Excerpt from Cooperative Feasibility Study Guide: The Project Cycle
A feasibility study should present the environ ment where the project will occur and describe its scope. The description should include the need for the project and how the group can accomplish the goals. The scope should include the key elements of all aspects of the project. Potential reaction by competitors should be included in the study.
Key elements will change depending on the nature of each project. As a rule of thumb, if reason able changes in a factor could make the project change from successful to unsuccessful, it is a key element. Examples could be the technology of production, vol ume of inputs, the market for goods sold, marketing channel, personnel cost, prices paid, and capital costs.
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