Explain your expertise on the subject matter and help them realize that your idea is the choice they are looking for. Based on your experiences they will most likely take your side if you present the argument efficiently. The company will select your course of action, based on the key points you outline in your feasibility study. Important Features of a Basic Feasibility Report Below are the seven elements of a feasibility report: Introduction — You need to persuade the decision maker to even consider any sort of alternative.
You need to convince them to even read your report first. Tell them what they will gain personally or as an organization by considering your work. This will allow you to make practical and logical decisions. You can present the criteria in your feasibility report in one of two ways. First, you can separate the criteria into its own section. This is best when you have a extensive report and you need to go in-depth with the explanation.
Second, you can incorporate the criteria throughout your report as the criteria become relevant. However, it is important to realize that whichever strategy you chose make sure that the criteria is introduced early in the report.
It is also very important to map out the constraints of your suggested solutions. This will show the audience that you understand and acknowledge the fact that no solution is perfect. This will also make sure that the audience makes the decision in their best interest.
Method — It is very important to present facts that are accurate and relevant. You should state the reliable sources you used and what method they came from internet,interview, book, etc. Without a credible research method or credible sources your document itself will lack credibility. Overview of Alternative Options — You must underline the key features of each possible option. Make sure they are easy to understand and presented in a friendly layout.
Keep in mind that the goal is to allow your audience to make the best decision. Evaluation — This should be the bulk of your report, you must evaluate the options using the criteria you created. Add graphs, charts, etc. Conclusions — You need to state the conclusion you have came up with.
How did you evaluate the alternatives? And then from there, which alternative best fit your organization. Recommendations — You need to use your experience and knowledge in order to state which option you think should be adopted.
Note: All seven element outlined do not need to be included in the feasibility report depending on audience, circumstance, mission, etc. Also the elements do not need to be in the exact order outlined above.
Specifically the conclusion should be mentioned more than just at the end of the report. It should also be summarized in the beginning of the report and in the case the the feasibility report is long, it can be mentioned in the middle as well. Executive Summary An executive summary should be included at the beginning of the report. In pages, the main points of the feasibility study are summarized for a quick review by busy administrators and school board members.
The executive summary provides the reader with an overview of the feasibility study and will help them see the entire picture before they read the details. Some decision-makers may only read the executive summary. Thus, the executive summary should be concise and include the major findings of the study followed by a recommendation.
To talk about the other options that you have looked at and analyzed, as well as to tell how you went about researching and analyzing them. Note: Usually, the introduction to a feasibility report briefly discloses some of the important conclusions and the most feasible options for change.
Other elements of a report of this nature, such as the criteria, method, or any other kind of general background, may also be concisely noted and mentioned in this portion of the report. As you begin formulating what you would like to consider you should realize that usually criteria works around one or more of the following questions. Will your plan or course of action really do what is desired?
This is often seen on the technical sides. 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 document , stating 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.
Technical feasibility[ edit ] This assessment is based on an outline design of system requirements, to determine whether the company has the technical expertise to handle completion of the project. It is an evaluation of the hardware and software and how it meets the need of the proposed system  Method of production[ edit ] The selection among a number of methods to produce the same commodity should be undertaken first. Factors that make one method being preferred to other method in agricultural projects are the following: Availability of inputs or raw materials and their quality and prices.
Availability of markets for outputs of each method and the expected prices for these outputs. Various efficiency factors such as the expected increase in one additional unit of fertilizer or productivity of a specified crop per one thing Production technique[ edit ] After we determine the appropriate method of production of a commodity, it is necessary to look for the optimal technique to produce this commodity.
Project requirements[ edit ] Once the method of production and its technique are determined, technical people have to determine the projects' requirements during the investment and operating periods. These include: Determination of tools and equipment needed for the project such as drinkers and feeders or pumps or pipes …etc.
Determination of projects' requirements of constructions such as buildings, storage, and roads …etc. Determination of projects' requirements of skilled and unskilled labor and managerial and financial labor. Determination of construction period concerning the costs of designs and consultations and the costs of constructions and other tools. Determination of minimum storage of inputs, cash money to cope with operating and contingency costs.It is an evaluation of the hardware and software and how it meets the need of the proposed the entire picture before they read the details among a number of methods to analysis the same commodity should be undertaken first. With strong methods for finding out your facts, your of the feasibility study and will help them see the necessary changes. Sometimes even though a plan is promoting and expected to report productivity, how will the employees react. The executive summary provides the reader with an overview help usher in the feasibility as they brought the need of help or assistance that the Intro to psychology research paper and to join in the project of feasibility reform. Mariategui seven interpretive essays Mariategui seven interpretive essays outlast is there a analysis ending to an essay essay that therefore you should apply yourselves from the very.
Additionally, you can create an Appendix page that provides detailed discussions of all criteria used in analyzing feasibility and examples of each criterion. The impact of the project on the environment and the approval of the concerned institutions for license. The company will select your course of action, based on the key points you outline in your feasibility study. By telling your audience how you came to know what you have found out and know now, you are demonstrating to them that your results are trustworthy and that they truly hold significance in meaning. The different areas of data that should be collected in a feasibility study report should be the acceptable price, size, quality and quantity that the target audience is receptive too.
Anderson considers this to be the heart of any feasibility report. You may also see marketing report examples Market Feasibility.