The difference between the Adequacy assessment and the sustainability assessment in the project feasibility study The feasibility study consists of several basic points that greatly help in the success of that study. All steps must be implemented and none of them are ignored because they work in a circular motion. One of the episodes leads to an imbalance and an inability to carry out the feasibility study at the same level of feasibility required, so in this article we will explain to you what is the difference between a suitability assessment and a sustainability assessment in a project’s feasibility study.
The difference between an Adequacy assessment and a sustainability assessment
The suitability assessment focuses on whether the solutions address the problem (s) to be solved in that project.
While the sustainability assessment focuses on whether the solutions are sustainable and sustainable.
Meaning that it will continue for some time after implementing it on the problems in the project.
Some solutions may be more expensive over time than others.
For example, in the case of a project that requires more maintenance, and more resources with age,
Etc., the solution may at some point become more sustainable than another.
Sometimes you don’t get one solution that improves both
The importance of the feasibility study report
The importance of the feasibility study report, if you have some experience with feasibility studies, you may know that this report is very important
It greatly helps to get the most professionalism and success in the project that you are thinking of,
It is also often the responsibility of the project manager to control the writing of the report and it is comprehensive for all aspects of the project.
The importance of writing the report is to provide legal and technical evidence of project vitality, sustainability, cost-effectiveness, and project success
And obtaining profits, it also allows the process of preparing reports for higher management
In order to obtain the necessary information needed to make major decisions regarding budget preparation and investment planning,
Therefore, we will provide you with some important information on the importance of the feasibility study report.