Report on Feasibility Studies:
Feasibility study is also called as conceptual design.
In the case of a company planning to progress into a new business, the consultants prepare what is known as a conceptual design giving a picture of the general form of that business, and based on the blueprint thereby produced, we carry out a feasibility study (an investigation of its possibilities as a business, abbreviated FS), which considers the profitability or otherwise of the business from various perspectives. Feasibility studies are usually performed in several stages, with the precision of investigation increasing step-by-step, until development as a business is finally decided, if it is judged that this will yield high profitability. Feasibility study as its starting point and commencing with a market survey selects the production process, investigates the optimum configuration for process utility equipment, calculates equipment and operating costs, and produces an optimized highly economical proposal that considers the entire plant lifecycle.
Feasibility study is also called as conceptual design.
In the case of a company planning to progress into a new business, the consultants prepare what is known as a conceptual design giving a picture of the general form of that business, and based on the blueprint thereby produced, we carry out a feasibility study (an investigation of its possibilities as a business, abbreviated FS), which considers the profitability or otherwise of the business from various perspectives. Feasibility studies are usually performed in several stages, with the precision of investigation increasing step-by-step, until development as a business is finally decided, if it is judged that this will yield high profitability. Feasibility study as its starting point and commencing with a market survey selects the production process, investigates the optimum configuration for process utility equipment, calculates equipment and operating costs, and produces an optimized highly economical proposal that considers the entire plant lifecycle.
feasibility study concludes the Viability of the project and also estimates the Plus or minus 20% of the total estimated project cost. With the basis of the feasibility study client will take a decision whether to execute the project or decline.
ReplyDeleteGood Kallem,
ReplyDeleteIt is very informative...