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Technical Feasibility: Presented by Chandan Singh

The document discusses the technical feasibility analysis of a project. It explains that technical feasibility focuses on whether the required technologies and resources are available to implement the project. The key components of a technical feasibility study include evaluating the manufacturing processes, ensuring use of latest developments, analyzing the suitable location and site, identifying required machinery and equipment, and creating a project chart and layout. The primary task is to provide design alternatives and cost estimates for different technology options.
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0% found this document useful (0 votes)
144 views18 pages

Technical Feasibility: Presented by Chandan Singh

The document discusses the technical feasibility analysis of a project. It explains that technical feasibility focuses on whether the required technologies and resources are available to implement the project. The key components of a technical feasibility study include evaluating the manufacturing processes, ensuring use of latest developments, analyzing the suitable location and site, identifying required machinery and equipment, and creating a project chart and layout. The primary task is to provide design alternatives and cost estimates for different technology options.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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TECHNICAL FEASIBILITY

PRESENTED BY
CHANDAN SINGH
CONTENT
• INTRODUCTION
• BENEFITS OF FEASIBILITY STUDY FOR ANY COMPANY
• TYPES OF PROJECT FEASIBILITY
• TECHNICAL FEASIBILITY
• PRIMARY TASK OF TECHNICAL FEASIBILITY
• MAIN COMPONENT OF TECHNICAL FEASIBILITY
 Manufacturing process/technology
 Latest development
 Location and Site
 Machineries and Equipments
 Project chart and layout
INTRODUCTION
FEASIBILITY
• Feasibility is the first stage in the process
of project development.
• A feasibility study is an analysis of the
viability of an idea through a disciplined and
documented process of thinking through the
idea from its logical beginning to its logical
beginning to its logical end.
FEASIBILITY
• A feasibility study evaluates the project's
potential for success.
• feasibility study is an analysis of the viability of
an idea. It ensures that a project is legally and
technically feasible and economically
justifiable.
• A feasibility study always focus on the
practically of an idea according to identifying
possible problems.
BENEFITS OF FEASIBILITY STUDY FOR
ANY COMPANY
 Conducting a feasibility study is always
beneficial to the project and it gives a clear
picture of your idea:
• Its gives focus to the project and alternative
outline.
• Identifies the reason to do the project.
• Helps in decision making of project.
• Provides a detailed documented status to the
business.
OVERVIEW OF PROJECT FEASIBILITY STUDY

There are different areas of project feasibility:


• Technical feasibility
• Operational feasibility
• Economic and commercial feasibility
• Managerial feasibility
• Schedule feasibility
• Social feasibility
TECHNICAL FEASIBILITY
• Technical Feasibility assessment is focused on
the present technical resource available in the
organization.
• It studies if the technical resources including
the technical team are capable of converting
the ideas into working system.
• It also evaluates the hardware and the
software requirement of the proposed system.
TECHNICAL FEASIBILITY
 Technical feasibility analysis is an attempt to study
the project basically from a technician’s angle. The
main aspect to be considered under this study are
technology of the project :
• Size of the plant
• Location of the project
• Pollution caused by the project
• Production capacity of the project
• Strength of the project
• Emergency or stand by facilities required by
the project sophistication such as automation
• Mechanical handling
• Required collaboration agreements
• Production inputs and implementation of the
project
Primary task of Technical Feasibility

Primary task of TF is Blueprinting:


a) Manpower Needs
b) Resources, and Design
c) Provide Design Alternatives
d) A Choice of Available Technologies, & Cost
estimates for each alternative.
MAIN COMPONENT OF TECHNICAL ANALYSIS

There are following main component or section of


technical analysis:
Manufacturing process/technology:- For
manufacturing a product often two or more
alternative technologies are available. For
example,
 Soap can be made by the semi-boiled process or
the fully boiled process.
 Soda can be made by the electrolysis method or
the chemical method.
LATEST DEVELOPMENT

• The technology adopted must be based on the


latest developments to time to time.
• Old technology in Agriculture field
New technology in Agriculture field
Location and Site
• Location and site of any company or project is
very essential part of technical feasibility.
• The choice of location and site follows an
assessment of demand, size, and input
requirement of any project or company.
• Location and sizes are closely inter-related
Machineries and Equipments
• The requirement of Machineries and equipments
is dependent on production technology and plant
capacity. It is also influenced by the which type
of project.
• The equipment required for the project may be
classified into the following types:
 Plant process equipment
 Mechanical equipment
 Electrical equipment
 Internal transportation system
EXAMPLE OF AGRICULTURE EQUIPMENT
FOR AGRICULTURE PROJECT FOR ANY FIRM
PROJECT CHART AND LAYOUT
 Once data is available on the principle dimensions of the
project. They are
• Market size
• Plant capacity
• Production technology
• Machineries and equipments
• Building and civil work
• Supply of inputs to the project
• Transport layout- This shows the distances of transport
outside to production line.
• Communication layout- This shows the various parts of the
project will be connected with telephones, internet etc.

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