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Is the new project dependent on the successful delivery of a current project? if true, which analysis should be done before starting the project?

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Question added by Muhammad Usman Tariq , Visiting Faculty , National University of Science and Technology
Date Posted: 2014/10/29
Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

You have to have the business case and part of it is the financial analys.

Deleted user
by Deleted user

As the name implies, a feasibility study is an analysis of the viability of an idea. The feasibility study focuses on helping answer the essential question of “should we proceed with the proposed project idea?” All activities of the study are directed toward helping answer this question.

Feasibility studies can be used in many ways but primarily focus on proposed business ventures. Farmers and others with a business idea should conduct a feasibility study to determine the viability of their idea before proceeding with the development of a business. Determining early that a business idea will not work saves time, money and heartache later.

We should use a business analysis tools to generate a business case for the project before initiate it.

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

Yes, it is . Risk analysis should be done before starting the project.

Deleted user
by Deleted user

The new project

Should be based on the results the current project

And try to avoid mistakes and improve the performance of the beginning

In the new project

 

Must conduct a technical and financial analysis of the project before the start

Elke Woofter
by Elke Woofter , Project Assistant , American Technical Associates

There are many good answers ... I have voted for the answers I think are best suited for the task

Abdul-Hameed Deeb Al-Sawadi
by Abdul-Hameed Deeb Al-Sawadi , IT Manager , Masaneed Commercial Group (MCG)

I agree with the elegant answers by our friends so far.

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

MR Tartir Ayoub give the exact answer for your question ....... thanks

Aftab Alam
by Aftab Alam , Researcher , NUIG

Yes! I agree with above answers and want to include that lesson learnt should be consult from the previous projects even from unsuccessful project.

Ahmed Montasser Hasan Ibraheem Farag
by Ahmed Montasser Hasan Ibraheem Farag , Project Manager , Rawafed Tech

Thanks for invitation, and I am really sorry for my late, because I were  had a lot of work.

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