Feasibility reports Guidelines Note The feasibility report FR presents the project parameters and defines the potential solutions to the defined problem, need or opportunity. It expands on each of these potential solutions, providing sufficient detail and non-financial evaluations to permit the project leader to recommend to the approving authority all viable potential solutions that should be further analyzed in the next phase investment analysis report [IAR]. When technical studies Investigation and Report have been conducted, they should be used as input to the preparation of the FR. The purpose of the Executive Summary is to provide a very brief overview of the most essential and decision-relevant information concerning the project.
It aims to analyze and justify the project in terms of technical feasibility, business viability and cost-effectiveness. Once the study is Feasibility report guide, a feasibility study report FSR should be developed to summarize the activity and state if the particular project is realistic and practical.
The following definition gives a broader understanding of the document: A Feasibility Study Report FSR is a formally documented output of feasibility study that summarizes results of the analysis and evaluations conducted to review the proposed solution and investigate project alternatives for the purpose of identifying if the project is really feasible, cost-effective and profitable.
It describes and supports the most feasible solution applicable to the project. The report gives a brief description of the project and some background information. Formally this document is the starting Feasibility report guide for running the Pre-Charter Sub-Phase. In practice, it signifies that the sponsor can proceed with deciding on project investment and make necessary assignments to the project manager.
FSR Importance The process to write the report is called feasibility study reporting. Often it is a responsibility of the project manager to control such a process. The reporting process allows the senior management to get the necessary information required for making key decisions on budgeting and investment planning.
A well-written feasibility study report template lets develop solutions for: Project Analysis because an example of FSR helps link project efficiency to budgeted costs. Risk Mitigation because it helps with contingency planning and risk treatment strategy development.
Staff Training because the report can be used by senior management to identify staffing needs as well as acquire and train necessary specialists. The process of reporting is the trigger to run the project investing process through underpinning the business case documentstating the reasons for undertaking the project, and analyzing project costs and benefits.
Regardless of project size, scope and type, there are several key steps to writing such an important document. Write Project Description At this step, you need to collect background information on your project to write the description.
Then in the first part of your report you could write the next description: For example, in your FSR template your e-commence project might have the following solutions description: Each of the solutions is carefully analyzed, and necessary information required for making the final decision is available for the management team.
This step of feasibility study report writing requires you to investigate the solutions and put them against a set of evaluation criteria.
For example, you could add the following criteria to your report: For example, your report might include: For example, the conclusion of your FSR might be: The most feasible solution for the project has been chosen and approved and now is ready for further elaboration.
Content Requirements for Sample Feasibility Report The content of sample feasibility report is formatted and structured according to a range of requirements which may vary from organization to organization. Meanwhile, there are common suggestions, which are listed below.
Front Matter To begin with writing a sample feasibility report, first you need to create a title page that provides a descriptive yet concise title, your i.
Next, you must include an itemized list of contents that provides headings and sub-headings sequenced the same way as they are structured in the report body. Also add a list of all material tables, figures, illustrations, annexes used within the doc.
Report Body Format Because there are many different styles and requirements for formatting the body of feasibility study report, it may be difficult for you to select right format for your report, so I suggest you discuss this issue with your curator or supervisor who should provide you with right styling and format requirements.
Meanwhile, there are several common suggestions as follows: Conclusion — a summary of the work done and your own conclusions regarding your analysis Recommendations — a series of recommendations practices and follow-up actions based on your conclusions Back Matter One last thing you need to consider when writing your feasibility study report template is that the report should include a Reference page that lists all reference material articles, books, web pages, periodicals, reports, etc.
This page should be styled appropriately. Additionally, you can create an Appendix page that provides detailed discussions of all criteria used in analyzing feasibility and examples of each criterion. This page should also be styled appropriately.What, exactly, is a feasibility report, and how is it written?
In this lesson, we'll examine feasibility reports, including when they are needed. feasibility report Guidelines and Template for PWGSC/PSPC Real Property projects. Guide and template for the Preparation of feasibility reports. Guide and template for the Preparation of feasibility reports (Word, KB) Project name.
Location (if applicable) Client. A Feasibility Study Report (FSR) is a formally documented output of feasibility study that summarizes results of the analysis and evaluations conducted to review the proposed solution and investigate project alternatives for the purpose of identifying if the project is really feasible, cost-effective and profitable.
It describes and supports.
FEASIBILITY STUDY TEMPLATE. This Feasibility Study Template is free for you to copy and use on your project and within your organization. We hope that . This guide provides practical assistance in undertaking a feasibility study for a proposed sport and recreation facility.
In this guide we’ll explore the appropriate times to run a feasibility study, what your final report on your findings should include, who’s best suited to run a this analysis, and how surveys can help you answer some of the most pressing feasibility questions.