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T24/05/14 REQUEST FOR PROPOSAL TO CONDUCT A PRE-FEASIBILITY STUDY FOR THE DEVELOPMENT OF A LODGE AND RESTAURANT AT BURKE S LUCK POTHOLES IN MPUMALANGA CLOSING DATE: WEDNESDAY, 11 JUNE 2014 AT 12:00
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How to fill out and conduct a pre-feasibility study:

01
Understand the purpose: Before starting the study, it is important to have a clear understanding of why you are conducting a pre-feasibility study. Determine the goal and objectives you want to achieve through this study.
02
Define the scope: Clearly define the scope of the study, including the boundaries, limitations, and expected outcomes. This will help you focus your efforts and resources effectively.
03
Gather relevant data: Collect all the necessary data and information related to the project or idea you are evaluating. This may include market research, financial data, technical specifications, and any other relevant data sources.
04
Analyze the data: Carefully analyze and interpret the collected data to gain insights into the feasibility of the project. Identify any potential risks, challenges, or opportunities that may influence the success of the project.
05
Conduct a market analysis: Evaluate the market demand, competition, and potential customer base for the proposed project. Understanding the market dynamics will help assess the viability of the project and its potential profitability.
06
Evaluate financial feasibility: Assess the financial aspects of the project, including costs, revenues, and cash flows. Conduct financial projections and sensitivity analysis to evaluate the financial viability and potential returns on investment.
07
Assess technical feasibility: Evaluate the technical requirements and capabilities needed to implement the project. Determine the availability of necessary resources, skills, and technology to execute the project successfully.
08
Consider environmental and social aspects: Take into account the environmental and social impacts of the proposed project. Assess any potential risks, compliance requirements, and measures that need to be taken to mitigate negative impacts.
09
Prepare a pre-feasibility report: Compile all the findings, analysis, and recommendations into a comprehensive pre-feasibility report. Present the report in a structured manner, including an executive summary, methodology, findings, conclusions, and recommendations.

Who needs to conduct a pre-feasibility study?

01
Entrepreneurs and startup founders: People who are planning to start a new business or venture can benefit from conducting a pre-feasibility study. It allows them to assess the viability of their business idea and make informed decisions about its feasibility before investing significant resources.
02
Project managers: Project managers involved in large-scale projects or initiatives can utilize pre-feasibility studies to evaluate the potential success and risks associated with their projects. It provides them with valuable insights to make better decisions and allocate resources effectively.
03
Investors and stakeholders: Investors and stakeholders interested in potential investment opportunities can rely on pre-feasibility studies to assess the viability and potential returns of a project. It helps them make informed investment decisions based on concrete data and analysis.
04
Government agencies and policymakers: Government agencies and policymakers often conduct pre-feasibility studies to evaluate the feasibility of proposed public infrastructure projects, policies, or initiatives. These studies help them determine the economic, environmental, and social impact of such projects and make informed decisions.
In conclusion, conducting a thorough pre-feasibility study is essential for individuals and organizations to evaluate the viability and potential success of a project or business idea.
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A pre-feasibility study is an initial assessment of a proposed project or business venture to determine its viability.
Typically, project managers, investors, or business owners are required to conduct a pre-feasibility study.
To conduct a pre-feasibility study, one must gather relevant data, analyze feasibility factors, and create a report outlining the findings.
The purpose of conducting a pre-feasibility study is to assess the potential success and risks associated with a project before committing resources.
A pre-feasibility study should include market analysis, financial projections, risk assessments, and recommendations for further action.
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