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💠What Is Included in a Feasibility Study Report (FSR)?
A feasibility study report (FSR) is a document that outlines the results of a feasibility study and provides a comprehensive assessment of the viability of a proposed project. A typical feasibility study report includes the following elements:
✅ Executive Summary: A brief overview of the purpose of the feasibility study, the main findings, and the conclusions.
✅ Problem Statement: A description of the problem or opportunity that the project is intended to address.
✅ Project Objectives: A clear definition of the project goals and objectives, including a description of the desired outcomes and benefits of the project.
✅ Market Analysis: An analysis of the target market, including demographic information, market trends, and the size and growth potential of the market.
✅ Technical Analysis: An assessment of the technical requirements of the project, including the feasibility of using existing technology, the feasibility of developing new technology, and the availability of technical resources.
✅ Economic Analysis: An assessment of the financial viability of the project, including a detailed cost-benefit analysis, revenue projections, and an analysis of the return on investment (ROI).
✅ Operational Analysis: An assessment of the operational requirements of the project, including an analysis of the impact on existing systems, processes, and resources, and the ability to implement the project within the existing organizational structure.
✅ Legal and Regulatory Analysis: An assessment of the legal and regulatory requirements associated with the project, including permits, licenses, and other approvals that may be required.
✅ Schedule Analysis: An assessment of the feasibility of completing the project within the required timeframe, including a detailed project schedule and an analysis of the availability of resources.
🚩 A feasibility study report is an important tool for project managers preparing for the Project Management Professional (PMP) certification exam. It helps to demonstrate the project manager's understanding of the key concepts and processes involved in conducting a feasibility study, including market analysis, technical analysis, economic analysis, and operational analysis.
Our program is designed to help professionals like yourself earn their PMP certification and advance their careers in project management. The PMP certification is highly respected in the industry and demonstrates a level of knowledge and skill in project management. Our training program includes expert instruction, interactive exercises, and practice exams to help you pass the PMP exam on your first try.
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