion of this course, the participants will be able to:

• Conduct comprehensive multi-disciplinary feasibility studies.
• Apply core principles of engineering economics to project choices.
• Calculate and interpret NPV, IRR, Payback, and ROI.
• Develop accurate CAPEX and OPEX estimates for proposals.
• Perform "Life-Cycle Cost Analysis" (LCCA) for technical assets.
• Utilize sensitivity and "What-If" analysis to manage uncertainty.
• Analyze market demand and competitive landscapes for projects.
• Evaluate technical alternatives using objective economic criteria.
• Structure a professional business case and feasibility report.
• Incorporate tax, depreciation, and inflation into financial models.
• Assess the social and environmental impacts of project proposals.
• Present project findings effectively to senior management and boards.

TARGET AUDIENCE:

This course is intended for Project Engineers, Commercial Analysts, Planning Managers, Business Development Staff, and Technical Consultants involved in project appraisal.

TRAINING COURSE METHODOLOGY:

A highly interactive combination of lectures, discussion sessions, and case studies will be employed to maximize the transfer of information, knowledge, and experience. The course will be intensive, practical, and highly interactive. The sessions will start by raising the most relevant questions and motivating everybody to find the right answers. The attendants will also be encouraged to raise more of their questions and to share in developing the right answers using their analysis and experience. There will also be some indoor experiential activities to enhance the learning experience. Course material will be provided in PowerPoint, with necessary animations, learning videos, and general discussions.

The course participants shall be evaluated before, during, and at the end of the course.

COURSE CERTIFICATE:

National Consultant Centre for Training LLC (NCC) will issue an Attendance Certificate to all participants completing a minimum of 80% of the total attendance time requirement.