...A feasibility study is a short, focused study that should take place early in the RE process. It should answer three key questions: a) does the system contribute to the overall objectives of the organization? b) can the system be implemented within schedule and budget using current technology? and c) can the system be integrated with other systems that are used? If the answer to any of these questions is no, you should probably not go ahead with the project. Feasibility study An estimate is made of whether the identified user needs may be satisfied using current software and hardware technologies. The study considers whether the proposed system will be cost-effective from a business point of view and if it can be developed within existing budgetary constraints. A feasibility study should be relatively cheap and quick. The result should inform the decision of whether or not to go ahead with a more detailed analysis. Feasibility studies The aims of a feasibility study are to find out whether the system is worth implementing and if it can be implemented, given the existing budget and schedule. The input to the feasibility study is a set of preliminary business requirements, an outline description of the system and how the system is intended to support business processes. The results of the feasibility study should be a report that recommends whether or not it is worth carrying on with the requirements engineering and system development process. If a system does...
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...FINANCING OF FEASIBILITY STUDIES Through its MSME Support Fund, BIO grants subsidies to co-finance feasibility studies. The feasibility study is a necessaryphase prior to the creation or development of a company. It has to be conducted by a third partuy expert. It aims to prove the technical viability and profitability of a project, and is a prerequisite to draw up a business plan. SUBSIDIES The MSME Support Fund grants non-reimbursable subsidies to fund experts who will carry out feasibility studies. These studies include all technical, commercial, financial and regulatory information necessary for the investment decision process. This process should enable the creation and development of businesses in developing countries. Furthermore, the studies are conditioned by subsequent financing by BIO of the investment phase. AMOUNTS The subsidy granted by the MSME Support Fund may account for as much as 50% of the total cost, with a limit of EUR 100,000 per project. BENEFICIARIES Subsidies are granted to local enterprises, intermediary structures geared towards local SMEs, as well as infrastructure projects. CRITERIA Applications for feasibility studies must meet a certain number of formal criteria, such as the business’ sector or the estimated time-span of operations. BIO more specifically evaluates the sponsors’ quality (particularly their economic performance, their financial involvement in the project and their stance towards corporate governance),...
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...FEASIBILITY STUDIES: WHY AND WHAT SHOULD THEY ENTAIL? P. Ries Asset Resource Management LLC I have been asked to present a paper addressing feasibility studies, as they relate to consideration of a digester project for large dairies. I am hoping to answer the following questions, so that you, as a dairy producer, can properly address whether or not a digester project fits within your overall business model, that is, successfully managing and operating a large scale dairy operation. As I said, the questions I hope to answer for you are as follows: 1. 2. 3. 4. 5. What is a feasibility study? Why is a feasibility study important? What should be included? Who should do a feasibility study? How much should they cost? 1. What is a feasibility study? A feasibility study is an analysis and evaluation of a proposed project to determine if it is a. technically feasible; b. is feasible within the estimated cost; and c. will be profitable. I am focusing my presentation on feasibility studies of digester projects, because that is why I’ve been asked to make this presentation. However, one should be able to use these same concepts when considering any opportunity your farm might consider, especially where large sums of money are at stake. With respect to digester projects, the technical concepts of collecting the cow manure, pumping it into a digester, producing methane gas, and using this methane gas to power turbines, which in turn produce electricity, is a proven technology, and no further...
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...FEASIBILITY STUDY TEMPLATE This Feasibility Study Template is free for you to copy and use on your project and within your organization. We hope that you find this template useful and welcome your comments. Public distribution of this document is only permitted from the Project Management Docs official website at: www.ProjectManagementDocs.com FEASIBILITY STUDY COMPANY NAME STREET ADDRESS CITY, STATE ZIP CODE DATE Feasibility Study Template www.ProjectManagementDocs.com TABLE OF CONTENTS 1. 2. 3. 4. 5. 6. 7. 8. 9. EXECUTIVE SUMMARY .......................................................................................................... 2 DESCRIPTION OF PRODUCTS AND SERVICES .......................................................................... 2 TECHNOLOGY CONSIDERATIONS ........................................................................................... 2 PRODUCT/SERVICE MARKETPLACE....................................................................................... 3 MARKETING STRATEGY ........................................................................................................ 4 ORGANIZATION AND STAFFING ............................................................................................. 4 SCHEDULE............................................................................................................................. 5 FINANCIAL PROJECTIONS .....................................................
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...Pre-Feasibility Study POTATO CHIPS MANUFACTURING UNIT Small and Medium Enterprise Development Authority Government of Pakistan www.smeda.org.pk HEAD OFFICE 6th & 8th Floor LDA Plaza, Egerton Road, Lahore. Tel: (042) 111-111-456Fax: (042) 6304926-7 Helpdesk@smeda.org.pk REGIONAL OFFICE PUNJAB REGIONAL OFFICE SINDH 5TH Floor, Bahria Complex II, M.T. Khan Road, Karachi. Tel: (021) 111-111-456 Fax: (021) 5610572 Helpdesk-khi@smeda.org.pk REGIONAL OFFICE NWFP Ground Floor State Life Building The Mall, Peshawar. Tel: (091) 9213046-47 Fax: (091) 286908 helpdesk-pew@smeda.org.pk REGIONAL OFFICE BALOCHISTAN Bungalow No. 15-A Chaman Housing Scheme Airport Road, Quetta. Tel: (081) 831623, 831702 Fax: (081) 831922 helpdesk-qta@smeda.org.pk 8th Floor LDA Plaza, Egerton Road, Lahore. Tel: (042) 111-111-456 Fax: (042) 6304926-7 helpdesk@smeda.org.pk February, 2006 Pre-feasibility Study Potato Chips Manufacturing Unit 1 2 PURPOSE OF THE DOCUMENT ............................................................................................... 4 CRUCIAL FACTORS & STEPS IN DECISION MAKING FOR INVESTMENT..................... 4 2.1 2.2 SWOT ANALYSIS ................................................................................................................... 4 KEY SUCCESS FACTORS / PRACTICAL TIPS FOR SUCCESS .......................................................... 5 3 PROJECT PROFILE..............................................................................
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...Operational Feasibility The proposed system will be a big help for the company. The implementation of the proposed system aims to improve and switch the manual procedures to computer based operations. It will provide a fast way of purchasing goods that can both save time and effort of the buyers. This system can fit in to the needs of the customer and the establishment as well. The proposed system is technologically available and technologically practical given the availability of hardware and software resources. The proposed system is operationally feasible in such way that the system will operate efficient and average computer users will find it easy to use and understand. Economical Feasibility Cost is one of the major problems that must be considered in making a study. For the economic condition, they usually stick to manual process to be able to keep in expenses. But giving attention to the proposed system, it will provide a lot of benefits especially to the teachers and student. The implementation cost of the system will be reduce and they will receive return of investment after the implementation of the system. The company will just have to upgrade the system and maintained it. The Feasibility Study The information you need to find out if your project will work is call feasibility study. It will help you find out exactly what is involved, how much is cost; if it will work in the long run and of course, if it will be feasible for the entities involved...
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...Project Summary In this chapter, the group presents the highlights, descriptive definition, long- range objectives, feasibility criteria, history and basic conclusions of studying the business viability of “Biba Lavendera” laundry shop. A. Name of the Enterprise Biba Lavandera Laundry Shop A business name is one of the most essential things to be prepared in starting a business. Biba Lavandera as the primary name of the business, originated from the noun word “bibo” that means smart or bubbly. It is used to refer a person that is active and has energy. “lavandera” came upon the suggestion of Professor Patriarca as it appeals more to the target audience. Biba Lavendera somehow gives an extraordinary attention The name “Biba Lavandera” is unique, simple and easy to remember. People will easily visualize what the business is about and it will aid to their memory. It includes the information that the business does and can easily be understood by various target market. The business logo shows a bubbly girl to represent Biba, a sun to denote a bright day for doing laundry with the name of the enterprise. The colors used are on the light shades to be more attractive and leave a clean and fresh image. B. Location The location of the business is at Blk 79 lot 3 Ginseng Road, Robinsons Homes East Bgy. San Jose, Antipolo City. Biba Lavandera is inside the Robinsons Homes. Basically, the business is intended for the residents of the community...
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...PILOT CLASS:Jehann Farinah AbutazilRichmond Ferrer AlderiteLendl Sam DelinSabrina FallerIan Scott Gerona Jade Marie JabagatMary Grace Marilao Wilfred John PilapilJane Erin PinsoyAlvin Recososa Lorence TapizAnne Margaret Veran Submitted to:Mrs. Euckene Shayne Y. Dolino | | May 22, 2013 | | Table of Contents Contents: | Pages: | I. Business Description ……………………………………………………… | 3 | II. Feasibility Study Conclusions ……………………………………………. | 3 | III. Market Feasibility ………………………………………………………… a. Description of the Industry b. Current Market Analysis and AnticipatedFuture Market Potential c. Industry Competitiveness d. Market Share and Sales Projection | 4 | IV. Technical Feasibility ……………………………………………………... a. Place of Business b. Plant Layout c. Machines and Equipments | 8 | V. Organizational Feasibility ……………………………………………….. d. Professional Skills and Resumes e. Business Founders f. Internal & External Principles and Practices of Business | 10 | VI. Financial Feasibility ……………………………………………………… | 12 | | | I. Business Description We plan to put up a cart in Davao Doctor’s College (DDC) renting a small space and selling a wide variety of shakes. Basically, we turn various fruits and vegetables, like carrots, cucumbers, apples, mangoes, bananas, oranges and the like into healthy, cool and refreshing beverages. We will take on the requests of the customers for the flavor they...
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...FEASIBILITY STUDY OUTLINE 1. The Preliminary Section a. Title Page b. Approval Sheet c. Acknowledgements (if any) d. Table of contents e. List of tables (if any) f. List of Figures (if any) g. List of Annexes/Appendices 2.0 THE EXECUTIVE SUMMARY 3.1 Highlights 2.1.1 Project Background Name of the Proposed project: Type of Business Organization: Location: Proponents: 2.1.2 Management Feasibility Summary 2.1.3 Marketing Feasibility Summary 2.1.4 Technical Feasibility Summary 2.1.5 Financial Feasibility Summary 2.1.6 Socio-Economic Feasibility Summary 2.1 Conclusions (state here, the chances of implementing your project; the advantages of implementing it; and your final analysis and conclusion of the feasibility of your project) 2 Project Background 3.2 Project Proponents Name Address % Ownership 3.3 Proposed Name of the Business/Logo * Here you could state the reason/s four your choice of name or the significance of the name and the logo chosen 3.4 Type of Business Organization * State here if your proposed project is a Single Proprietorship, a Limited or General Partnership, a Corporation, a Subsidiary/Branch/ohers. Indicate the reasons for your choice. 3.4 Location of...
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...Feasibility Study Outline for New Manufacturing Project There is a saying, hindsight is 20-20. Smart business people, however, do not rely on hindsight but on foresight. A feasibility study is more of a scientific foresight, a way of reducing guessing as to what things should be considered. The following is an outline of a feasibility study based on new manufacturing business. There are hundreds of variations of a feasibility study but this is good because it is applicable to big and small businesses, either domestic and international. Feasibility Study Outline for New Manufacturing Project A. Project Summary 1. Brief description of the project 2. Summary of the findings and conclusions a. Project timetables and status b. Management aspects c. Marketing aspects d. Technical aspects e. Taxation aspects f. Financing aspects g. Financial aspects h. Social aspects B. Project Timetable and Status 1. General project planning 2. Incorporation 3. Preparation of engineering specifications 4. Building construction 5. Selection...
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..."fast-food”. So why ice cream? Ice cream doesn’t have a specific market; it can cater to everyone, kids, teens and adults. Since our location has a big market for adults, we decided to add coffee in our menu. Because coffee is the trend nowadays, we take this opportunity to accommodate to this coffee lover people and add coffee ice cream flavors and a special espresso mud pie just for them. Another part of our market is the kids and teens; we cater them by adding colorful ice creams, different kinds of toppings and encourage testing their creativity by letting them self service in what toppings to put in their ice cream. With all this perks, the Fuzione is starting a trend regarding food service and food trucks . I. BACKGROUND a feasibility study revolving around the concept of food trucks in a fast food service. The idea behind this novelty concept of bringing food trucks as a new trend here in the Philippines came from six undergraduate hotel and restaurant management students from the Cavite State University – Imus Campus. This is in partial fulfillment...
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...Feasibility Study Name University of Phoenix System Analysis and Development CMGT/555 Instructor January 9, 2015 Feasibility Study A feasibility study is an essential part of any software development project. The feasibility study can, and should, help answer the question “Should we even attempt this project and why?” Completing an effective feasibility study can prevent unnecessary commitments of valuable company resources by determining the potential success rate of any project. This project, designing and implementing a bulletin board type forum for wireless technical support representatives, is no different and a proper feasibility study will determine whether this is a worthwhile, cost effective project. According to Tim Bryce from the Project Smart Company, a good feasibility study will address the following issues (Bryce, 2008): 1) Project Scope 2) Current Analysis 3) Requirements 4) Approach 5) Evaluation 6) Review The first section determines the scope of the project. This is where the current problem or improvement is clearly stated. A well-defined scope will keep the project on target and help prevent “scope creep” where the project loses sight of the intended goal. Stake-holders, end users, project participants, and the project owner or sponsor is also clearly stated in this section. The current analysis is an outline of how the process is done now. Without a clear outline and analysis of the current method, it is hard to...
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...1. DESCRIPTION OF PRODUCTS AND SERVICES The IT department requires a system that will alert users when their desktop computer is no longer in compliance with current security standards; customer would be instructed to call the IT Help Desk for assistance before their service is cut off. System would need to be expandable to multiple networks and be compatible with Windows and Linux operating systems. There are no proposed changes to the current baseline of the network. 2. ECONOMIC CONSIDERATIONS Upgraded technological capability may be required for the IT department to move toward a product which will automatically notify customers to contact the IT Service Desk if their systems are found to be non-compliant with the current security baseline. However, it should be feasible to take the existing technology and modify functionality or add a pug-in module in order to obtain the desired effect. This technology does exist and is in use in other organizations with similar network structures and components which mean this solution should not be a totally new concept and a variety of options should be available. The automation of this process will save thousands of man-hours per year for both technicians and customers. 3. TECHNOLOGY CONSIDERATIONS IT managers desire a simple and easy way to ensure system meet intended security requirements while minimizing customer service interruption to the extent possible. While the IT department maintains the current set of network tools...
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...THE FEASIBILITY OF A NEW SIT-DOWN RESTAURANT IN VENTURA Presented to the Faculty of the Agribusiness Department California Polytechnic State University In Partial Fulfillment Of the Requirements for the Degree Bachelor of Science by John Wassil Winter 2011 Chapter 1 INTRODUCTION Fast food chains have grown at an incredible rate over the past couple of decades. There seems to be a McDonald's or Burger King on every street corner. Fast food offers people in a rush an inexpensive way to grab food whenever they want. In the United States, fast food restaurants accounts for 46.7% of the total food service industry while sit-down restaurants have 39.3% (Bureau of Labor Statistics, 2009). This forces sit-down restaurants to target a different market, people that are looking for pleasure and a relaxing experience. The food services industry is considered to be the most known industry in the world. Sitdown restaurants typically offer full menus, which include appetizers, entrees, sides, desserts, and all types of beverages including alcohol. Most restaurants will have a host or hostess that will greet a person as they walk in and show them to the table that they will be sitting at for the duration of their meal. Sit-down restaurants typically will have trained chefs to cook and prepare the meals and servers that will completely take care of any needs that there will be while eating at the restaurant (Bureau of Labor Statistics, 2009). It is important to have honest and...
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...Feasibility Study INTRODUCTION The Philippines has a tropical maritime climate and is usually hot and humid. There are three seasons: tag-init or tag-araw, the hot dry season or summer from March to May; tag-ulan, the rainy season from June to November; and tag-lamig, the cool dry season from December to February. Since the Philippines has a hot climate to begin with, we decided to grab the opportunity to build a business that will cater to this kind of weather and to start a new trend regarding food service and food trucks here in the Philippines. Food trucks are a culinary trend in America, And by this reckoning, we might treat food trucks as the latest food fad in the Philippines. Our economy is growing, every people are on the go we need speed, motion, and transport, and we dwell on this as our latest take on "fast-food”. So why ice cream? Ice cream doesn’t have a specific market; it can cater to everyone, kids, teens and adults. Since our location has a big market for adults, we decided to add coffee in our menu. Because coffee is the trend nowadays, we take this opportunity to accommodate to this coffee lover people and add coffee ice cream flavors and a special espresso mud pie just for them. Another part of our market is the kids and teens; we cater them by adding colorful ice creams, different kinds of toppings and encourage testing their creativity by letting them self service in what toppings to put in their ice cream. With all this perks, the Fuzione is...
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