The College of Administration and Economics, through the Scientific Affairs Unit in collaboration with the Department of Business Administration, organized a workshop titled “Preparing Financial Feasibility Studies for Proposed Projects,” presented by Dr. Iyad Taher Mohamed. The workshop included several sections, such as the concept and importance of financial feasibility studies, financial methods for project evaluation, and the steps for preparing financial feasibility studies for small projects.
The speaker studies for small projects and emphasized that financial feasibility studies involve the process of calculating, analyzing, and evaluating the financial aspects of proposed projects. The event aimed to analyze investment, calculate the required net investment, assess and compute the financing costs for proposed projects, and analyze and calculate the project’s internal cash flows over its entire production lifespan. It also focused on evaluating proposed projects using various assessment methods and making decisions regarding whether to proceed with the proposed projects.
The workshop concluded with several findings, including that financial feasibility studies are a crucial step for any project before implementation. These studies rely on the results of administrative, legal, marketing, and technical feasibility studies. They involve preparing cash flow projections for the proposed projects, which are central to project evaluation. Financial feasibility studies help determine the financial structure of projects, including sources of funding such as loans or equity, each with its own costs and risks. The financial feasibility study for proposed projects is based on preparing projected financial statements for the projects.