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Stages of Feasibility Analysis

Stages of Feasibility Analysis

Answers

Faith
1. PRELIMINARY SCREENING
It examines the new projects ideas in relation to key factors. Key factors determine whether the project is workable e.g. of key factors are availability of raw mats, infrastructure, skilled labour etc
2. PRE-FEASIBILITY ANALYSIS
Look at the basis criteria for those projects that have passed step 1 the propose is to determine the sustainability of the project i.e how successful it will be.
Qualifying projects are ranked and then evaluated subjectively in relation to a few basic criteria:-
• Availability of an adequate machinery
• Project growth potential
• Magnitude of investment/investment costs
• Operation and distribution cost
• Demand and supply factors
• Social and environmental considerations
Also look at legal viability i.e. not illegal
3. ACTUAL FEASIBILITY ANALYSIS /STUDY
We conduct a detailed study that culminates in a feasibility report that will be used by the decision makers for project appraisal
It involves collection and analysis of data in the field
It may build on the project plan and beings in any new assumption and questions. Its generally objective where step 1 and 2 above
Titany answered the question on November 15, 2021 at 07:25

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