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.

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.

The Law and Business of International Project Finance

The Law and Business of International Project Finance
Author: Scott L. Hoffman
Publisher: Cambridge University Press
Total Pages: 7
Release: 2007-10-22
Genre: Law
ISBN: 1139468855

This 2007 third edition continues to be a comprehensive and authoritative guide to the business, practice, law, and practical use of project finance. It covers the complete project finance structure, from conception to negotiation to debt closing, and from project difficulties to successful restructuring. The book continues to be accessible to those with little experience in project finance, while maintaining the insight and detail of previous editions that has made it a valuable reference for the experienced lawyer, manager, banker, contractor, and government official. This edition focuses on a real-world, practical approach to project finance, without the overuse of case studies and economic theory. Yet the contract forms, detailed glossary, index, and project finance bibliography make it a complete text.

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.

Preliminary Feasibility for Public Research & Development Projects

Preliminary Feasibility for Public Research & Development Projects
Author: Donghun Yoon
Publisher: Emerald Group Publishing
Total Pages: 101
Release: 2021-04-27
Genre: Business & Economics
ISBN: 1801172684

Preliminary Feasibility for Public Research & Development Projects explains how to evaluate R&D business by exploring the five key features of policy implication, policy improvement, preliminary feasibility study, R&D evaluation, and R&D strategy and will help develop strategic measures for R&D preliminary feasibility studies.

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 for Hotels

Feasibility Studies for Hotels
Author: Wolfgang Fercher
Publisher: diplom.de
Total Pages: 127
Release: 2006-10-16
Genre: Travel
ISBN: 3832499148

Inhaltsangabe:Abstract: The intensity of competition in the tourism business, especially in the hotel industry has continuously grown during the last years. This development leads to the situation that capital investments in the hospitality industry are connected with ever increasing risks. In order to minimize these risk potentials, a detailed evaluation of the competitiveness and market compatibility of a planned project is an essential part of any project development process. Those analyses are covered in the course of a feasibility study which encloses all aspects that influence the success of a hotel project. In this context, a feasibility study serves as an information tool for project developers, investors, tenants, hotel operators and financiers in order to make decisions with regard to a specific hotel project. The preparation of a feasibility study requires the combination of a multitude of aspects, hence input from all participants in the project development process. Getting hold of information and the appropriate usage of this information is crucial in order to ensure the success of a study. The main objective of this diploma thesis is to identify the most important and current issues in feasibility evaluation of hotel projects. In practice, many studies are prepared following a fixed model, which has not been changed for years. However, the hospitality industry is highly competitive and dynamic, new additions to the existing supply therefore need to be analyzed very carefully. The focus of this diploma thesis is specifically put on the hospitality industry. This means that feasibility evaluation for other types of project development in the tourist industry is not subject to this study. The aim of the thesis is on the one hand to point out aspects that have to be taken into consideration in any study, and to give suggestions for improvements on the other hand. The author has laid down the following four hypotheses that serve as the main source for the research questions. - Hypothesis 1: The sensitivity analysis is the most important component of a feasibility study. - Hypothesis 2: A feasibility study is the most important decision making factor for the investor in a hotel project. - Hypothesis 3: If the results of a feasibility study seem to turn out negative, then the operative concept of the project is changed. - Hypothesis 4: The level of the construction cost is the factor that is most difficult to estimate and is therefore [...]

Feasibility Study and Business Plan

Feasibility Study and Business Plan
Author: Max Beerbohm
Publisher:
Total Pages: 124
Release: 2019-12-13
Genre:
ISBN: 9781675104132

Feasibility study and business planLearn How to Present a Completed Feasibility StudyA feasibility study is a thoroughly researched analysis of a plan or method. The purpose of a feasibility study is to determine and then communicate whether an action being considered is practical for a business or project.These studies usually contain detailed information about the financial structure for the plan and an analysis of the market with regards to the proposal (if needed).It also contains the suggested logistics for delivering a product or service, the resources you'll need, the personnel support and the organizational structure required. Presenting your feasibility study is just as important as the work you put into it.How to Assemble Your Feasibility StudyHow you present your final study is just as important as the information it contains. If you have a lot of material, organize it into a portfolio or binder. Finding information easily and quickly is important to executives, managers, lenders, and investors, so include tabs (type them if at all possible) to indicate each component in your study.Cover letters should not be generic but should be individualized depending upon with whom you are submitting the study. Before you submit your study, have someone else proofread it for you to check for content and errors.Typographical errors will make your study appear rushed or unprofessional, and if your descriptions and calculations do not make sense to the reader the action will be ruled unfeasible as presented.Although you write your conclusion last, it serves as a summary of the details in your study. You can place it at the end of your document (before any exhibits and attachments), but placing it after the table of contents sets the tone and highlights key issues for the reader to be aware of before they read the rest of the study.

Feasibility Study

Feasibility Study
Author: Jackson G. Majura
Publisher: Xlibris Corporation
Total Pages: 482
Release: 2019-04-25
Genre: Business & Economics
ISBN: 1543490107

Jackson G. Majura graduated with a BSc (Hons) degree in mechanical engineering from the University of Dar es Salaam in the beginning of 1980. Since then, he has worked in various senior positions in the transport, wood processing, cement, and soda ash industries in Tanzania, South Africa, and Botswana. He is a professionally registered engineer with the Engineers Registration Board (ERB), Tanzania. As part of his Executive Development Program, he has gone through a wide range of comprehensive honing programs in project analysis and management, finance, marketing, and strategic management, at home and abroad. During his career, he has worked extensively in projects, engineering maintenance, and plant management. He has successfully initiated and steered several greenfield projects, from feasibility study to final implementation and handing over. After taking an early retirement at the end of 2011, he cofounded JSC Global Services Co. Ltd. One of its core businesses is the preparation of feasibility studies for small to medium enterprises (SME) projects for entrepreneurs. The company has completed several bankable feasibility studies for SMEs in agro-processing, municipal waste-to-energy, building materials, dairy and fish farming, waste plastic recycling, bottled water, and many more. A comprehensive list can be found at the company’s website: [email protected].