FEASIBILITY

REPORT
Learning the definition, importance, guidelines, and parts of a feasibility
report
What is a feasibility study?
 Conducting a feasibility study is one of the key
activities within the project initiation phase. It aims to
analyze and justify the project in terms of technical
feasibility, business viability and cost-effectiveness. The
study serves as a way to prove the project’s reasonability
and justify the need for launch. Once the study is done,
a feasibility study report (FSR) should be developed to
summarize the activity and state if the particular project is
realistic and practical.
 Definitions of a
Feasibility Report
 A feasibility report is a formally documented output
of feasibility study that summarizes results of the analysis
and evaluations conducted to review the proposed
solution and investigate project alternatives for the
purpose of identifying if the project is really feasible, cost-
effective and profitable. It describes and supports the
most feasible solution applicable to the project.
 Importance of a
Feasibility Report
 The process to write the report is called feasibility study
reporting. Often it is a responsibility of the project manager to
control such a process. The importance of writing the report
consists in providing legal and technical evidence of the project’s
vitality, sustainability and cost-effectiveness. The reporting process
allows the senior management to get the necessary information
required for making key decisions on budgeting and investment
planning.
 Guidelines of a
Feasibility Report
1. Write Project Description
At this step, you need to collect background information on
your project to write the description. For example, your company
needs to increase online sales and promote your products/services
on the Web. Then in the first part of your report you could write
the next description:

“This project is website development to promote the

products/services in Internet and increase online sales through
encouraging customers to visit the website and make online
bargains.”
2. Describe Possible Solutions
In order to take this step to write a feasibility study report
template, you’ll need to perform an alternative analysis and make
a description of possible solutions for your project. For example, in
your FSR template your e-commence project might have the
following solutions description:

“This project can be undertaken by the implementation of

the two possible solutions: 1) Online Shop; 2) Corporate Website.
Each of the solutions is carefully analyzed, and necessary
information required for making the final decision is available for
the management team.”
3. List Evaluation Criteria
Now it’s time to set and define evaluation criteria for possible
solutions. This step of feasibility study report writing requires you to
investigate the solutions and put them against a set of evaluation
criteria. For example, you could add the following criteria to your
report:

“The possible solutions of this project are evaluated and

compared by the following criteria: 1) Concept Spec.; 2) Content
Audit; 3) Technical Design Spec.; 4) Launch Schedule & Time-frames.”
4. Propose the Most Feasible Solution
Once the criteria are used to evaluate the solutions, your next
step for writing a feasibility study report is to determine the most
economically reasonable and technically feasible solution which lets
the company 1) keep to optimal use of project resources and 2) gain
the best possible benefit. For example, your report might include:

“After the evaluation of the possible solutions, the most

feasible solution for this project is identified and selected, so the
project turns to be cost-effective, vital and practical.”
5. Write Conclusion
The final step of the feasibility study reporting process
requires you to make a conclusion by summarizing the project’s aim
and stating the most feasible solution. For example, the conclusion
of your FSR might be:

“This project’s purpose is to develop a sophisticated and

original design of the website that will contribute to online sales
increasing, attract the target customer’s attention, and be cost-
effective. The most feasible solution for the project has been chosen
and approved and now is ready for further elaboration.”
Content Requirements
of a Feasibility Report
1. Front Matter
To begin with writing a sample feasibility report, first you
need to create a title page that provides a descriptive yet concise
title, your (i.e. author’s) name, email, job position, and also the
organization for which you’re writing the report. Next, you must
include an itemized list of contents that provides headings and
sub-headings sequenced the same way as they are structured in
the report body. Also add a list of all material (tables, figures,
illustrations, annexes) used within the doc. Remember that the
title page shouldn’t be numbered and that no more than 4-5
pages should be dedicated to the front matter.
2. Report Body Format
Because there are many different styles and requirements
for formatting the body of feasibility study report, it may be
difficult for you to select right format for your report, so I suggest
you discuss this issue with your curator or supervisor who should
provide you with right styling and format requirements.

Meanwhile, there are several common suggestions as follows:

• Each page of the report body needs to include a descriptive
header with an abbreviated title for the report, the author’s
name and page number (at the right top)
• Structure the report by headings and sub-headings and indicate
this structure within the document content
• Make sure headings are properly formatted (i.e., flush left,
indented, etc.) on each page
• Use the same style for headings throughout the entire report
template
• Never use too larger or too small font (font should have a
professional look, 10-12 point)
• Use the same citation style (e.g., CBE, APA, etc.) for formatting
sources used in your feasibility study template
3. Report Template Sections
The following list provides an outline of the key sections to be
included in report content:

a. Executive Summary – a description of the problem/opportunity highlighted

in the study, the purpose of the report, and the importance of the research
for your target audience
b. Background – a more detailed description of the feasibility study, who it
was carried out, and whether it was implemented elsewhere
c. Analysis – an examination and evaluation method employed in the
conducting your feasibility study
d. Alternatives and Options – an overview of any alternative proposals or
options and their features in comparison to the main proposal of the study
e. Cost-Benefit Evaluation – a rigorous analysis method that was
implemented to examine and evaluate the main proposal for cost-benefit
effectiveness and to demonstrate the tech feasibility, economic practicality,
social desirability, and eco soundness of the proposal.
f. Conclusion – a summary of the work done and your own conclusions
regarding your analysis
g. Recommendations – a series of recommendations practices and follow-up
actions based on your conclusions
4. Back Matter
One last thing you need to consider when writing your
feasibility study report template is that the report should include
a Reference page that lists all reference material (articles, books,
web pages, periodicals, reports, etc.) cited in your document. This
page should be styled appropriately.

Additionally, you can create an Appendix page that provides

detailed discussions of all criteria used in analyzing feasibility and
examples of each criterion. This page should also be styled
appropriately.
Three Sample
Situations
1. A group of architecture students proposed the construction of a bus stop
on the streets of Cagayan. But before the implementation of the project, the
architecture students must present their feasibility report to their professor
to justify the need for such development.

2. Mr. Jaren Murdock, an architect, conducted a needs assessment at Piat,

Cagayan, where his project proposal is located. After which, he’ll present the
viability and need for such development to the local government.

3. As a part of Mr. Asuncion’s requirement as a fifth year architecture student,

he needs to present his project proposal situated at Roma, Cagayan. But the
said local government are in struggle with the state of their economy, thus, he
must include the economical feasibility of his project.