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How to Write Marketing Aspect of Feasibility Study

In previous post, I wrote about how to write technical aspect of feasibility study. In this post, I want to share you how to write marketing aspect of feasibility study. This topic is important to ensure that the proposed product has market/specific market and to determine how much the capacity of product to be produced.

When I involved in the project, which was reactivation of carboxymethyl cellulose (CMC) plant, I learnt that Indonesia mostly imported CMC from China. Local producers of CMC in Indonesia were only two, PT Humpuss Karboksimetil Selulosa (PT HKS) and the other one (I forgot). The fact that Indonesia imported CMC means there are demand that cannot be met be local supply. So, marketing aspect aspect of feasibility will be started from supply and demand. Read More

Technical Aspect of Feasibility Study based on My Actual Experience

There are at least two aspects that make a feasibility study sounds: technical aspect and financial aspect. In this post I want to share you the first one: how to make technical aspect of feasibility study.

I have involved in three feasibility study projects. Each project has different technical aspect that being focused. I want to be more practical in this post, so I will share you example of what to write for technical aspect of feasibility study based on my current project.  Read More

Typical Content of Feasibility Study

Many people visited my blog because they searched about feasibility study. I wrote a bit about the topic years ago. I wrote it when I involved in my second feasibility study project, which is bankable feasibility study for ferronickel smelter.

In this post I want to share you typical content of feasibility study. The content actually may be different from one another, depends on the topic. But, after I involved in two previous feasibility projects and current project, I learnt that there is similarity about the structure of the content.

I hope you find this post is useful. Read More

How to develop Corporate Social Responsibility in Feasibilty Study

Today I got a new job from my BFS leader (Bankable Feasibility Study) in ferronickel project. He asked me to write some important points regarding Corporate Social Responsibility (CSR) aspect. It is pretty new for me, therefore I need to learn the principles first. I am very lucky because the leader gave me a really good example how to develop CSR. He gave me a handbook titled Social Responsibility in the Mining and Metals sectors in Developing Countries.

What is Corporate Social Rensponsibility?

The term “Corporate Social Responsibility” has been used since 1950, however its definition is not clearly defined. The publication in October 2010 of the International Organization for Standardization (ISO) Guidance on Social Responsibility (ISO 26000), furnished an internationally acknowledged definition.

Social responsibility is the responsibility of an organization for the impacts of its decisions and activities on society and the environment, through transparent and ethical behavior that:

  • contributes to sustainable development, including health and welfare of society
  • takes into account the expectations of stakeholders
  • is in compliance with applicable law and consistent with international norms of behavior
  • is integrated throughout the organization and practiced in its relationships Read More

The Difference between Pre-feasibility Study and Feasibility Study

In this post I want to share a little my knowledge and understanding regarding the difference between Pre-feasibility study and feasibility study. Most people who are working in business field are more familiar with feasibility study than pre-feasibility study. Actually, the principle of both study are similar. The difference is how deep the analysis will be.

What is pre-feasibility study?

Pre-feasibility study is a preliminary study undertaken to determine, analyze, and select the best business scenarios. In this study, we assume we have more than one business scenarios, then we want to know which one is the best, both technically and financially. In pre-feasibility we select the best idea among several ideas. It will be hard and takes time if we explore each scenario deeply. Therefore, shortcut method deem acceptable in this early stage and can be used to determine minor components of investment and production cost.

If the selected scenario is considered feasible, it is recommended to continue the study to feasibility to get deeper analysis of the selected project scenario. Read More