Project Preparation is the process that allows for technical feasibility studies, economic, financial, social, environmental and legal information in order to gather information for the preparation of cash flow project to this end the project entities must perform feasibility study for investment projects for the realization of this should apply methodologies Preparation and Evaluation.
The pre-feasibility study including technical analysis - Economic Alternatives investment to provide solutions to the problem. The objectives of the feasibility is accomplished through the preparation and evaluation of projects to reduce the margins of uncertainty through the estimation of indicators of socio-economic benefit and support private investment decisions. The source of information should come from secondary sources.
The feasibility study should focus on identifying alternatives and technical analysis of them, which must be incremental. That is, should be performed comparing the situation "with project" with the "without project." The study feasibility must be at least the following:
- Diagnosing the current situation, identifying the problem to solve with the project. To this effect, should include an analysis of supply and demand for the good or service that the project will generate.
- The identification of the situation "without project" which is to establish what would happen if you do not run the project, considering the best use of available resources.
- The technical analysis of engineering alternatives proposed techniques to determine the costs of investment and operating costs project.
- The size of the project to determine its capacity.
- The location of the project, which includes analysis of supply and consumption of inputs and distribution of products.
- analysis of current legislation applicable to the project on specific issues like environmental pollution and waste disposal.
- environmental specs.
- Socio-Economic Assessment Project to determine the suitability of its execution and which incorporates environmental costs generated by externalities consistent with the environmental tab.
- private financial evaluation of the project without funding to establish their operational sustainability.
- sensitivity analysis and / or risk, when appropriate, the variables that directly affect the profitability of the alternatives considered more suitable.
- The findings recommend allowing any of the following decisions:
- Delaying the project. Recast
- project.
- abandon the project.
- continue its feasibility level study.
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