What Should be Included in a Feasibility Study?

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The answer to this question is provided in a new website that allows visitors to download a free E book called "5 Steps to Project Excellence". The book identifies all the important elements that need to be included in a feasibility study together with a detailed description of the complete process from the initial idea to the execution plan.

Piexe Limited, a London-based company that specializes in the execution of Feasibility Studies, launched a new website this week that shows how to produce excellent feasibility study reports that can be used to obtain project funding. The website is http://www.feasibilitystudyexpert.com

The website allows visitors to download an Ebook called "5 Steps to Feasibility Study Excellence" which has been written by Will Witt the founder of Piexe Ltd. This book describes the methods that the big international companies use to undertake their Feasibility Studies and how they can be adapted for feasibility studies of any type or size.

Witt is a professional Civil Engineer who has been doing Feasibility Studies for most of his career of over 30 years on a large variety of projects both large and small up to US$10 billion in size. After seeing so many very poor "Terms of Reference for Feasibility Studies" he had the idea of setting up a specialist website that would help non-professionals do their own studies without having to rely on consultants.

"The methods that the big international companies use are all quite simple and similar in their approach and also remarkably effective and they can be used by anyone on projects of any size," said Witt.

He went on to say that "It is quite simple in principle -- Identify all the realistic do-able alternatives, analyze each alternative, then select the best one and plan the project execution in detail."

Witt identified the "5 Steps" from the Ebook title :

1.The preparation of a "Project Shell" document that identifies the opportunity, the current circumstances, the strategic fit, constraints, assumptions and uncertainties.
2.The identification of all the development options that should be considered and the selection of the preferred option.
3.The finalization of the scope of the selected option, preparation of the documentation for the surveys and any special studies that are required and their execution.
4.The submission of consent applications, optimisation of the preferred option and the preparation of a detailed project execution plan
5.The assessment of the study results and the final go/no go decision

Piexe Limited offers several different services that support the execution of feasibility studies. For further information visit the website http://www.feasibilitystudyexpert.com or call Will Witt on +44 207 100 3551

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WILL WITT
Piexe Ltd
+207 100 3551
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