09 - civil engineering project feasibility
TRANSCRIPT
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ENGINEERING PROJECTFEASIBILITY STUDY
Dr. Qaiser Iqbal (CED UET Peshawar)
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Project Feasibility
1.Viability of Idea
2. Analyzing Feasibility ( Possibility) of Project Possibility of Completion ? Will it be Successful3.Reasonable likelihood - constraintsWill Not prevent a project from meeting key
objectives4.Synonym: Achievability
5.Plng & Organisation Procedure
-To Ensure Project is Effective
-It will work.
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Feasibility
Reasonable likelihood thatConstraints onTime& Other Resources
will notPrevent a Projectfrom
meeting itsKey Objectives
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What is Feasibility?
Capable of being done,with means at Hand &
Circumstances, asthey are.
Purpose of a Feasibility Study
To help assessViability of a business/project/construction/
serives idea-
Technically, Operationally & Economically
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Is the disciplined & documented process ofthinking through an idea from its Logicalbeginning to its Logical End.
This is to determine its Potential to be a viableproject given realities of the Economic & Socialenvironment in which it will operate
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Provide Client with a solid foundation uponwhich a project is built.
Feasibility Study Provides
Concept identification, Estimates of supportable market, Design parameters, Estimates, Revenue projections Net warranted investment.
Essentially Road map of project
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Process of Analysis
Identifyproblem oropportunity
Set upfeasibility
study
Define scopeand
objectives
Carry outdifferent
aspectsof the study
Recommend
proceed/shelve
Evaluatealternativesdevelop/buy
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Scope Statement
A written scope statement includes:
Project JustificationProject ObjectivesMajor DeliverablesCriteria: Project/ or PhaseSuccessfully Completed
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Project Charter
Formally Recognizes Existence of aProject
Gives Project Manager Authority to ApplyResources to Project.
Product/project to be Delivered ?
Refers to Business Need Project isAddressings
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Types of Feasibility
Technical Feasibility
Managerial Feasibility
Economic Feasibility
Financial FeasibilityCultural Feasibility
Social FeasibilitySafety Feasibility
Political Feasibility
Environmental Feasibility
Market Feasibility
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Tech Feasibility- First systematic
investigation of Project Design Viability.Foundation of all other FS .
- Assessment of a Project Capabilities.-Investigation of Technical & Physical Parameters
Technical Feasibility Reviews:
-Technical Capability of Human Resource
-Capability of Available at Technical side
Foreign consultants Role -
-Too rigid, & Advanced Tech Specification plant/
equipment not available locally
- Cannot be met by Country.
Question is Can it be built?
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Technical Feasibility (TF)Anticipate Broader Problems with Questions:
1. Adequate Choice of Available Technologies forAlternative Designpurposes, considering:
a. Physical layoutb. Engineering designc. Availability of raw materials?
2. Costs of Constructing & OperatingP-Facilities - Servicesa) Machinery, b ) Equipment, c) Spare Parts?
3. Manpower Requirements:a) From professional to laborb) locally available?c) Responses vary sector to sector (e.g. road to dam)
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Technical Feasibility (TF) Contd..
Primary task of TF is Blueprinting:a) Manpower Needsb) Resources, and Designc) Provide Design Alternativesd) A Choice of Available Technologies,
& Cost estimates for each alternative.
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+/,%-01#-#2"3%#' 4(5/) 6+1 47Evaluates Strategy of company in Carrying OutProject Activities.
Providing info & Guidelines-
Used to improve overall Project Administration.
Examines 4 Components:
A. External linkages,b. Internal organization,c. Personnel, andd. Management plan
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Economic Study (Econ S)
Examines a Proposed Project in terms
of:
Net Contribution to Industry /Economy
& To society.
Address 3 Related Questions:
1. Project Responsive to Urgent Present orAnticipated Economic/Socialneed?
2. Planned Economics of project Serve IntendedPurpose?3. Services Proposed to be Performed by Project
4. Benefits - Justify Project Cost?Return rates etc.
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Economic Study (Ec S)Requires Study of all ofEcon Implications of
Project:a)Demand & Supply of All Project Operations
b)Projects Ability to Increase employmentc)Projects Multiplier" Effects (-Increase Purchase of
goodsEffect)d) Effect on increase in Publics Sector Revenue (income tax, sales),
e) use of Locally Available resources.
Assess Projects Net Contribution to Econ/social welfare ofcommunity.
Comparison of Econ & SocialBenefits-generated
From Project -Vs Costs of Construction & Operations.
Benefits > CostProject is Economically feasible. Profitability analysis isconducted.
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Financial Feasibility-Capability of Proj Org -Raise Funds to implement
proposed project from funding bodies (WB,
ADB, IMF, various regional forums)(off course different from economic feasibility)
Cultural Feasibility-
Compatibility of Proposed Project vs cultural
setup of Proj environmentSocial Feasibility-
Addresses influences of Project on Social
System in Proj Environment
Safety FeasibilityConsidered in Project Planning.
Analysis if Project Capable of Implementation
& Operated Safely -Minimal Adverse effects on
masses.
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Environmental Feasibility-
-Concern must be shown-Action must be taken to address any &
all environmental concerns raised or anticipated-Mega Dams issues (Aswan Dam)
- New Murree Project
Political FeasibilityReferred - Politically Correct Project."
Political considerations often dictatedirection for a proposed project
(Kalabagh dam)
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Proj Feasibility
Market Feasibility-Market Variability & impact on Project.
Not confused with Econ/ F
Market needs analysis to view:a) Potential Impacts of Market Demand
b) Competitive Activities, etc.
c) Divertible" Market Share Available
e.g. Comparison of Furnace oil powergeneration with Hydal in PAK