What Is The Difference Between Writing A Project Feasibility Study And Writing A Business Plan?
Posted by Prem in Posted Questions on 10 8th, 2009 | one response
thank you! i need a serious answer and as much as ossible with reference.
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A project feasibility study determines the viability or otherwise of a project. It studies options, obstacles and solutions.
Typical topics are: objective, benefits, obstacles, constraints, options, solutions to specific problems, viability analysis, risks, recommendations.
A business plan determines HOW you will run a business. It’s also a term mistakenly used for a Project Plan which states how, when and by whom a project will be conducted.
Typical topics are: objective, scope, budget, approach, schedule summary, key milestones, responsibilities, constraints, risks and mitigation activities, reporting mechanisms, tolerances and contingency plans.