unitFeasibilityReport.pptVIP

Feasibility Report 1. Definition and Purpose of a feasibility study? 2. What is a feasibility report? 3. Planning guide for feasibility report 4. Feasibility Report Format and Requirement 5. Details of the Standard Format Contents Definition and Purpose of a Feasibility Study A feasibility study is defined as an evaluation or analysis of the potential impact of a proposed project or program. A feasibility study is conducted to assist decision-makers in determining whether or not to implement a particular project or program. The feasibility study is based on extensive research on both the current practices and the proposed project/program and its impact on the relevant fields. The feasibility study will contain extensive data related to financial and operational impact and will include advantages and disadvantages of both the current situation and the proposed plan. The feasibility study is conducted to assist the decision-makers in making the decision that will be in the best interest of the school foodservice operation. The extensive research, conducted in a non-biased manner, will provide data upon which to base a decision. What is a feasibility report A report that is developed as a result of a feasibility study, and is presented to senior management to determine whether the project has sufficient merit to continue into more detailed phases. This type studies a situation (for example, a problem or opportunity) and a plan for doing something about it and then determines whether that plan is feasible--which means determining whether it is technologically possible and whether it is practical (in terms of current technology, economics, social needs, and so on). The feasibility report answers the question Should we implement Plan X? by stating yes, no, but more often maybe. Not only does it give a recommendation, it also provides the data and the reasoning behind that recommendation. Planning guide for feasibility report Team Members Client Overall Purpose Clients