| Some of the information required in feasibility studies | | | | 2. Introduction |
| may be collected from consumers, industrial sources, | | | | 3. Market Analysis |
| consultants, researchers, government ministries, | | | | 4. Technical Analysis |
| foreign embassies, trade exhibitions and publications. | | | | 5. Orgarnisation and Management |
| Data may be collected | | | | 6. Project Cost and Funding |
| -Through the use of external consultants for their | | | | 7. Financial Analysis: |
| large scale project. | | | | -Operating Cost and Revenue Estimates |
| -From of primary sources, including interviews, | | | | -Projected(proforma) Financial Statement |
| questionnaires, observation, field and laboratory | | | | 8. Profitability and Sensibility Analysis |
| experiments. | | | | 9. Conclusion and Recommendations |
| -From of secondary sources, including institutions, | | | | There is no one standard outline as such. But the |
| previous studies, technical reports, industrial | | | | structure above provides a useful guide. |
| processes. | | | | Quality Of Feasibility Report |
| Such sources usually include: | | | | 1. Objectivity- report is based on careful analysis of |
| . Company records (for existing establishments) | | | | data |
| . Consultancy and research studies and reports | | | | 2. Coverage- all aspects that are likely to affect the |
| . Research institutions, including the universities | | | | performance of the project are properly investigated |
| . Industrial organisations (for product and market | | | | 3. Presentation- report is presented in an orderly and |
| related data) | | | | logical manner. All tables and charts are properly |
| . Publications by government, its agencies (including | | | | labelled and numbered. |
| federal office of statistics) | | | | 4. Consistency- effort is made to ensure internal |
| . Government departments, particularly industry, | | | | consistency |
| trade, commerce and technology | | | | 5. Language- simple and clear. Information which |
| -Industrial, trade and professional associations | | | | appears to be too technical is presented as |
| (including Charbers of Commerce and Industry, | | | | appendices |
| Manufacturers Association, Employers Association, | | | | 6. Decision making- the good report must enhance |
| etc.) | | | | the project plans and decision |
| -Foreign Embassies for information on technology, | | | | Conclusion |
| machinery, raw materials, credit schemes. | | | | We live in a rather dynamic environment where |
| Without a good analyis, the data collected may be | | | | things change quite rapidly. Feasibility study however |
| quite worthless. Data analysis may take the form of | | | | provides the basis of minimising avoidable risks and |
| determining volume, frequency, pattern, trends and | | | | enhances the prospects of investing on projects that |
| relationship. Analysis helps in making comparison and | | | | will be feasible, viable, sustainable and environmentally |
| understanding situations. | | | | friendly. |
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