A Feasibility Study Proposal is essential when organizations need to evaluate the viability of a potential project or investment. This document type is commonly used in the United States across various industries and must comply with federal and state-specific regulations. The proposal outlines the methodology, timeline, cost, and deliverables for conducting the feasibility assessment. It serves as both a technical framework and a legal agreement between the study provider and the client. When drafting a Feasibility Study Proposal, particular attention must be paid to regulatory compliance, especially for projects involving public funds or regulated industries.
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1. Executive Summary: Brief overview of the proposed study, its objectives, and key deliverables
2. Project Background: Context and rationale for the feasibility study
3. Scope of Work: Detailed description of study components, methodology, and boundaries
4. Timeline: Project schedule with key milestones and deadlines
5. Budget: Detailed cost breakdown and payment terms
6. Team Structure: Key personnel, roles, and responsibilities
1. Risk Assessment: Analysis of potential risks and mitigation strategies - include for complex or high-risk projects
2. Environmental Considerations: Environmental impact assessment approach - include when project has potential environmental impacts
3. Stakeholder Engagement Plan: Strategy for involving key stakeholders - include when multiple stakeholders are involved
1. Schedule A - Detailed Methodology: In-depth explanation of study methods and tools
2. Schedule B - Team CVs: Professional backgrounds of key team members
3. Schedule C - Similar Project Experience: Reference projects and relevant experience
4. Schedule D - Quality Assurance Plan: Quality control procedures and standards
5. Schedule E - Data Collection Tools: Survey instruments, interview guides, and other data collection instruments
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