Project Feasibility: Tools for Uncovering Points of Vulnerability

The book offers tools to assess project feasibility, including psychodynamic aspects, and identifies vulnerabilities in People, Power, Processes, and Plan to ensure project success.

Format: Paperback / softback
Length: 546 pages
Publication date: 31 March 2021
Publisher: Taylor & Francis Ltd

This book presents a comprehensive set of tools designed to assist in making informed decisions regarding the advancement, enhancement, or abandonment of a project. By conducting a thorough review of project feasibility analysis, it delves into the often overlooked psychodynamic aspects that involve stakeholder interactions. This book serves as a valuable complement to the commonly employed techniques for assessing technical, financial, and marketing feasibility. Its primary objective is to uncover hidden truths and eliminate the gray areas that pose a threat to the success of a project. The focus lies in identifying vulnerabilities within four critical aspects of a project: People, Power, Processes, and Plan.

The book begins by exploring the concept of project feasibility analysis, which involves evaluating the viability of a project based on various factors. It highlights the importance of considering both technical and non-technical aspects, such as stakeholder needs, market conditions, and environmental factors. The author emphasizes the need to conduct a comprehensive feasibility analysis to ensure that all relevant factors are taken into account.

One of the key aspects of project feasibility analysis is the psychodynamic aspects. These aspects involve the interactions between stakeholders and the project. The author argues that these interactions can have a significant impact on the success of a project. For example, if stakeholders are not aligned with the project's goals, they may be resistant to change or may not provide the necessary resources.

The book provides a detailed review of the psychodynamic aspects of project feasibility analysis. It discusses the different types of stakeholders, their interests, and their influence on the project. It also explores the role of communication and negotiation in resolving conflicts and achieving consensus.

In addition to the psychodynamic aspects, the book also covers technical, financial, and marketing feasibility. Technical feasibility involves assessing the technical requirements of the project and determining whether they can be met. Financial feasibility involves assessing the financial viability of the project and determining whether it can generate a profit. Marketing feasibility involves assessing the marketability of the product or service and determining whether it can attract customers.

The book provides a step-by-step guide for conducting a feasibility analysis. It includes a checklist of questions that should be asked during the analysis, as well as examples of successful and unsuccessful projects. The author also provides tips for improving the feasibility of a project.

One of the key tips for improving the feasibility of a project is to involve stakeholders in the analysis process. The author argues that stakeholders can provide valuable insights and feedback that can help to improve the project. However, it is important to ensure that stakeholders are involved in a meaningful way and that their input is taken seriously.

Another tip for improving the feasibility of a project is to conduct a thorough market analysis. The author argues that a thorough market analysis can help to identify potential customers and competitors. It can also help to determine the pricing of the product or service.

In addition to the tips for improving the feasibility of a project, the book also provides a discussion of the challenges that can arise during the feasibility analysis process. These challenges include resource constraints, time constraints, and political constraints. The author provides strategies for overcoming these challenges.

One of the strategies for overcoming resource constraints is to prioritize the project's goals. The author argues that by prioritizing the project's goals, it is possible to allocate resources more effectively.

In addition to prioritizing the project's goals, the book also provides strategies for overcoming time constraints. The author argues that by breaking the project into smaller tasks and setting deadlines, it is possible to complete the project on time.

In addition to overcoming resource constraints and time constraints, the book also provides strategies for overcoming political constraints. The author argues that by engaging with political stakeholders, it is possible to gain support for the project.

In conclusion, this book presents a comprehensive set of tools designed to assist in making informed decisions regarding the advancement, enhancement, or abandonment of a project. By conducting a thorough review of project feasibility analysis, it delves into the often overlooked psychodynamic aspects that involve stakeholder interactions. This book serves as a valuable complement to the commonly employed techniques for assessing technical, financial, and marketing feasibility. Its primary objective is to uncover hidden truths and eliminate the gray areas that pose a threat to the success of a project. The focus lies in identifying vulnerabilities within four critical aspects of a project: People, Power, Processes, and Plan.

Weight: 1089g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367782474