Preparing economic feasibility studies

Preparing economic feasibility studies - Wersja do druku

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Preparing economic feasibility studies - merehan - 08.09.2021

Preparing economic feasibility studies
Economic feasibility is a study carried out by the owner of the project idea with the aim of collecting information about his proposed project, and then analyzing what he has of data and strategies to know the feasibility and success of the project

And reduce the risks that he may be exposed to and achieve the largest possible amount of profits, and therefore the investment feasibility study clarifies the required investments, the expected return and external influences on the project such as its loss and comparison with the local or international market, and knowing how many people need it

How to prepare an economic feasibility study
To prepare an economic feasibility study, it is necessary to study the local market in terms of requirements and needs, by searching for the following elements:

marketing feasibility
This stage is considered one of the most important stages of the economic feasibility study. Because it is concerned with the arrangements for marketing the project's products, the amount of supplies and inputs necessary to operate it, as well as the outputs and results of the project, and an accurate market analysis.

Therefore, anyone who studies the market must determine the place of selling the project's products, and the size of the market, and must achieve distinction in the price of its products, quality, promotion and distribution.

Technical feasibility
Financial, economic, social, and environmental studies depend on technical feasibility. Studies in the previous fields can only be conducted by establishing and organizing the project from a technical point of view, and a specialized team in this study relies on the information in the marketing study.

financial viability
There is no doubt that every project has costs and returns that are realized after the implementation of the project, whether they are investment costs or ongoing, so this study aims to determine everything that is spent on the project from the stage of thinking about it to its normal operating cycle, and it also includes the costs of wages, salaries, and fuel, energy, water and electricity bills, etc.

Environmental Viability
It aims to study and evaluate the positive and negative environmental impacts resulting from the project in order to provide recommendations and suggestions to improve the performance and efficiency of workers, prevent or reduce environmental damage resulting from any investment project and increase the environmental and human benefit through preserving the environment and achieving the welfare of the population.

translated from:
خطة عمل مشروع
دراسة جدوى سوبر ماركت
كيفية عمل دراسة جدوى

RE: Preparing economic feasibility studies - GregoryCak - 25.03.2024

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