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Project Feasibility and Viability

A feasibility study analyzes all relevant factors of a project, including economic, technical, legal, and scheduling considerations, to determine the likelihood of completing the project successfully. It examines a project's technical possibility, achievability within budget, and ability to achieve a return on investment. A feasibility study provides a comprehensive report that analyzes the project's framework, risks, vulnerabilities, and constraints.

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165 views10 pages

Project Feasibility and Viability

A feasibility study analyzes all relevant factors of a project, including economic, technical, legal, and scheduling considerations, to determine the likelihood of completing the project successfully. It examines a project's technical possibility, achievability within budget, and ability to achieve a return on investment. A feasibility study provides a comprehensive report that analyzes the project's framework, risks, vulnerabilities, and constraints.

Uploaded by

ANASWARA .M.B
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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PROJECT FEASIBILITY.

A feasibility study is an analysis that takes all of a project's


relevant factors into account—including economic, technical,
legal, and scheduling considerations—to ascertain the
likelihood of completing the project successfully.
● A feasibility study is simply an assessment of the practicality of
a proposed plan or project. As the name implies, these studies
ask:
● "Is this project technically possible?
● Is it achievable within budget?
● Do we have the people, tools, technology, and resources
necessary for this project to succeed?"
● "Will the project get us the return on investment (ROI) that we
need and expect?"
● A project feasibility study is a comprehensive report that
examines in detail the five frames of analysis of a given project.
It also takes into consideration of its
● Four P’s ;Plan, Processes, People, Power and its risks
● PoVs, (Points of Vulnerability)
● Constraints (calendar, costs, and norms of quality).
● The goal is to determine whether the project should go ahead,
be redesigned, or else abandoned altogether
PROJECT VIABILITY

● Viability for a project refers to the assessment of whether the


project has the capacity to meet the defined objectives and in
addition to generate significant financial and economic gains to
the stakeholders and to the economy in general.
● identify the costs and benefits of the project, including
‘externalities’;

● prepare a Cost-Benefit Analysis(CBA) . A discounted cash flow


(DCF) calculation is used to allow for the different timing of
costs and benefits

● calculate the economic return of the project.


● The initial evaluation of project should include to widest possible
range of costs and benefits, including:

● Long-term financial benefits of a new facility compared with


continuing to operate the existing one, e.g. maintenance cost
savings

● Other benefits which can be priced, e.g.time saving

● Wider economic or social benefits or costs, also known as


FEASIBILITY v/s VIABILITY

● Feasibility’ is the study of the ● viability’ is the study of the


profitability, strengths, and existing or proposed
weaknesses of an existing business’s profitability.
business or proposed
venture
FEASIBILITY v/s VIABILITY

● Feasibility’ deals with ● ‘Viability’ deals with


environmental opportunities, strategies on how to make
historical backgrounds, the business grow and
operational details, legal and succeed.
tax requirements, financial
and accounting statements,
managerial and market
FEASIBILITY v/s VIABILITY

● There are many types and ● business growth and


aspects of a feasibility study sustainability are the main
which include financial and aspects of viability.
cultural feasibility, legal and ● viability study is a subset of
operational feasibility, and the feasibility study
resource feasibility
THANK YOU!!!

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