How do I write a feasibility study?

Feasibility studies are a kind of report used for decision-making. Help the organization determine if a change in functionality can be made. For example, a feasibility study can help the company’s board decide whether to change equipment, use a different system, change the way they produce, or hire a contractor. external. In general, the feasibility study should not contain a “statement” because the author merely provides the provision of sufficient information to facilitate the decision-making process.

If you want to do a feasibility study, just start a blank screen in your word processor and write all pages from the beginning. However, if you want to speed up the process and get guidance, you can use a set of predefined templates, including templates for all sorts of topics as well as suggested templates, studies, and graphic designs to create a product. Excellent Appearance The predefined set of proposals is great for making business-only proposals, but writing financial proposals and creating any business documents.

Let us work back and forth through the basic organization of the feasibility study. The first page should be the title page of your study, eg. “Feasibility Study on relocating manufacturing from Baltimore, Maryland to Laredo, Texas” or “Feasibility Study to replace our warehouse system with the system”. PQR inventory. “Next, describe the goals you want to make with a change, then write a page for the needs analysis or a problem reporting page, where it will simply describe what the need or the problem is – in other words, why For example, you can indicate how obsolete your program is and no longer deal with your customers’ computer systems, or describe the difficulty of employing people with the skills your business needs, if your needs are complex, or If decision makers do not know the issues, they can add pages such as context, assumptions, definitions, reference material, etc. Provide all the information the reader needs.

Describe the possible solution after explaining the need or problem. He then explains the benefits of the solution, including increased productivity, cost savings, improved customer interaction, and more. After the benefits, you must write an impact statement that outlines the expected impact of the institution and the current process, as well as a description of the impact of the solution on your organization’s long-term plans.

Then discuss alternatives. These options should include other options (if any) and the option to take no action.

After analyzing the alternatives, describe any risks or deficiencies associated with implementing the solution, followed by the actual costs expected of the change.

A feasibility study can mean countless things to different people. The actual subjects used and the duration of the study differ significantly from one item to another. Here is the broad topic of the content library in various suggestions helpful. There are many topics to choose from, covering many different situations in which complex documents of all kinds can be put together.

Finally, you need to add a summary to your discussion. If your job is to help you make that decision, you may want to finalize the conclusion or recommendation.

If your report is extensive, you may need several additions and would like to insert the table of contents immediately after the title and / or index page at the bottom so that the reader can easily find the pages you want. ,

After writing all your studies, check each page and make sure everything looks professional. If you use a suggestion toolbox, you can choose a graphic design to make your studies more attractive, or use a standard format for formal use.

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