BSBA
BSBA
BSBA
BSBA IV
Quiz #1
The project feasibility study is a thorough and systematic analysis of all factors that affect the
possibility of success of a proposed undertaking. The data, facts, and other findings presented in the study
then become the basis for deciding whether the project is to be pursued abandoned or revised. The project
feasibility study is really a synthesis of separate studies it usually dealing with the market, technical,
financial, socio-economic, and management aspects of the project. Well it is true that several
undertakings in the past have become successful without the aid of a study, this cannot be used as a basis
for the occasional belief that project facilities studies are next to useless nor is the failure of some
carefully-studied projects a ballad reason. The project feasibility study, in the first place, does not claim to
be an antidote to failure. Its primary purpose is to enhance the probability of success of a specific
undertaking. It is a result of the belief that a carefully planned activity has better chances to succeed than
an activity with a previous of great uncertainty, let it be said that studies become even more important in
evaluating multiple alternatives arising from multiple possibilities. The project feasibility study is one of
the best instruments to meet the challenges of constant change.
2. What is Chapter 1 of Feasibility study? What are the different information that chapter 1 must
have?
The chapter 1 includes the project summary. The Project summary presents in the highlights,
descriptive definition, long-range objectives, feasibility criteria, history and basic conclusions of the
project under study. It gives the analyst in the financier a "capsule view" of the whole object. Normally,
this portion contains the name of the firm, and the location and size of its head office, plant site and
factory. It also presents a comprehensive description of the business and its operations and briefly defines
the product lines of the business.