The Certified Feasibility Study Professional (CFSP) certification is a prestigious credential tailored for professionals engaged in business planning, investment evaluation, project development, and strategic decision-making. As organizations increasingly prioritize data-driven insights and prudent financial planning before launching new initiatives, the ability to conduct well-structured feasibility studies has become essential. The CFSP program is designed to provide participants with the theoretical knowledge, analytical tools, and practical techniques required to assess the viability of projects across a wide range of industries and sectors. Whether assessing the economic sustainability of a start-up venture, evaluating a public infrastructure project, or conducting due diligence for mergers and acquisitions, this program lays a strong foundation for sound decision-making.

Feasibility studies play a critical role in minimizing risk and maximizing potential success by evaluating key elements such as market demand, financial projections, operational logistics, legal compliance, and environmental impact. The CFSP program equips professionals with a comprehensive understanding of the feasibility study process, from initial idea screening to final reporting. Participants will explore the integration of financial modeling, risk analysis, market research, regulatory assessment, and stakeholder engagement, ensuring that they are prepared to lead or contribute meaningfully to feasibility assessment teams in any organizational setting. The program further emphasizes the importance of ethical judgment, strategic alignment, and the practical implementation of study findings in real-world scenarios.

Certification Program Objectives:

Upon completing the Certified Feasibility Study Professional (CFSP) program, participants will be able to:

• Understand the Feasibility Study Framework: Grasp the structure, purpose, and components of feasibility studies, including technical, financial, legal, operational, and market dimensions.
• Conduct Comprehensive Market Research: Learn how to gather and interpret qualitative and quantitative market data to evaluate demand, competition, and growth potential.
• Develop Financial and Economic Models: Gain the ability to build robust financial models, perform cost-benefit analysis, and assess investment viability using established financial metrics.
• Assess Operational and Legal Viability: Understand the operational feasibility of a project and its compliance with legal and regulatory frameworks, including permits, licenses, and risk considerations.
• Interpret Risk and Sensitivity Analysis: Evaluate project risk exposure through scenario planning, sensitivity testing, and qualitative risk frameworks to inform project go/no-go decisions.
• Prepare and Present Professional Reports: Learn how to compile feasibility findings into structured, actionable reports that support strategic decision-making and communicate value to stakeholders.

Certification Eligibility Criteria:

To apply for certification from The American Institute of Business and Management (AIBM) and its allied institutions, candidates must meet at least one of the following criteria:

• A Bachelor’s degree from a recognized institution

And/or

• 2 to 5 years of relevant work experience in the related professional field.

Note: Applicants who do not hold a Bachelor’s degree but possess exceptional professional experience and hold significant positions within their organizations in a relevant field may also be considered for certification on a case-by-case basis, subject to the approval of the AIBM evaluation committee.

Certifying Examination:

• To be certified as CFSP, student should take up a 1.5 hours online exam conducted by AIBM.
• The qualifying exam would consist of 50 multiple choice questions, testing core certification modules.
• Professionals with relevant experience and other qualifying criteria may be exempted from the examination.

Certification Modules:

• Module 1: Introduction to Feasibility Studies and Project Evaluation
• Module 2: Market Analysis and Strategic Positioning
• Module 3: Financial Modeling and Cost-Benefit Analysis
• Module 4: Legal, Environmental, and Operational Feasibility
• Module 5: Risk Assessment and Sensitivity Analysis
• Module 6: Report Writing, Stakeholder Engagement, and Decision Support

* The modules of the certification are constantly updated and are subject to change.

Who Should Do This Certification:

The Certified Feasibility Study Professional (CFSP) certification is ideal for a diverse group of professionals who are involved in evaluating, planning, or advising on project viability. This includes individuals who play a role in project development, investment assessment, strategic planning, or financial analysis. The certification is especially suited for:

• Project Managers and Planners: Professionals who lead or coordinate projects and need to assess viability before project initiation will gain structured tools to perform pre-project evaluations effectively.
• Financial Analysts and Investment Advisors: Individuals responsible for evaluating the profitability and risk of investment proposals will benefit from in-depth exposure to financial modeling, return metrics, and scenario analysis.
• Business Development Executives: Professionals exploring new product lines, services, or market expansions will acquire the skills to validate ideas before committing resources.
• Entrepreneurs and Start-up Founders: Founders planning to launch a business or scale operations can use feasibility studies to minimize risk, secure investor support, and align business models with market realities.
• Urban Planners and Public Sector Officials: Government and development professionals involved in infrastructure projects, policy planning, or community initiatives will learn to integrate feasibility thinking into sustainable development efforts.
• Management Consultants and Strategic Advisors: Consultants who provide guidance to businesses and institutions will enhance their ability to deliver high-quality feasibility reports that support strategic decision-making.
• Engineers, Architects, and Technical Consultants: Professionals involved in designing or implementing large-scale infrastructure or construction projects will benefit from understanding how their designs fit into the broader financial and operational feasibility context.

The CFSP certification is designed for professionals who seek to bring precision, strategy, and accountability to the planning process—helping stakeholders make informed, evidence-based decisions that lead to successful project outcomes and long-term value creation.