Feasibility Analysis and Appraisal of Projects

  • Louis J. Goodman


Figure 1.1 shows the formulation of a project is the second task in the planning process and involves the articulation of objectives or goals and outputs. It must also provide an estimate of the various resources required to achieve the objectives. This makes it possible to develop a preliminary design as the basis for conducting feasibility studies to determine if the project can be implemented according to the standards and criteria set forth in the preliminary design. Appraisal consists of an evaluation of all of the feasibility studies to determine the ability of the project to succeed. Thus, feasibility analysis and appraisal form the critical juncture in the integrated project cycle.


Feasibility Study Project Planning Preliminary Design Unskilled Laborer Feasibility Analysis 
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Copyright information

© Van Nostrand Reinhold Company Inc. 1988

Authors and Affiliations

  • Louis J. Goodman
    • 1
  1. 1.UCLAUSA

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