The economic feasibility study cycle, the economic feasibility study is one of the most important studies in the feasibility study due to its importance to the owner of the project, so the economic feasibility study is considered a cycle that must be completed, several stages in which a single stage cannot be dispensed with, to be a complete integrated study.
The objectives of the economic feasibility study course
Determine all investment costs.
Determine all expenses related to production and operation operations.
Knowing the capital needed to carry out the project.
It also provides all sources of financing if it is loans or others.
How to calculate cash flow for deficit or increase.
Establishes a plan that defines the repayment period of financial obligations.
Calculate net profit.
The rate of economic return.
Calculate the monthly cost and then the annual cost and determine the profitability of the project.
The importance of the economic feasibility study
The economic feasibility study works to save effort and money, it is concerned with the financial and economic aspects often and works to avoid wasting money, and it is also concerned with all the details and financial data to determine the profitability of the project to help the project owner in making his decision to implement this project or not to implement it.
Course and steps of the economic feasibility study
Preparing the income statement, which is a list in which all the revenues from the expected sales operations are placed, along with all operations, including revenues and salaries.
Measuring the profitability of the project, which is the results of the project from the net profits after covering all expenses.
Calculating the investment costs, which is a list in which all fixed assets are placed, along with the variable assets, and then the capital costs are calculated.
It is known that the economic study can only be done after completing a market feasibility study and after conducting a technical feasibility study, where the sales value is determined from the market study, and the cost value is determined from the technical study. Therefore, we offer you the best companies specialized in providing a professional feasibility study due to what it contains from an integrated team that has great experience in creating professional feasibility studies, which is the technology company. It also provides you with a discussion service on the project you are thinking of, giving realistic ideas and more successful studies.
The economic study of the project
The economic study of the project is one of the most important stages of the feasibility study, as all costs, revenues, and profits of the project are identified through this study, and it is worth noting that it is not possible to do an economic feasibility study before the market and technical study of the project because it relies heavily on those studies. Watch here