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The Importance of Project Feasibility Study

Temba Munsaka

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ISBN 10: 3656535337 / ISBN 13: 9783656535331
Published by GRIN Verlag
New Condition: New Soft cover
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20 pages. Dimensions: 8.3in. x 5.4in. x 0.3in.Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, Atlantic International University, language: English, abstract: A feasibility study occupies a place of importance in contemporary project management. Decisions on whether to go ahead with a project and whether the intended beneficiaries will benefit from a project are informed by findings that emanate from a feasibility study. A feasibility study also helps project managers to determine whether a project is viable and select the best alternative from an array of alternatives that can address the identified problem. The feasibility study is one of the critical activities that are done at the first stage, the conceptualization phase of the project cycle. Therefore the feasibility study must be done meticulously so it generates appropriate and relevant information that will help project managers and stakeholders to make informed decisions on a given project. It must also be borne in mind that failure by the feasibility study to generate appropriate and relevant information may result in project managers making costly decisions that may impair the original intention or purpose of a project. This paper thus examines the importance of a feasibility study in project management. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Bookseller Inventory # 9783656535331

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Bibliographic Details

Title: The Importance of Project Feasibility Study

Publisher: GRIN Verlag

Binding: Paperback

Book Condition:New

Book Type: Paperback

About this title

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Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, Atlantic International University, language: English, abstract: A feasibility study occupies a place of importance in contemporary project management. Decisions on whether to go ahead with a project and whether the intended beneficiaries will benefit from a project are informed by findings that emanate from a feasibility study. A feasibility study also helps project managers to determine whether a project is viable and select the best alternative from an array of alternatives that can address the identified problem. The feasibility study is one of the critical activities that are done at the first stage, the conceptualization phase of the project cycle. Therefore the feasibility study must be done meticulously so it generates appropriate and relevant information that will help project managers and stakeholders to make informed decisions on a given project. It must also be borne in mind that failure by the feasibility study to generate appropriate and relevant information may result in project managers making costly decisions that may impair the original intention or purpose of a project. This paper thus examines the importance of a feasibility study in project management.

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