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The document outlines a project proposal for the production of Mums-for-Mums Nutrient Rich Mashed Grains, emphasizing the importance of conducting a feasibility study to assess the project's viability, risks, and benefits. It details the objectives, expected accomplishments, indicators of achievement, main activities, and budget narrative necessary for successful project implementation. The feasibility study aims to provide a comprehensive analysis to guide stakeholders in making informed decisions about the project.

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Awetahegn Hagos
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0% found this document useful (0 votes)
2 views4 pages

Doc1

The document outlines a project proposal for the production of Mums-for-Mums Nutrient Rich Mashed Grains, emphasizing the importance of conducting a feasibility study to assess the project's viability, risks, and benefits. It details the objectives, expected accomplishments, indicators of achievement, main activities, and budget narrative necessary for successful project implementation. The feasibility study aims to provide a comprehensive analysis to guide stakeholders in making informed decisions about the project.

Uploaded by

Awetahegn Hagos
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Concept Note

On Undertaking Project Proposal for Mums-for-Mums Nutrient Rich


Mashed Grains (Mitten ምጥን) Production
I. Background
Throughout the country, women (especially mothers) supporting centers are producing dynamic
programming that’s impacting communities in remarkable ways. Their campaigns are using
innovative methods to support these women to be food secure and generate income. Their
supporting centers are keeping mothers physically, mentally and economically fit. Their
strategies are producing the next role model women. However, these important supporting
centers require planning before their purpose is realized. Every community center starts as an
idea. However, that idea must be tested and refined. Resources are invested into this type of
project so it’s critical to determine if the circumstances surrounding it make it viable. This can be
done through the creation of a feasibility study.

Project’s feasibility study is crucial before undertaking a project because it improves project
teams’ focus, identifies new opportunities, provides valuable information for a “go/no-go”
decision, narrows the business alternatives, identifies a valid reason to undertake the project,
enhances the success rate by evaluating multiple parameters, aids decision-making on the project
and identifies reasons not to proceed.

A feasibility analysis can help assess whether a suggested project is within reach or not, in terms
of funding availability, marketability of the project, profitability, and the availability of the
resources that matter.
To increase the chances of success, project managers should avoid commencing a project before
studying its feasibility.
A thorough feasibility study should convince stakeholders to invest in a project because it reveals
all the legal, technical, and economic requirements.
Stakeholders will only turn down an unprofitable or non-doable project after a thorough look into
its feasibility.
Feasibility studies are important for projects because they provide a comprehensive analysis of
the project's viability, potential risks, and potential benefits. A feasibility study can help
determine whether a project is viable, economically feasible, and can meet the goals and
objectives of the project.
Key reasons why feasibility studies are important for projects are:
1. Assessing project viability: A feasibility study helps determine whether a
project is feasible, and if it can be completed within a specific timeline and
budget.
2. Identifying potential risks: A feasibility study can help identify potential risks
and challenges that may arise during the project implementation phase. This
can help project managers and stakeholders develop effective mitigation
strategies to reduce risks and avoid potential project failures.
3. Providing cost estimates: A feasibility study can help provide cost estimates for
the project, which can help stakeholders make informed decisions about
whether to proceed with the project or not.
4. Determining project scope: Feasibility studies can help determine the scope of
the project and identify any limitations that may impact its success.
5. Identifying potential benefits: A feasibility study can help identify potential
benefits that the project may provide, such as increased revenue or improved
efficiency, which can help stakeholders evaluate the project's potential return
on investment.
Overall, feasibility studies are an essential tool for project managers and stakeholders to assess
the viability of a project, identify potential risks and benefits, and make informed decisions about
whether to proceed with the project.
Thus this feasibility study is intended to undertake the project proposal for Mums-for-Mums
Nutrient Rich Mashed Grains (Mitten ምጥን)
II. Objective
The overall objective is to carryout project proposal for Mums-for-Mums Nutrient Rich Mashed
Grains (Mitten ምጥን) Production by incorporating market, technical, financial, economic,
environmental and social feasibility studies.
III. Expected Accomplishments
1) Well documented, proven and tested design, engineering techniques, construction
technology and operation of the project.
2) More reliable and relevant forecasted demand for the project’s products and highly
accurate forecast of the project’s raw materials supply sufficiency and predictability of its
demand & supply
3) Better enhanced and detailed presentation of the project’s environmental and social risk
assessment report.
4) Concise and precise report description of the financial and economic feasibility of the
project by indicating assumptions that represent the prevailing real situation with accurate
report of affordability assessment report.
IV. Indicators of Achievement
A. Workshop and machine layout designs presented via structural engineering soft wares.
B. Workshop and machinery 3D view presentation and floor layout plan.
C. Presentation of projected demand and supply for about ten years for the project’s
products and raw materials.
D. Reports of financial statements, ratios and economic parameters
E. The project’s externality report in terms of environmental and social such as involvement
of poor communities and gender inclusive design and implementation mainstreaming.
F. Interpreted and presented values of Internal Rate of Return (IRR), Net Present Values of
the cash flows (NPV), Break-even Analysis and Payback Period of the investment.
V. Main Activities
1. Describe the major technical and operational characteristics of the project, including
whether this type of project has been done before and whether it relies on available,
proven and tested technology.
2. Identify any significant potential risks related to the design, engineering, construction and
operation of the project.
3. Undertake market viability of the project’s product, that is, describe the anticipated
demand for the project’s product and the extent of supply of raw materials that is likely to
be available regarding the sufficiency and predictability of this demand and supply.
4. Development of preliminary environmental risk assessment, that is, identify any existing
or foreseeable environmental issues, including whether the project presents a significant
risk to any natural resources, the project’s contribution to greenhouse gas emissions, and
resiliency to potential natural or human induced hazards.
5. Establish financial and economic viability of the project and indicate financing
assumptions including affordability assessment.
6. Development of preliminary social risk assessment, that is, identify existing foreseeable
concerns that may affect the project’s social acceptability, including whether the project
will entail any resettlement/ displacement, or other risks to the health or quality life of
end-users, workers, or the local population.
7. Describe the legal and institutional framework that governs delivery of the project, that
is, the legal basis for delivering the project, including reference to any laws or regulations
that provide for, govern and restrict.
VI. Budget Narrative
The required budget is estimated at Birr , broken down as follows.
Cost Category Required Budget Remark
(in Birr)
Technical Feasibility Study
Operational workshop and machine layout design and
engineering execution
Market viability study
Financial and economic feasibility study
Environmental and social risk assessment
Operating expenses thereof
Sub-total
Contingency (5% of the above sub-total)
Total Required Budget

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