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.

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.

Economic Feasibility of Projects

Economic Feasibility of Projects
Author: Siu-lam Tang
Publisher: Chinese University Press
Total Pages: 188
Release: 2003
Genre: Business & Economics
ISBN: 9789629961152

This is a textbook for engineering and management/business undergraduates and postgraduate students and a reference for practicing engineers or managers who are familiar with their projects but less familiar with financial/economic analysis methods. The book is divided into two parts. Part 1 covers all the basic concepts and theories and provides the readers with a good understanding of the financial and economic analysis on the feasibility of projects. Plenty of examples are used to illustrate the theories, arguments and calculations. Part 2 consists of case studies on both financial and economic feasibility studies. Readers should be able to conduct their own financial and economic analyses by following the procedures and methodo-logy of the examples given.In this new edition, the chapters have been revised and expanded with the latest theories and data added, especially the most up-dated information on the development of the theories of internal rate of return and net present worth.

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.

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.

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 MANAGEMENT AND CONTROL

PROJECT MANAGEMENT AND CONTROL
Author: SUBHASH CHANDRA DAS
Publisher: PHI Learning Pvt. Ltd.
Total Pages: 379
Release: 2011-11-03
Genre: Business & Economics
ISBN: 8120344502

This comprehensive book gives a conceptual, analytical and evaluative study of the principles and practices of Project Management and Control systems in a student-friendly manner. The book provides an overview of project management, and gives a detailed analysis of project life cycle and its different phases, identification of project opportunities, and sources of project ideas. It describes in detail various considerations and priorities in setting up projects at macro and micro levels, project appraisal, and various types of organisation structures. Besides, the book also explains the different ways and means of financing projects, the sources of finance nationally and internationally, the need for estimation of project cost, and different aspects of post-project review. Finally, the book dwells on computer aided project management to demonstrate how the computer can help the management in handling all project activities efficiently. Primarily intended as a text for the postgraduate students of commerce and management, the book can also be authoritatively used by the researchers, project managers, consultants, and corporate policy and decision makers. KEY FEATURES : Describes various aspects of contract management in great detail with live examples. Explains the risks encountered by MNCs in an international project and the remedies available to handle these risks effectively. Contains a Glossary to explain the core concepts. Provides a large number of graphs, charts, tables, illustrative examples and appendices to help readers in analytical understanding of the subject.