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Initiating Phase – Feasibility Study Request and Report

Initiating Phase – Feasibility Study Request and Report (#5 in the series Initiating Phase)
By Michele Berrie, Queensland University of Technology

Feasibility Study Request

The Project Proposal Template may be used to request funding to conduct a Feasibility Study, which in turn is used to provide an analysis of the objectives, requirements, and concepts of the proposed work, including justification, schedule, and deliverables. Its main purpose it to determine the technical and financial viability of a proposed change as well as to assist in identifying or clarifying activities, cost, timeframes and/or requirements (system and/or business). During the analysis, the objectives of the proposed work are defined based on the needs identified.

Depending on the project, the Feasibility Study may be Stage 1 of a large project. The Feasibility Study may also be used to conduct a preliminary part of project where it is unclear how to quantify the resources or if the product/system/process to be implemented needs to be identified before progressing to complete a Project Proposal. Read the Complete Article

Initiating Phase – Project Proposal

Initiating Phase – Project Proposal (#3 in the series Initiating Phase)
By Michele Berrie, Queensland University of Technology

The Project Proposal defines the conceived project as the basis for approving and reserving funding for a project. Care must be taken in preparing the document to present the project’s case accurately. Compelling reasons for carrying out the project in the form of specifying clear, quantifiable benefits and mechanisms for realising them beyond the end of the project are usually required.

The relevant business area usually prepares the project proposal. During the process, the outcomes of the project must be considered and planned for. This means that the Activity Completion Report (and Post Implementation Review for a major project) and its requirements should kept in mind at all times during the Planning Phase and throughout the life of the project.

It is vital to consult as many stakeholders as possible in the proposal process to ensure that all aspects of the project are considered and included in the proposal, then in the Project Plan. Read the Complete Article

Initiating Phase – Project Notification

Initiating Phase – Project Notification (#2 in the series Initiating Phase)
By Michele Berrie, Queensland University of Technology

Project Notification advises that proposing and developing a project is being considered. Information supplied is succinct and broad in nature.

This information may be used to review the list of other projects to determine overlap or redundancy with these projects or systems and to identify integration issues. The potential project may be discarded before much effort has been expended if conflicts or other impacting factors are evident.

Queensland University of Technology (QUT) is a highly successful Australian university with an applied emphasis in courses and research. Based in the city of Brisbane with a global outlook, it has 40,000 students, including 6000 from overseas, (QUT Statistics) and an annual budget of more than AU$500 million. Courses are in high demand and its graduate employment rate is well above the national average for Australian universities. Read the Complete Article

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