What is feasibility study & detailed project reporting?
A Feasibility Study is a formal project document that shows results of the analysis, research and evaluation of a proposed project and determines if the project is technically, environmentally, economically feasible, cost-effective and profitable.
Detailed project report is a complete document for investment decision-making, approval and planning.
Why is feasibility studies & detailed project reporting important?
The goal of a feasibility study is to thoroughly understand all aspects of a project, concept, or plan; become aware of any potential problems that could occur while implementing the project and determine if, after considering all significant factors, the project is viable and worth undertaking. The purpose of a project feasibility study is to know the different variables involved and how it will be influencing the project and business in the long run. Feasibility study will explore the objective and variables and look at alternative path options.
DPR (Detailed Project Report) is the primary report for the formulation of an investment proposal. Key decisions are made based on the details given in the report.
TÜV SÜD helps to evaluate and make optimal decisions about investment projects
TÜV SÜD stands apart from mainstream advisories by working solely within the power sector. This position allows us to deliver unrivalled specialist commercial and technical focus. Our experts have experience from a wide range of projects. TÜV SÜD Malaysia can help you choose the right answer before you spend money, time and resources on an idea that is not viable.
TÜV SÜD conducts feasibility study with a well-defined objective and follows an unbiased approach to provide information upon which decisions can be based. A feasibility study is simply an assessment of the practicality of a proposed plan or project. TÜV SÜD introspects “Whether the project is feasible? Does the project have the right people, tools, technology, and resources necessary to succeed? Will the project get the Return on Investment (ROI) expected?". We take all relevant factors into account including economic, technical, environmental, legal, and scheduling considerations to ascertain the likely successful implementation rate of the project. TÜV SÜD also provides customers with crucial information that could prevent them from entering blindly into risky projects.
TÜV SÜD prepares detailed project report as a base document for planning and implementing the project. We provide a clear road map and a detailed step-by-step approach in a progressive manner for the project execution. Our detailed project report is a bankable document. The relationship we have with investment bankers and funding agencies are surmountable. TÜV SÜD as a brand is recognised internationally for quality and safety.
What do feasibility studies & detailed project reporting services involve?
The primary goal of feasibility study is to assess and prove the economic and technical viability of the business idea. A project feasibility study allows exploring and analysing available opportunities and challenges and support in making strategic decisions on the necessity to initiate a project. It also includes an overall assessment of risks and strategies available to minimize those risks.
Detailed project report is prepared for the investment decision-making approval, and for execution of the project with a detailed plan.