When you need it
Use this report when a sponsor must choose whether a defined engineering investment should proceed, change direction, or stop, and technical, demand, delivery, and financial evidence need one decision basis.
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AI tools and documents for engineering and project management.
Feasibility Study Report
Assess whether a defined project should proceed and record the conditions for the next investment decision.
How to use this templateThis Word template contains prepared headings, tables, project fields and completion notes. Add your information, review the completed document and remove the notes before issue.
The form prepares a separate brief; it does not fill the Word or Excel file.
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Learning
How to use this template
What it helps you decide
It connects the preferred technical option with demand, implementation constraints, funding needs, and downside scenarios, making unresolved conditions visible before the sponsor commits further development resources or capital.
How to complete it
- Establish Project purpose, scope and study basis from the sponsor's decision, then document demand evidence and comparable options using consistent boundaries.
- Complete technical, site, delivery, operating, and cost sections using referenced studies; identify missing sources in the Supporting studies and model register.
- Test material sensitivities, state next-stage conditions, and write the executive summary last so its recommendation matches the supporting evidence and limitations.
Who prepares and reviews it
A feasibility lead usually coordinates engineers, market specialists, estimators, planners, and financial analysts. The sponsor reviews the investment recommendation, with specialist assurance and approval roles defined by the project's governance.
A mistake to avoid
Presenting an attractive financial return while leaving demand, utility capacity, or estimate maturity implicit can make the recommendation appear stronger than its evidence.
Illustrative example
Illustrative example: a food processor considers a new cold store. The report compares expansion against a separate facility, records an unconfirmed electrical connection assumption, and references a checked cost model. The sponsor selects expansion for further design, conditional on written confirmation of available power.
Document contents
- Executive summary and investment decision
- Project purpose, scope and study basis
- Demand and service requirements
- Options and preferred solution
- Site infrastructure and access
- Technical concept and design basis
- Permits, environmental and social considerations
- Implementation and procurement
- Operations and maintenance
- Investment cost and funding requirement
- Financial feasibility and financing
- Economic and wider benefits
- Risks, sensitivity and scenarios
- Conclusions and next-stage conditions
- Supporting studies and model register
- Study limitations and reliance
Required inputs
- Project name, location, company, document number and revision
- Actual project scope, source records and responsible roles
Practical tools.
Professional judgment.
Confirm the adopted edition, local amendments, National Annex where relevant, and contract requirements.
Prepare project brief