Question: Project feasibility report is a report prepared by identifying and conceptualizing a novel prospective business proposal and evaluating it on the basis of various feasibility

 Project feasibility report is a report prepared by identifying and conceptualizing

a novel prospective business proposal and evaluating it on the basis of

Project feasibility report is a report prepared by identifying and conceptualizing a novel prospective business proposal and evaluating it on the basis of various feasibility criteria such as market feasibility, financial feasibility, technical feasibility & organizational feasibility. A feasibility study is the preliminary project stage of any business plan. It is conducted in order to objectively uncover the strengths and weaknesses of a proposed project or an existing business. It helps to identify and assess the opportunities and threats present in the natural environment, the resources required for the project, and the prospects for success. Students are required to take a novel idea and develop a feasibility report for it. Prepare a 2000 words feasibility report of a new and innovative business idea that can be developed in local Oman market. a. Evaluate the project on Market feasibility criteria such as Potential market, potential customer, existing competition etc. b. Evaluate the project on financial feasibility criteria such as estimation of capital, costs and revenue etc. C. Evaluate the project on technical feasibility criteria such as product features, plant capacity machinery requirement and supply of materials etc. d. Evaluate the project on organizational feasibility criteria such as organizational structure, manpower estimations, authorities and responsibilities etc. e. Report the feasibility findings based on market feasibility, finance feasibility, technical feasibility and organizational feasibility f. Finally, assess and report the proposed business feasibility

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