Module 1: Basic Concepts

• What is a Feasibility Study?
• Why do We Need a Feasibility Study?
• Understanding Basic Concept of Finance
• Time Value of Money
• Understanding and Calculating Discount Rate
• Note on Cost of Equity
• Calculating and Using Weighted Average Cost of Capital
• Understanding Return Metrics
  • NPV
  • IRR
  • ROI
  • Payback Period
  • Limitation of IRR
  • Cap Rate
  • Other Ratios

Module 2: Market Research for Feasibility Studies

• Information Needed for Conducting a Feasibility Study
• Making assumptions Vs. Market Research
• Primary and Secondary Research
• Collecting Data and Analysis

Module 3: Feasibility Study Modeling and Analysis

• Modeling Best Practice and Tips ? designing an efficient layout
• Graphics and Presentation
• Various Business Type and Specific Modeling Issues
• Optimizing Product Mix and Pricing
• Structuring a Cash Flow Model
  • Timing and Frequency Formats ? use of dates or period
  • Modeling Timing of Cash Flow
  • Projecting Income
  • Calculating Operating Expenses
  • Constructing Profit and Loss Statement
  • Modeling Exit Proceeds
  • Constructing Balance Sheet
  • Modeling Delays
  • Project IRR, Project NPV and other Metrics
• Adding Debt
  • Applying Typical Debt
  • Debt Coverage Ratio and Sizing the Loan
  • Modeling Financing Cash Flow ? debt drawdown, repayment pattern, interest rates, and debt service.
  • Calculating Geared IRR, NPV and other Metrics
  • Optimizing Capital Structure
• Other Financing Methods
  • Use of Third Party Equity (Private Equity)
  • Structuring a Joint Venture
  • Preferences and Priority of Distribution
• Understanding Risk
  • What are the Risks and How to Quantify Them?
  • Developing Sensitivity Analysis

Module 4: Real Estate Feasibility Study

• Cost and Income Projections
• Importance of P&L Statement
• Financing Real Estate Projects
• Feasibility Study for Mixed Use Development

Module 5: Hotel and Other Leisure Properties Feasibility Study

• Understanding the Business Model
• Basic Concepts – ADR and RevPar
• Constructing P&L for Hotel Ventures
• Hotel Feasibility Study
• Other Leisure Properties

Module 6: Restaurants Feasibility Study

• Market Research for Occupancy and Average Check Size
• Estimating Various Cost – Equipment and Furniture Costs
• Constructing P&L Statement
• Restaurant Feasibility Study

Module 7: Cinema Feasibility Study

• Understanding the Cinema Business Model
• Market Research for Ticket Pricing and Occupancy
• Estimating Various Costs
• Projecting P&L for Cinema Venture
• Cinema Feasibility Study

Module 8: Feasibility Study for Other Business Ventures

• Understanding the Business Model
• Market Research and Product Pricing
• Estimating Various Costs
• Feasibility Study for Online Ventures

Module 9: Real Life Feasibility Study Examples

• Hilton Hotel and Convention Center Feasibility Study, Fort Lauderdale, Florida
• Budget Hotels in Europe Feasibility Study
• University Workforce Housing Feasibility Study, Washington University
• Quick-Service Restaurant Feasibility Study, China
• Special Economic Zones Feasibility Study, Cambodia
• Export Processing Zone Feasibility Study, Vanuatu
• Balti Industrial Park Feasibility Study, Moldova
• City Center Development Feasibility Study, Nevada, US
• Urban Renewal Feasibility Study, Oregon, US
• Commuter Rail Study Feasibility Study, Washington, US
• High Speed Railway Feasibility Study, Norway
• Public mass transit service Feasibility Study, Virginia, US
• Rochester Rail Link Feasibility Study, Minnesota, US