The project proposal and the feasibility study and what is the difference between them, there is a lot of convergence between the project proposal and the feasibility study, so you must consider it very much in the event that you come to a new project because when you do not follow an appropriate plan for what you want to reach, the inevitability of access is more difficult, Therefore, it is preferable to choose the method that suits the goal that you have set.
Project proposal and feasibility study
There are many differences between the two concepts as the project proposal is an extended version of the sales book.
It is also based on specific activities and tasks in order to shift from the current situation to the desired goal.
It will also be a document in which there are several goals and objectives of the project, the methods used to reach those objectives, the mechanisms used, and the expected results.
There are two types of offers, the first being required and the other unwanted.
As the required type is formally required proposals such as a company formally presenting its proposals.
As for the proposals that are not required and are considered informal in nature, it is a method of persuading the customer to submit the offer.
As for the feasibility of the project, it is a specific technique that is carried out by researching the feasibility of this project, what is the likelihood of success, and expected profits, and many experts participate in decision-making.
Whereas, the feasibility study is a study of a product that the customer wants to promote that product in the market through a specific project.
Feasibility studies companies study the success of this person and the possibility of reaching his goal.
This indicates that the feasibility study is the main factor and strategy that is worked on to reach the goal and achieve success from the plan or project.
What is the difference between a business plan and a feasibility
What is the difference between a business plan and a feasibility study? There is a big difference between a business plan and a feasibility study
This is something that many people do not notice and make that mistake, which leads to delay in reaching the specified goal,
Especially if you did not use one of the companies specialized in that matter where they have a background greater than you have,
Therefore, we will explain what is the difference and what distinguishes the feasibility study from the business plan.