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Branch Name National Project Management System Business Projects-information technology-Enabled Feasibility PhaseInstructionsThis document is your template to producing a feasibility report, a key requirement for the definition of any project. Document PurposeA feasibility report is a document that assesses potential solutions to the business problem or opportunity, and determines which of these are viable for further analysis. The purpose of the feasibility report is to present the project parameters and define the potential solutions to the defined problem, need, or opportunity. Having brainstormed a variety of potential solutions, the project team expands on each of these potential solutions, providing sufficient detail, including very high-level costing information, to permit the project leader to recommend to the approving authority all of the viable potential solutions that should be further analyzed in the next phase (Business Case). Project constraints and limitations of expenditure are among the various factors that will determine viability. Using this TemplateTo create a feasibility report from this template, simply:
Revision HistoryNote: This table is only for example and contains no data.
Authority SignaturesPrepared by: (PSPC) / Signature Please print: Name: Position: Date: Prepared by: (PSPC) / Signature Please print: Name: Project Analyst: Date: Recommended by: (PSPC) / Signature Please print: Name: Title: Date: Approved by: (PSPC) / Signature Please print: Name: Title: Date: On this page
List of Appendices
1. Executive SummaryThe purpose of the Executive Summary is to provide a very brief overview of the most essential and decision-relevant information concerning the project. Suggested Content
2. Problem StatementBriefly identify the main problem, opportunity, or key issue that the proposed project is seeking to address. The problem or opportunity statement should be taken from the Statement of Requirement document. 3. Project Business RequirementThis section provides pertinent details regarding the context for undertaking the proposed project. This information should be based on the Problem Definition Section of the Statement of Requirement document. This is the section where information relevant to the initial analysis can be noted, such as the findings of an environmental scan (whether pertaining to technology or to what other organizations have done to support a similar business problem or opportunity), key parameters/constraints from relevant policy and legislation, key references to the conceptual version of the Architecture Solution document, and key points arising from the initial Concept of Operations document. 4. Assessment of OptionsThe purpose of this section is to list the possible options for satisfying the client requirements and to document the results of the feasibility assessment of each of the options. This may be done in a table format. Documentation will include the rationale to support viable options and to reject non-viable options. Project constraints and limitations of expenditure are among the various factors that will determine viability. In table format, such as the sample table below, assess each option against common high-level criteria. There should be one table for each option. Note: The evaluation criteria provided below are for illustration purposes. Add or remove criteria to suit the specific option. Note: This table is only for example and contains no data.
5. Risk Assessment of Viable OptionsList the top three to five risks for each of the viable options. Use a high-level, standard risk assessment process. Note: A more substantive risk assessment will be conducted for the business case. For the feasibility report, identify the results of the preliminary risk assessment of each option in terms of scope, time, cost or other considerations surrounding the problem/opportunity. These other considerations could relate to physical plant and installations, environment, infrastructure, and technical, political, legal, organizational or social factors, which may be derived from assumptions and constraints discussed in the preliminary project plan, and pertain to the project being able to attain its objectives. 6. Recommended Options for Further AnalysisSummarize the key findings of the option assessment. Identify which options will carry forward into the analysis phase and the business case. Appendix 1—ReferencesNote: This table is only for example and contains no data.
Appendix 2—GlossaryNote: This table is only for example and contains no data.
What kind of report discusses the solution of a problem or the best possible and feasible options available?Feasibility Report
This type of report 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"—whether it is practical in terms of current technology, economics, social needs, and so on.
What are the types of feasibility report?The 5 types of feasibility study are Scheduling Feasibility, Operational Feasibility, Legal Feasibility, Economic Feasibility, and Technical Feasibility.
What is the feasibility report of a project?A feasibility report is a document that assesses potential solutions to the business problem or opportunity, and determines which of these are viable for further analysis.
What is recommendation in feasibility study?RECOMMENDATIONS: the final section of feasibility and recommendation reports states the recommendations which flow directly from your conclusions and directly address the problem outlined in the introduction. These may sometimes be repetitive, but remember that some readers may skip right to the recommendation section.
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