Feasibility Studies and Important Aspect of Project Management

Feasibility Studies and Important Aspect of Project Management
Author: M. Mukherjee
Publisher:
Total Pages: 3
Release: 2017
Genre:
ISBN:

In this paper we want to describe stepwise, different studies are essential for design and layout of plants. In this paper we also described different benefit conducting the feasibility studies. The survey is also extended more detailed regarding different considerations. Here we also discussed different test parameters. We also try to measures different impact on the organizational characteristics; fulfill user requirements. Five essential areas of project feasibility are also discussed here. Benefits of conducting feasibility study and different aspects consider here for discussion.

The Importance of Project Feasibility Study

The Importance of Project Feasibility Study
Author: Temba Munsaka
Publisher: GRIN Verlag
Total Pages: 17
Release: 2013-11-06
Genre: Business & Economics
ISBN: 3656534977

Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, ( Atlantic International University ), language: English, abstract: A feasibility study occupies a place of importance in contemporary project management. Decisions on whether to go ahead with a project and whether the intended beneficiaries will benefit from a project are informed by findings that emanate from a feasibility study. A feasibility study also helps project managers to determine whether a project is viable and select the best alternative from an array of alternatives that can address the identified problem. The feasibility study is one of the critical activities that are done at the first stage, the conceptualization phase of the project cycle. Therefore the feasibility study must be done meticulously so it generates appropriate and relevant information that will help project managers and stakeholders to make informed decisions on a given project. It must also be borne in mind that failure by the feasibility study to generate appropriate and relevant information may result in project managers making costly decisions that may impair the original intention or purpose of a project. This paper thus examines the importance of a feasibility study in project management.

The Importance of Project Feasibility Study

The Importance of Project Feasibility Study
Author: Temba Munsaka
Publisher:
Total Pages: 20
Release: 2013-11
Genre:
ISBN: 9783656535331

Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, Atlantic International University, language: English, abstract: A feasibility study occupies a place of importance in contemporary project management. Decisions on whether to go ahead with a project and whether the intended beneficiaries will benefit from a project are informed by findings that emanate from a feasibility study. A feasibility study also helps project managers to determine whether a project is viable and select the best alternative from an array of alternatives that can address the identified problem. The feasibility study is one of the critical activities that are done at the first stage, the conceptualization phase of the project cycle. Therefore the feasibility study must be done meticulously so it generates appropriate and relevant information that will help project managers and stakeholders to make informed decisions on a given project. It must also be borne in mind that failure by the feasibility study to generate appropriate and relevant information may result in project managers making costly decisions that may impair the original intention or purpose of a project. This paper thus examines the importance of a feasibility study in project management.

ESSENTIALS OF PROJECT MANAGEMENT

ESSENTIALS OF PROJECT MANAGEMENT
Author: KAMARAJU RAMAKRISHNA
Publisher: PHI Learning Pvt. Ltd.
Total Pages: 320
Release: 2010-05-24
Genre: Business & Economics
ISBN: 812033969X

This comprehensive and well-organized book introduces the essential concepts and principles of project management. Divided into six parts—Part I, Introduction; Part II, Idea Generation and Initiation; Part III, Project Planning; Part IV, Project Implementation; Part V, Project Closeout; and Part VI, Special Topics, the book gives an indepth analysis of the various aspects of project management. The book clearly explains Work Breakdown Structure (WBS), Net Present Value (NPV), Earned Value Analysis (EVA), Total Quality Management (TQM), and Global Warming—from the viewpoint of beginners. In addition, the text deals with special topics such as Public Sector Projects, Engineering Projects, Maintenance Projects, Software Projects, and International Projects besides risk and quality of projects. The final chapter is devoted to a discussion on Project Management Software. Key Features : • The text is illustrated with large number of figures, as well as tables and worked-out numerical examples. These will help the students in understanding the basic concepts. • Questions are provided at the end of each part for a better grasp of the topics discussed. • The effect of project management on safety, health and environment has also been analyzed. Primarily intended as a text for the students of management, the book will also prove very useful for the students of mechanical and civil engineering. In addition, practising professionals would find the book quite valuable.

Project Feasibility

Project Feasibility
Author: Olivier Mesly
Publisher: CRC Press
Total Pages: 591
Release: 2017-06-01
Genre: Business & Economics
ISBN: 1315295245

This book presents a set of tools that will aid in deciding whether a project should go ahead, be improved, or abandoned altogether by pinpointing its vulnerabilities. It offers a review of project feasibility analysis, and more critically, psychodynamic aspects that are often neglected, including how stakeholders interact. It provides a complement to the common techniques used for analyzing technical, financial, and marketing feasibility. The goal is to identify "hidden truths" and eliminate those gray areas that jeopardize the success of a given project. The focus is on uncovering points of vulnerabilities in four key aspects of a project: People, Power, Processes, and Plan.

Feasibility Studies in Construction Projects

Feasibility Studies in Construction Projects
Author: Michael Kulwin
Publisher: Informa Law from Routledge
Total Pages: 0
Release: 2017-09
Genre:
ISBN: 9780415715263

Feasibility Studies in Construction Projects covers all aspects of feasibility study analysis including assumptions, the preparation of a feasibility study for submission, and the necessary elements to consider regarding the project cycle. The book also provides templates for use in preparing a feasibility study report. The book offers the reader a step by step guide on how to prepare a feasibility study for a large infrastructure project, showing how problems can be presented in a way which does not prejudice the ultimate outcome of the project. It shows the reader how to identify the weaknesses of a project and make improvements, set assumptions, anticipate and prepare for various eventualities. It further shows how to test the sensitivity of the development as to changes in the original assumptions and business environment, convince prospective investors, venture capitalists, banks, management, stockholders, and government agencies of the relative value or prospects for success of the project. Finally the book explains the vital parts of a project development process and show how the pieces are assembled so they perform together to create a technical and economically feasible concept, thus evaluating the project's potential for success. Offering the reader a step by step guide on how to prepare a feasibility study for a large infrastructure project, this book will be of great interest to engineers, architects, lenders, solicitors, construction project managers, lead developers, investors, governmental planning agencies, stakeholders, and construction bond underwriters as well as construction students.

A Practical Guide to Writing a Feasibility Study

A Practical Guide to Writing a Feasibility Study
Author: NDALAHWA MUSA MASANJA
Publisher: NMM PRINTERS
Total Pages: 33
Release: 2020-05-01
Genre: Business & Economics
ISBN:

Given the significance of a feasibility study in decision making and implementation of the project, many people especially potential investors, financiers or even management lack the practical knowledge of feasibility study. In this regard, it becomes difficult to write a feasibility study which will provide a road map for a particular project. Based on this notion, this book sets to address those practical challenges in preparing a feasibility study. The purpose of the book is to provide practical guide to write a feasibility study to determine the viability of a specific project. Specifically, this will book will provide the description of every important section in a feasibility study with vivid illustration.

Project Planning & Management - Aspects of Development

Project Planning & Management - Aspects of Development
Author: Akampurira Abraham
Publisher: GRIN Verlag
Total Pages: 97
Release: 2013-03-18
Genre: Business & Economics
ISBN: 3656392757

Doctoral Thesis / Dissertation from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: B, ( Atlantic International University ) (BUSINESS MANAGEMENT AND ECONOMICS), course: REGIONAL DEVELOPMENT. - Development Studies, language: English, abstract: A project comprise a series of activities (investments) that aim at solving problems within a given time frame with a clear set of objectives for man’s benefit. It is an undertaking that involves the commitment of scarce resources in the expectation of future benefits. According to Heagney (2012: 2), a project should have a definite starting and end point (time), a budget (cost), or a certain magnitude of work and specific performance. Before achieving the objectives, a project goes through several stages of a project cycle. The Project life Cycle refers to a logical sequence of activities to accomplish the project’s goals or objectives. Regardless of scope or complexity, any project goes through a series of stages during its life. The first stage is the birth phase or Identification. In this stage the outputs and critical success factors are defined. This is followed by a Planning phase, characterized by breaking down the project into smaller parts/tasks. In the Execution phase, the project plan is executed, and lastly a Closure or Exit phase, marks the completion of the project. The project cycle has seven stages, each stage links with the preceding one and leads forward to the next one. These include Identification, Preparation, Appraisal, Implementation, Monitoring and Evaluation and winding up.[...]

HBR Guide to Project Management (HBR Guide Series)

HBR Guide to Project Management (HBR Guide Series)
Author: Harvard Business Review
Publisher: Harvard Business Press
Total Pages: 194
Release: 2013-01-08
Genre: Business & Economics
ISBN: 1422187314

MEET YOUR GOALS—ON TIME AND ON BUDGET. How do you rein in the scope of your project when you’ve got a group of demanding stakeholders breathing down your neck? And map out a schedule everyone can stick to? And motivate team members who have competing demands on their time and attention? Whether you’re managing your first project or just tired of improvising, this guide will give you the tools and confidence you need to define smart goals, meet them, and capture lessons learned so future projects go even more smoothly. The HBR Guide to Project Management will help you: Build a strong, focused team Break major objectives into manageable tasks Create a schedule that keeps all the moving parts under control Monitor progress toward your goals Manage stakeholders’ expectations Wrap up your project and gauge its success

Project Management in Construction

Project Management in Construction
Author: Mr Dennis Lock
Publisher: Gower Publishing, Ltd.
Total Pages: 216
Release: 2012-09-28
Genre: Business & Economics
ISBN: 1409457893

The one thing that all well-run, profitable construction projects have in common is that they benefit from good project managers. People who have the skills to plan the project, manage it and keep it on track whenever tight timescales, costs, people or other difficulties threaten to derail it. The good news is that there is no secret art to project management. These are the skills that any manager can learn and use. Project Management in Construction is a practical, easy-to-read guide to defining, organizing, planning, and executing a construction project so that it is completed to the satisfaction of the principal stakeholders. The book is part of the Leading Construction Series co-published by Gower and CITB-ConstructionSkills. The Leading Construction Series is part of a CITB-ConstructionSkills initiative to develop management skills within the industry. The books in this series are designed to be essentially practical, with a firm grounding in the construction industry.