The term 'Evaluation' has a larger meaning and more exhaustive, covering all aspects of a project or business proposal, including utility, profitability, time frame, risk factors, market opportunities, competition, production, marketing and financial plans analysis, strategic strengths, synergies in case of a buying an existing business etc.,
Whereas the term 'feasibility' is generally referred to specific areas and usually limits the meaning to whether the project or business proposal is a worthwhile one in terms of technical, production, marketing and financial feasibility.
Feasibility Study Report
A Viability study is an in depth investigation of the profitability of the business idea to be converted into a business enterprise. A viability study may contain feasibility-, recommendation- or Evaluation report. http://en.wikipedia.org/wiki/Viability_study
A feasibility report is designed to answers questions about the practical possibility of pursuing a certain objective. Such basic questions as Can it be done? Is it practical? Is it achievable? Are there any pitfalls to consider? Will it meet the stated objective? and so on! A recommendation report is one step on! Such a report outlines the benefits of following a course of action! The likely benefits to be realised! The consequences of not doing it! Therefore it encourages the pusuit of the related course of action.
There are basically two features to a feasibility study report. One feature outlines the positive aspects of a business proposal. The other feature outlines the negative aspects of a business proposal.
This is a long subject, you might want to check this article: http://www.pmhut.com/initiating-phase-feasibility-study-request-and-report
A feasibility report is an investigation into whether a project is worth undertaking. The report looks at factors such as cost and time. A project report is exactly that - a report on a project which has been undertaken.
difference between feasibility report and project proposal
parts of feasibility report
1. Feasibility Study Request 2. Feasibility Study report
The feasibility study has 2 components:1. Feasibility Study Request2. Feasibility Study Report
You can write a feasibility study report using a pan or pencil. You can also write the feasibility study report. Using a word processor.
Feasibility report means whether a project is worth taking? since a project involves huge outlay if it is not feasible then it may be dropped.Feasibility report tells whether it is worth undertaking a particular project or not Project report on the other hand details out everything who are the promotors ,about the capital assets,how it is planned to be funded,Projected cash flows and projected balance sheet etc ,its marketing plans i.e everything in deatil about the projec t
A feasibility report is unlikely to be common knowledge you would need to ask the company for a copy.
a report is stating the facts plain and simple, whereas an evaluation is an analysis possibly with an opinion of the situation. An evaluation may also contain answers of how to improve the thing.
There are four phases that are involved in feasibility study. They are preparation, interview/ focus group, full report preparation and report presentation.
You can write a feasibility study report using a pan or pencil. You can also write the feasibility study report. Using a word processor.
Feasibility Study Report