Premium Essay

Feasibility Study Guideline

In:

Submitted By salut
Words 4935
Pages 20
4T12 Project FEASIBILITY STUDY GUIDELINE

This guideline is to be used in preparing a feasibility study for major projects. This is different to the work carried out in the Infrastructure Planning examined in Module 2 because we are now concerned with the details of a particular project as opposed to the overall planning of a whole multi-year infrastructure programme.

The term “feasibility study” is used as a convenient description for the output for the work done, users of this toolkit should not apply preconceived notions of what a feasibility study consists of. Stated as simply as possible, the work done here must show that the project: ➢ is in accordance with predetermined needs; ➢ is the most suitable technical solution to the needs; ➢ can be implemented within any capacity constraints of the Institution which operates; ➢ has been subject to a due diligence that shows it is legally, physically and socially compliant; ➢ is fully costed over the whole life of the project; ➢ has taken due cognisance of the risks associated with its whole life cycle; and ➢ is affordable to the institution responsible for the project in the context of the available budget;

The feasibility study guideline set out below is for a comprehensive document that, in many instances simply uses information already collected and set out as part of the steps carried out by the Institution. That said it is necessary to create a study that creates a holistic justification for the project and serves as a living document against which project deliverables are measured during procurement and even after implementation of the project.

A feasibility study needs to be authentic and thorough. It is the basis for government making an important investment decision, not just a bureaucratic requirement. Regardless of the term and scale of a project, there is a

Similar Documents

Premium Essay

Cp Proj

...Comprehensive Project for MBA Sem III & IV 1 How many students can undertake CP in a Group? Ans There should be a group of two students only for one project report. However, considering the significance of the research topic or indispensability of the institute, in exceptional case the institute may allow one student or a group of three students for one project. 2 Is it mandatory to be associated / work with any organization / company for CP? Ans Since the Comprehensive Project is a part of Research, it can be a part of any specific organisation / company / Industry. But it is not necessary to work in the company/organisation. But, the student is excepted to visit the company/organisation for data collection purpose. 3 As per the guidelines mentioned in the MBA Syllabus, is it mandatory to identify the problem of the company / industry and try to solve it as a part of CP like in engineering courses? Ans In MBA course, problems identification is not mandatory. But the students have to find out the general / specific problems of company / organisation / industry and give practical suggestions to overcome these problems. 4 Whether obtaining the Formal Certificate from the Industry to attach with the CP is necessary? Ans NO. It is not mandatory for CP however, it is mandatory for SIP. 5 Upto what level or part of the CP work they are supposed to complete within Sem- III? Ans The students have to select topic, industry/company/ organisation and submit research proposal...

Words: 2037 - Pages: 9

Premium Essay

Sdlc Value Paper

...creating a SDLC there are phases that should be used and there is a process in which this should be done. Although, not every organization will use the same steps but they all agree on the elements that are being done in the phases that are taking place. In phase one of the SDLC this would be the planning strategic approach there are managers and stakeholders if any that “will evaluate the effectiveness of the systems in terms of meeting the entity’s mission as well as the objectives” (Singleton, 2007) of the organization. There are general guidelines as well as system budgeting that will have to be done as well as management and stakeholders will develop a long term plan for the system that will be in strategic nature. In the phase one there will several documents that will be generated which will include a “long-term plan, policies for the selection of IT projects, long-term and short-term budgeting plans, as well as feasibility of studies and project authorizations” (Singleton, 2007). This then will project proposals that then should be submitted to management and stakeholders about the project schedule as well the approved projects. Phase two of the SDLC is the system analysis phase which the “IT professionals will gather the required information as well as facts and samples” (Singleton, 2007) that will be used in the IT project which is primarily that of the end users. Then a system analysis will then process the requirements that will produce documents that will summarize...

Words: 1158 - Pages: 5

Premium Essay

Table of Contents

...vi List of Tables Table 1 Benchmark 18 Table 2 Versus Table 35 Table 3 Operational Yearly Expenses (Existing System) 39 Table 4 Operational Expenses for Proposed System 40 (Alternative 1 : Client/Server) Table 5 Operational Expenses for Proposed System 41 (Alternative 1 : Peer-to-Peer) Table 6 System’s Hardware (Alternative 1 : Client/Server) 42 Table 7 System’s Software (Alternative 1 : Client/Server) 43 Table 8 System’s Hardware (Alternative 1 : Peer-to-Peer) 44 Table 9 System’s Software (Alternative 1 : Peer-to-Peer) 45 Table 10 Network Connection Equipment 45 Table 11 Development Cost (Alternative 1 : Client/Server) 46 Table 12 Development Cost (Alternative 1 : Peer-to-Peer) 46 vii Table 13 Savings (Alternative 1 : Client/Server) 47 Table 14 Savings (Alternative 1 : Peer-to-Peer) 47 Table 15 Payback Period (Alternative 1 : Client/Server) 48 Table 16 Payback Period (Alternative 1 : Peer-to-Peer) 49 Table 17 Versus Table Operational/Organizational Analysis 50 viii List of Figures Figure 1 Company’s Organizational Chart 3 Figure 2 System Design Paradigm 5 Figure 3 Modified Waterfall 11 Figure 4 Existing System Context Diagram 27 Figure 5 Top Level Diagram 28 Figure 6 Exploded Diagram Process 3 29 Figure 6.1 Exploded...

Words: 383 - Pages: 2

Premium Essay

Microsoft Excel

..."Feasibility Study Suitability Tool - Instructions 1. For each criteria, select a value between one and three, where one is the highest and three is the lowest assignable score. For ""Anticipated Project Size"" use your internal metrics as guidance. For example, if you use lines of code, then mentally assign ball park values to Small, Medium and Large as part of determining whether to give this criteria a high or low score. Follow a similar process ""Anticipated Duration"". Since project duration depends on project complexity, mentally categorize earlier projects as short, average or long duration to help put the current project in context. 2. After assigning a score for each criteria, view the Feasibility Study Suitability Indicator to discover the best method to use for determining project viability. 3. Omitted criteria will give an inaccurate result, so ensure all criteria are scored before checking the indicator." Criteria "Score (1=high, 3=low)" Guidelines Business Risk "1 = Significant, high-risk projects 2 = Low-to-modertate risk projects 3 = Small, low risk projects" Technology Risk "1 = Significant, high risk technological risks 2 = Low-to-moderate technological risks 3 = Small, low technological risks" Anticipated Project Size "1 = Large 2 = Medium sized 3 = Small" Anticipated Project Duration "1 = Long 2 = Medium...

Words: 451 - Pages: 2

Free Essay

Planning a Start-Up Business

...business can go for help, advice, and services to help them in getting started. These are called business incubators. Business incubators can be located in a rural or urban location, and provide skilled services, technology such as internet, or phone lines, and minor assembly of products (Schermerhorn, 2013). Discussion Content The importance of a feasibility study and a business plan. When thinking about a feasibility study and a business plan, one may think that they are the same thing. They are not. A feasibility study is a study that determines whether a potential business will be able to operate successfully. A business plan formulates how and where the business will go and how it will be financed. Usually, one would execute a feasibility study, and then prepare a business plan. A feasibility study can be very helpful initially. It assists the entrepreneur in addressing an important question, “should we proceed with the proposed project idea?” (Hofstrand & Holz-Clause, 2009). By researching and contemplating different ideas in the study, a person can determine which course of action will be the best to adapt. A feasibility study develops into the foundation of a business plans (Hofstrand & Holz-Clause, 2009). Business plans are also important. They provide the entrepreneur with a “road map” with details on how the business will be started. Business plans can help potential business owners in obtaining the financial background needed to start the business. There is a TV...

Words: 1065 - Pages: 5

Premium Essay

Programming Language Using Oojavacom 121

...Comments/Suggestions: CPT 125 Pre-Requisite: Completion of 1st Year Courses Introduction: Systems Design is a central part of systems development. It comprises the process of turning a set of user requirements into an implementable system and encompasses various activities to achieve this end. Alternative models are challenging the traditional systems development life cycle. Alongside this, two approaches to systems development are emerging: the traditional structured approach; and the object oriented approach. The systems design activity will be studied in the context of these trends. Students should make themselves familiar with at least one traditional approach (e.g. SSADM) and one object oriented approach (e.g. UML). Aims: To understand the role of systems design within various systems development life cycles To develop awareness of the different approaches that may be taken to systems design To understand and apply the tools and techniques that are currently used by systems designers Formatted: Superscript      Objectives: Describe different life cycle models and explain the contribution of systems design within them Discuss various systems development approaches and explain their strengths and weaknesses 1 30/09/1123/09/10 Evaluate the tools and techniques that may be used by a system designer in a given context Use appropriate methods to produce a system design for a given scenario     Provide suitable systems documentation for a design Discuss the CASE...

Words: 2312 - Pages: 10

Free Essay

Retail

...research of a potential business opportunity. * Recognition of progress from idea to an opportunity through a creative but also measured feasibility study * Learning through a practical market research process sourcing relevant current data with judgement and confidence towards justifying a perceived opportunity and its implementation. * Understanding the relevance of group and network resources in business opportunity preparation and the student’s own self efficacy in terms of ability, adaptability and behaviours in these social contexts. Module Outcomes On completion of this module you will be able to: 1) Analyse and understand the key concepts around opportunity, entrepreneurial behaviour and the factors in the process of start-up and survival 2) Identify ideas to create opportunities, national or international, through a feasibility analysis and evaluation using relevant disciplines and frameworks 3) Recognise the tension between the creative (innovative) and measured elements (data analysis and evaluation) of a business opportunity and the disjunctive nature of learning this brings. 4) Develop the feasibility assessment through relevant research techniques and sources to create a macro and micro level analysis as the basis to develop a business plan or solve a business problem 5) Present a professional feasibility report for the business opportunity, with appropriate measures, as the base for...

Words: 3225 - Pages: 13

Premium Essay

Business

...Project Management | Admission into the Masters of Science programme can be obtained through: (a) Candidates with B. Sc or B. Tech. (Building) with a minimum of second class lower or GPA not less than 2.50 (on a 5-point scale) (b) HND Building plus PGD (with upper credit) from any recognized university Duration and Mode of Study. The programme is a full time programme which runs for a minimum of 18 months. The mode of study for the programme is through a comprehensive course work to be examined in both oral and written papers, seminars and other necessary work to be contained in a submitted thesis. Employment Opportunities Graduate of the programme will have further relevance in the following areas: (a) Public sector, government ministries, parastatals and research institutes (b) Private sector employments and related industries, oil and gas, power and steel, telecommunications.   COURSE CODE | COURSE TITLE | UNIT | BD 701 | Construction Plants and Equipments | 2 | BD 703 | Construction Planning and Contract Practice | 2 | BD 705 | Construction Finance | 2 | BD 707 | Research Methodology | 2 | BD 709 | Project Feasibility Analysis/Studies | 2 | BD 711 | Construction Management Process | 2 | BD 797 | Research Project I | 2 | | Plus One Elective | 2 | | Total | 16 | BD 701 Construction Plants and Equipment (2 units) Selection of plant and equipment for construction work. Factors affecting the selection. The cost of hiring/owning and operating construction...

Words: 1384 - Pages: 6

Premium Essay

Pmp 492 Week 1

...will benefit the Pharmaceutical Market and help people live better lives. The work breakdown structure will give a good idea on what will be required to accomplish the task but there is still a great deal of planning and research that will need to be completed before implementation. See below for the detailed breakdown of the process for implementation of the Vision System product. Vision Systems Project Work Breakdown Structure 1 .0 Vision Systems Project 1.1 Market Feasibility 1.1.1 Interview Customers 1.1.1.1 Determine current issues with label quality and design 1.1.2 Consult Industry Groups 1.1.2.1 Determine market trends for product 1.1.3 Test Market 1.1.3.1 Determine if product can be sold for a suitable profit 1.2 Research Group 1.2.1 Concept Feasibility Study 1.2.1.1 Research available technologies 1.2.1.2 Develop Prototypes 1.2.1.2.1 Evaluate against early market requirements 1.3 Critical Decision 1.3.1Review market data and concept feasibility study 1.3.1.1 Move towards development processes 1.4 Design and Development 1.4.1 Refine and finalize all customer requirements 1.4.1.1 Engineering will use customer requirements to make a detailed design 1.4.1.1.1 Build prototypes based on requirements 1.5 Sales 1.5.1 Test Camera 1.5.1.1 Introduce the successfully...

Words: 442 - Pages: 2

Premium Essay

Information Technology Specilaist

...Information Technology Project procurement Process. IT-PROJECT PROCUREMENT PROCESES By Taiwo D. Ladeji PMAN 641 – Project Procurement Management Professor Michael Hagerman University of Maryland University College Date: 10-/2/2012 TABLES OF CONTENT Introduction and Objectives..…………………………………………………….1 Project Procurement Management Processes…...2 Plan Procurements…………………………………………………….……… …3 Conduct Procurement…………………………………………………………….4 Administer Procurement ………………………………………………………....5 Close Procurement………………………………………………………………..6 Conclusion……………………………………………………………………….7 References……………………………………………………………………...8 Introduction and Objectives According to PMBOK Guide (2003) project procurement management includes the process necessary to purchase or acquire products, services or resulted from outside the project team. Which includes the contract management and change control processes required to develop and administer contract purchase orders issued by authorized project team members? The objective of a procurement management plan is to describe the end-to-end procurement process that the project will use to acquire its goods and services. This plan will be completed in the Project Management Plan document. The purpose of project procurement is to acquire the goods and services necessary to achieve the project scope. The purpose of the project procurement management plan is to define the methodology that will be used by the project to manage project procurement...

Words: 1460 - Pages: 6

Premium Essay

Project Report on: Strategic Planning, Financing and Implementing a Preliminary Implemantation

...preliminary implementation for initial 03 years. Also, we will study all phases of project like - project planning, project analysis, project initiation, project implementation, and project result. Every stage is vital to make a project success. The major areas of the project reports are defined below: Project planning and analysis: 1. ANALYSIS We are about to create a new Project activity plan for ECI. We are about make a plan which will be feasible to implement for attaining more customer and for attaining quality of service 24/7. In this Analysis we will do in-depth study of all the departments of ECI from production to marketing to make a solid analysis of ECI business ways. 2. Detailed planning I. Technical feasibility The Technical Feasibility Study reports shows the details of how ECI will deliver a product or service i.e., materials, labor, transportation, technology needed, etc. A increase in business productivity in ECI would reach through its Technical belongings and thus the Technical products like Materials for car services, Car washer machines, And other inventory planning must be done so that the increase in customer service can be effectively done by the employees working for ECI. We have seen that complaints have been poured in by the consumers for the delay sales of the cars And maintenance of the Exotic Cars due to unavailability of the Cars. The Technical feasibility report will point out several finding of the issues to...

Words: 1604 - Pages: 7

Free Essay

A Feasibiity Study of Establishing African Oil Palm Farming in General Santos City -Chapter 1

...Chapter I THE PROBLEM This chapter discusses the problem of the study. It contains the background and rationale, statement of the problem and objectives, significance, scope and limitation, research design and methodology of the study. 1.1 Background and Rationale of the Study Due to increase in population size, the world today craves for a higher consumption of biodiesel, vegetable oil, health supplements, cosmetics and other food and non – food products that people cannot live without. One main source of these products is African Oil Palm. According to Escobar et al. (2008) the African Oil Palm is the most productive species among oleaginous plants. It is a traditional native crop for the West and Central African communities, occurring between Angola and Gambia. This plays a major part of the culture of Africans and they use it both in the household and in the market. The quest for renewable energy has intensified since the escalating price of crude petroleum in the recent years. Renewable energy such as biodiesel has the potential to replace petroleum – derived transportation fuel in the future. Biodiesel is a renewable and biodegradable diesel fuel extracted from plant oil. It is a natural hydrocarbon with negligible sulfur content which will substantially help in reducing emissions from diesel – fed engines. According to the study conducted in Malaysia, the African Oil Palm has properties and potential for making biodiesel. Due to this discovery, African Palm Oil...

Words: 1866 - Pages: 8

Free Essay

Standardize Baseline

...Standardized Baseline Development Support Alexandra Soezer MDG Carbon Regional Training for Asia, Pacific and Eastern Europe, 2 September 2013 1 Outline • Activities globally; • Technical/financial support needs; • Support/funding; • Support challenges; • SBs and NAMAs; 2 Standardized Baseline support activities Supporter IGES Sector Energy use in the rice mill sector Supply side energy efficiency Country/Region Cambodia Status Initial assessment successfully concluded Capacity development for incorporation of SB into NMMs or PoAs Road map study Concept stage Not yet started IGES Mongolia ADB UNDP MDG Carbon Global Environment Center Foundation Cook stoves Agricultural sector Not yet defined Solomon Islands Asia-Pacific Not yet defined UNDP LED Grid Emission Factor Uzbekistan Initial assessment successfully concluded 3 Standardized Baseline support activities Supporter ACAD/UNEP Riso Sector Grid Emission Factor for the Southern African Power Pool Country/Region Botswana, DRC, Lesotho, Mozambique, Namibia, South Africa, Swaziland, Zambia, Zimbabwe Uganda Status Approved Green Resources Charcoal (fuel switch, technology switch, methane destruction) Clinker production in the cement sector Positive List for electricity generation from landfill gas and methane destruction factor Approved Ethane Biofuels/Ethiopia UNFCCC/RCCs (Africa/LAC) Ethiopia West- and EastAfrica/Caribbean and Latin America Initial assessment...

Words: 1267 - Pages: 6

Premium Essay

Roj-592

...information to meet the ever evolving governmental standards. Your task is to organize the product development process for this revolutionary product which could save countless lives! Role You've just sat down with Marketing Director, Kara Rose, and R&D Director, Jessie Megana. After the standard pleasantries, Kara (well known to be focused on short meetings) starts with your marching orders Your task is to organize the product development process for this revolutionary product which could save countless lives. So, as Project Manager, you will create a Work Breakdown Structure (WBS) using the steps that Kara and Jessie have relayed during your meeting. Script Kara: The first thing VisionTec needs to do is establish Market Feasibility to determine if the product will be accepted by the market. The Marketing group will interview customers to determine current issues with label quality. Then industry groups will be consulted to determine trends in the market. Last, the Market will be tested to determine if the product could be sold for a suitable profit. Jessie: The...

Words: 995 - Pages: 4

Premium Essay

Bsa/375 - Riordan - Part 1

... * Terri Carranza - Compensation & Benefits Manager * Anne Pham - Compensation Analyst * Silvija Peterson - Payroll Manager * Ana Richlich - Payroll/Tax Clerk * Eric Myers - Recruiter-Professional Staff * Marl Carillo - Training & Development Specialist * Chad Sterken - Safety Manager * Safety Technicians from each Plant Site (Riordan 2, 2013). This list should include the people directly affected by the proposed system changes. No matter what method of information gathering is used during the analysis phase, all cautions need to be taken to ensure that all areas concerned have equal input into the uses of the current system and the necessary requirements for the new system. Project Scope and Feasibility The Human Resources Department uses software originally designed for the Finance & Accounting (F & A)...

Words: 932 - Pages: 4