Introduction: A feasibility study is an evaluation and analysis of the potential of the proposed project which is based on extensive investigation and research to give full comfort to the decisions makers. A feasibility study is essentially a process for determining the viability of a proposed initiative or service and providing a framework and direction for its development and delivery. It is a process for making sound decisions and setting direction. It is also a process which: * is driven
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Feasibility studies aim to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture‚ opportunities and threats present in the environment‚ the resources required to carry through‚ and ultimately the prospects for success.[1][2] In its simplest terms‚ the two criteria to judge feasibility are cost required and value to be attained.[3] A well-designed feasibility study should provide a historical background of the business or project‚ a description
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What is a feasibility study? “A feasibility study is an evaluation and analysis of the potential of the proposed project which is based on extensive investigation and research to support the process of decision making” (Wikipedia.com). Without the use of Wikipedia defining feasibility study would fall on understanding the two words it compresses. Feasibility or the root word feasible means a degree to which something can be achieved or put into the effect‚ therefore something feasible is something
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Chapter # 3: Feasibility Study Steps in feasibility analysis Eight steps involved in the feasibility analysis are: 1. Form a project team and appoint a project leader. 2. Prepare system flowcharts. 3. Enumerate potential proposed system. 4. Define and identify characteristics of proposed system. 5. Determine and evaluate performance and cost effective of each proposed system. 6. Weight system performance and cost data. 7. Select the best-proposed system. 8. Prepare and report final
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FEASIBILITY STUDY DEFINITION OF FEASIBILITY STUDY A feasibility study • Is designed to provide an overview of the primary issues related to a business idea. • Is created in order to minimize risk and to ascertain the viability of a project. • Is an evaluation and analysis of the potential of the proposed project which is based on extensive investigation and research to support the process of decision making. COMPONENTS OF FEASIBILITY STUDY ✓ Market/Marketing Study
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KK INDUSTRIES FEASIBILITY STUDY A STUDY TO ASSESS THE FINANCIAL FEASIBILITY OF SETTING UP A PLASTIC FOOD CONTAINER PLANT BY KK INDUSTRIES‚ BANGALORE SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS OF BACHELOR OF BUSINESS MANAGEMENT DEGREE COURSE OF BANGALORE UNIVERSITY By M R KAUSHIK Reg. No. 08KXC08077 Under The Guidance of Mrs. Mini K Abraham HOD – COMMERCE SURANA COLLEGE OF ARTS‚ SCIENCE‚ COMMERCE AND MANAGEMENT South End Road Bangalore – 560004 2010 – 11 SURANA COLLEGE 1
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FEASIBILITY STUDY INTRODUCTION A. Background of Study a. Statement Shirt -History -Origin and Distribution -Description B. Statement of the Problem a. Management Aspect b. Marketing Aspect c. Technical Aspect d. Financial Aspect e. Socio-Economic Aspect C. Significance of the Study D. Scope and Limitation E. Objectives of the Study a. Management Aspect b. Marketing Aspect c. Technical Aspect d. Financial Aspect e. Socio-Economic Aspect CHAPTER I A. Name of the Enterprise
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V 1.0 Last Updated 1nd November 2003 php Scope and Feasibility Evaluation – BMGT 44 Learning Objectives : This module introduces students from any discipline to the area of Scope and Feasibility analysis in php management. By the end of this module you will understand and be able to execute the key steps to ensure that a php is initiated‚ scoped and aligned with strategic and customer needs. Each session will last 3 hours. php Management tools and techniques will be introduced in the context
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------------------------------------------------- FEASIBILITY STUDY In Partial Fulfillment in IT CORE 1 (I.T. FUNDAMENTALS) PRESENTED TO: JUNIE R. BAGUIO By: Daryl Ortiz October 15‚ 2012 I. DESCRIPTION OF THE BUSINESS The product or services to be offered and how they will be delivered. II. MARKET FEASIBILITY Includes a description of the industry‚ current market‚ anticipated future market potential‚ competition‚ sales projections‚ potential buyers‚ etc. III. TECHNICAL FEASIBILITY Details how you
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2. SYSTEM STUDY 2.1 FEASIBILITY STUDY The feasibility of the project is analyzed in this phase and business proposal is put forth with a very general plan for the project and some cost estimates. During system analysis the feasibility study of the proposed system is to be carried out. This is to ensure that the proposed system is not a burden to the company. For feasibility analysis‚ some understanding of the major requirements for the system is essential. Three key
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