Ebook on Feasibility Studies

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is the brand name of Piexe Limited Registered in England No 6348048

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(Download the FREE Ebook to get my full telephone No)

Download the FREE Ebook to Unlock the Potential in your Project by learning the Insider Short-Cut Secrets revealed by one of the most experienced Feasibility Study Experts in the world.

Please fill in the form on the left to download the free Ebook "5 Steps to Feasibility Study Excellence"

Hello and Welcome from the desk of Will Witt

Are you doing a Feasibility Study on your current project?

Is it a:-

Hotel development?
Hospital extension?
Housing development?
Consumer product development?
Industrial estate?
Factory extension or refurbishment
Educational building?
Port development?

Do you want to make your project successful? - I am sure that my new Ebook can help you do just that! - and the best thing is it is free. All you have to do is apply for it and the download link will be Emailed back by return.

The Methods that the big international companies use to undertake their Feasibility Studies have never been publicised before!

I have been doing feasibility studies for the last 30 years and started to do some serious research into them about 10 years ago when I was working as an engineering consultant.

I talked to many professionals in the business and was pretty surprised when everyone had quite different ideas as to how to go about them and even what should be actually be included in a study.

Since then I have been looking into how the big international companies develop their projects. They often have different names for their pet systems but they were all quite simple in their approach in fact:-

Their systems are very similar and remarkably effective!

I also looked at how the smaller companies did their projects.

None of them had systems and the majority had no idea how to carry out even the most simple studies

My research showed that you need to go through 5 basic steps in order to ensure that the results of your feasibility study are optimised.

Each of the 5 Steps are all described in detail in my Ebook.

"The 5 Steps to Feasibility Study Excellence"

Will, I just returned from a business meeting, and am
 looking at the  book.  It's excellent!  And, what I
 needed to 'frame' and put into order  the elements
 that I know need to be included in such a study.
    Thank you! 
   Lee Bauer

Many thanks for granting me access to your E-book Will,It has been very insightful. When someone lays things out like you have, it all seems so obvious, but when in the thick of things all the time it is hard to take a step back, especially when people are breathing down your neck for answers yesterday!!I will certainly try to implement the 5 steps you layed out.Once again many thanks for this.

Mark Hanson.

"I bought the book last week - it has really opened my eyes as to how projects should be set up"

Graham Smith - Brisbane

"Getting projects off the ground is never easy - this book gives some very useful insights - and it will certainly improve the finished project in most circumstances"

Audrey West - Houston

For many readers the importance of Step 1 in the process may be absolutely paramount because you do not have the funds required to actually undertake the Feasibility Study.

Step 1 can be undertaken without any professional assistance and will normally cost nothing apart from the time taken by to write the most important document - "The Project Shell"

Then when Step 1 is complete you will be able to take it to your bank or any other potential funding sources to get the funding for the feasibility study.

I will tell you more about the 5 step process in a minute or so but in the meantime let's look at:

The Historical background to feasibility studies

The term feasibility study is quite modern and only really took central stage in the project planning process in the 1960's and 70's.

There are hundreds of definitions of what a feasibility study is on the Internet and in project management literature.

In every case the definition and any recommended study content is biased towards the background and personal experience of the author.

Even the term "Feasibility" is a misnomer in iteself because all the studies that go under the title "Feasibility study" invariably concentrate on "viability" and not "feasibility".

We all know that just about anything is feasible if enough resources and money are flung at a problem.

And not only that you want your project to provide the best value for the investment - not just that it is feasible!

What about templates?

You may have considered the purchase of templates from one of the many websites that offer them. The problem with templates is that they do not help you to fundamentally understand the project implementation process. If you understand the process it will take no time at all to develop your own pro-formas without buying expensive templates that in truth are quite worthless.

All the research also showed that if you organise the feasibility study development process in the right way the studies that you need will be cheaper and a lot more focussed on the primary issues.

The 5 Step process will ensure that:-

The scope and focus of the feasibility studies are optimised?
Every relevant alternative option is being explored, tested and measured using the best analytical techniques available?
The whole feasibility study process from initiation to completion is being planned, tightly controlled and managed from day one?

The Ebook gives the answers to all these questions. It is basically a set of tools that tells you exactly how to set your feasibility study up and how to commission and manage all those consultants that are just interested in how little work they can do for the biggest fee possible!

So what are the 5 steps?

They are:-

Preparation of a "Project Shell" document that will govern the whole project process and that will only be changed under exceptional circumstances
The identification of all the development options that should be considered and the selection of the preferred option (In some projects final selection may need to be deferred to Step 5)
Finalise the scope of the selected option(s), prepare the documentation for the surveys and any special studies that are required and get them all carried out
Submit consent applications, optimise the preferred option and prepare detailed project execution plan
Assessment the study results and make final go / no go decision

You will immediately see that 4 of the five steps concentrate on the preparation work

We all know that this is true of every single aspect of life and business

"If you get the preparation right then everything that follows will be right"

And the corollary:-

"If something starts badly - it can only get worse!

To ensure project success you also need to use other modern techniques known as:

Value Managment and Risk Management

Value Management provides the means to define and deliver project value.

Risk Management provides assurance that the set-up and delivery of the project will avoid the destruction of value.

Both these concepts seem to have accumulated a reputation for difficulty and complexity that is unjustified because both are essential ingredients of modern project management.

How to use them without undue complication is laid out in simple steps in the Ebook.

What are the primary objectives of "The 5 Step Guide to Feasibility Study Excellence "

They are:-

to ensure that the project planning and inception stages of all projects are tightly managed and controlled - especially where external consultants must be used
To boil the feasibility study development process down to 5 discrete steps with 4 distinct milestone go - no/go decisions
To ensure that value management is simplified and integrated with risk management into an easy-to-understand feasibility study process

The best project development systems

The best systems always include clear go / no-go decisions at the end of every project stage that involve senior management.

Even if your firm does not regularly develop projects then the same underlying principles apply. You would be able to put in place a process that is tailored just for your one-off project and that can then be adopted for the general benefit of your firm in future projects.

Some of you might be thinking "OK but what is Value Management"

It is one of those abstract concepts that are difficult to describe in a few words.

One of the most easily understood descriptions is that:-

"It is the process whereby best value is obtained by balancing the use of resources on one hand and perfection on the other"

There are no magic bullets that can achieve this balance but there are various techniques that have been integrated into the project development process as described in the Ebook.

The fundamentally important thing about value management is that it should be a major factor in the feasibility study stages of a project.

What is risk management?

In his report called Trusting the Team that proposed various improvments to the construction industry Sir Michael Latham said:-

"Risk can be managed, minimised, shared, transferred or accepted. It cannot be ignored"

It is an axiomatic truth that it is always necessary to take risk to maximise benefits

The integration of risk management into the feasibility study process gives senior managers the comfort that risk will be controlled and the benefits maximised.

Like Value Management the fundamentally important thing about Risk Management is that it should be a major factor in the project inception and planning phases of a project.

I only have a small project - Do I have to know all this about Value and Risk Management?

No - You do not have to know - but every project is very important to its sponsor and all projects will benefit from these simple techniques.

The "5 Steps to Feasibility Study Excellence" is an Ebook that provides all the tools for both large and small, simple and complex projects.

Consultants and Value and Risk Management

The only people that can accurately gauge Value and Risk are the line managers in the business - most consultants know "diddly squat" about real operational problems.

The Ebook describes how you can integrate your own firms expertise into the feasibility study process quite seamlessly - even if most of the work is being undertaken by consultants.

"Congratulations Will - this is a massive topic distilled down into 50 pages of pure gold"

Michael White - Russia

"It is a bite idealised because the bureaucracy of the consent and planning processes always gets in the way - but it will help getting through these minefields"

Roger Hook - Scotland

Applicability of the process

My experience has mainly been with projects involving construction but nearly all the principle activities described can be used for purely business development projects with a slight change of emphasis from construction studies to financial analysis.

It is very likely that you will need to “tune” the process to suit the requirements of your own business. For instance if your firm is set up on a departmental rather than a project basis – you may feel that the approach cuts right across all your current systems - This should be telling you something important!

But in every circumstances you will be able to easily mould the principles involved to your particular business style and type of work.

Can you do this in your own firm?

Yes you can because the system is based on fundamental principles that really work.

And please remember the two fundamental facts about systems.

A system is a process of realising a specific objective based on undertaking a series of logical actions in a logical sequence

A systems allows inexperienced people to predictably achieve a specific objective

Let's summarise

You have probably arrived on this site because you are currently involved in the early stages of a project and want to know more about feasibility studies or are having a problem getting one started.

You will have probably gathered by now that I am a passionate believer in the philosophy that most project failures have happened because the study stages were not carried out with sufficient rigour.

I also believe that the conventional feasibility study approach can be vastly improved very easily and without additional bureaucracy.

The main advantage of the 5 Step process is that you will achieve and maintain full control of the feasibility study process from inception to completion. You may still need experts or consultants to carry out some of the technical tasks but you will always remain in control.

On the other hand if you hand over the whole project to a consultant or contractor as is frequently the case you lose control of the process the minute the project starts.

If you want your new project and all future projects to be a success you need to bring yourself right up to date with the most modern practices.

You also need the tools to ensure that the consultants that you use concentrate on the technical areas where your organisation is lacking expertise and do not provide you with hundreds of pages of useless "boiler plate" documents.

I sincerely believe that the information in the guide is totally unique simply because the information that it provides is not available anywhere else on the Internet or indeed in project management literature.

And I am certain that as you absorb the lessons and the many hints and tips that are scattered throughout the Guide you will be confident that you can unlock the potential of your current project and guarantee that it will be a huge success.

And don't forget that every year there are hundreds of businesses that go bust or get into severe difficulties just because a vital project has overrun budget and schedule targets - don't let your business be the next one!

Someone once told me that all successful engineers follow proven systems. You may or may not buy the Ebook and follow my system but can you imagine how good it will feel if your current project is a massive success!

The fact is that:-

The Terms of Reference for most feasibility studies are awful
Most feasibility studies are carried out very badly
There are loads of projects that should never have been started
There are loads of projects that should have been a lot more successful

Don't let this happen to you and it won't if you apply for the Ebook and follow the processes recommended in it.

There is one other thing that I could tell you, but you already know that successful project development is not easy.

You don't have to get the Ebook but it will show you the best way to execute your project. Any person can undertake a feasibility study but intense hard work and the application of cold logic is the only way you can achieve excellent performance - can you do it?

Yours Sincerely

will sig book

PS I am now including the following in the book as well:-

A Project Classification Tool

This simple tool will allow you to accurately place your project in the minor, medium or mayor categories in a few minutes.

A Graph for the estimation of Step costs

This is another simple tool that will allow you to estimate the fees during the study stage as well as the accuracy of the capital cost estimates during the project planning stages.

A sample of Value benchmarking

This table shows you how to benchmark the performance of critical issues in your industry and how to weight the issues and compare your current project with the benchmark figures - this will then show you the issues that need to be concentrated on to improve your project.

Risk Assessment tables of likelihood and impact

These are useful aids and allow you to undertake the Risk assessment required during the feasibility stages of a project.

PPS

Just fill in the application form below and I will send you the link to download the Ebook - I am looking forward to hearing from you!

PPPS

The book is entirely complete and does not require the purchase of other services for you to get full benefit from it (currently a very common sales technique on the Internet)

You will also be put on the mailing list for our weekly Ezine that gives useful hints and tips for project developers. I absolutely guarantee that I will never give your name or Email address to anyone else.

Questions and Answers

Question:- What does Piexe do

Answer:- We help people carry out feasibility studies, we train people how to carry them out and we also undertake specialist complex studies ourselves

Question:- What does a Feasibility Study do?

Answer:- It should answer the question "Can a project be carried out and made to work at a cost that justifies the required investment of money and resources?"

Question:- What does a Business or Project Plan do?

Answer:-It should answer the question "How can a business or project be carried out and made to work at a certain cost

Question:- What does Market Research do?

Answer:-It should answer the question "If a business can produce a particular product at a specific quality what is the number of potential buyers and how many are likely to buy?"

Question:- Should a Project Plan be included in a Feasibility Study?

Answer:- Yes

Question:- What should be included in a Business Plan?

Answer:- A good Business Plan should include the results of both a Feasibility Study and Market Research

Question:- What is the main benefit provided by your 5 Steps process as described in your Ebook?

Answer:- Every one of the 5 Steps has a clearly defined objective that:-

Maintains focus
Provides the platform for the next Step
Maximises surveys and special study efficiency
Reduces wasted effort throughout the whole process

Question:- Can the 5 Step process help in getting the finance for the feasibility study itself

Answer:-The Shell and Project Matrix documents produced in Step 1 can be produced very quickly and cheaply and are the ideal way to commence your quest for study finance

Question:-The process looks a bit regimented to me because surely you can never be sure where your study is going to take you?

Answer:-Precisely - feasibility studies are highly iterative and in a complex project you are always bouncing from setbacks to changes of plan - the 5 Step process imposes the necessary discipline required to keep the study on track

Question:-Why are you giving this book away if it so valuable?

Answer:- I will not be giving it away for very long. It is part of a Market Survey that I am doing and it is also a stepping stone to selling other Services

Question - What do I have to do to get the book?

Answer:- Just fill in the form at the top of the page with your contact details and you will be redirected to another web page with the download link

Question:- Am I going to be inundated with Spam?

Answer:-No I categorically guarantee that I will never realease your Email address to anyone. Anything that I send you will be feasibility study related

Question:- Can I telephone you about my project?

Answer:-Yes please do - I will Email you my number after you have downloaded the Ebook. Please note that I only answer the phone in normal business hours and they are 7.00 am to 4.0 pm GMT. Please leave a message and number to call if I do not answer

Question:- Do you have any professional qualifications?

Answer - Yes

I graduated with an honours degree in Civil and Structural Engineering from Sheffield University

I became a fully qualified Civil Engineer in 1974 and a Structural Engineer a few years later and am also a registered engineer under European Community rules.

Question:-You say you are very experienced - can you tell me about some of the studies and projects you have been involved with during your career

Answer:- Yes see below - this is a cross section but by no means all of them

1974 Project Value £20.0m
Infrastructure for BP at their Grangemouth refinery for the reception of crude oil from the Forties field in the North Sea - has now been in use for about 30 years

1975 Project Value £2.5m
Hotel on the coast in the New Forest in Hampshire UK

1976 Project Value £1.5m
Golf course, club house and access road in the New Forest

1976 Project Value £1.2m
Floating ferry terminal for the Mersey Ferries at Woodside, Birkenhead - Ferries have now been using this for 30 years

1976 Project Value £1.0m
Hovercraft maintenance facilities at Pegwell Bay Ramsgate for Hoverlloyd - jacking system lifting the 200 tonne SRN4's over 3 metres for skirt maintenance - in continuous use until Pegwell Bay facility closed in the mid 1980's

1977 Project Value £1.25m
Re-organisation of the whole interior layout of the Hoverportt at Pegwell Bay including Duty Free Area, lounges and restaurants

1977 Project Value £1.0
Passenger embarkation, marshalling, car parking and improved road access at Pegwell Bay hovercraft terminal

1978 Project Value £1.5
Repair of a bridge in Gabon West Africa following severe damage caused from the impact by a large crane on a barge

1979 Project Value £5.0
Inland container storage and groupage terminal at West Thurrock in Essex including warehouses and office buildings

1980 Project Value £5.0m
Industrial Estate at Dagenham near the Ford motor works

1981 Project Value £5.0m
The West Bank container terminal for the Ipswich Port Authority (now Associated British Ports). The project was completed in 1984 and has been in continuous use since then.

1984 Project Value £6.0m
Infrastructure including roads, land reclamation and services at West Thurrock for the famous shopping centre and retail warehouse park at Lakeside in Essex near the Dartford Crossing in abandoned chalk quarries

1985-90 Project Value £15m
Infrastructure for "Chafford Hundred" New Town between Lakeside and West Thurrock including 4 schools, local shopping centres, major drainage, utility distribution systems and land reclamation in old chalk quarries for over 10,000 new homes

1986 Project Value £2m
Industrial estate at Linton in Cambridgeshire

1986 Project Value £1.0
Office building at Enfield in North London for a photocopier sales company

1986 Project Value £0.5m
Industrial unit for an electronics company at Waltham Cross in North London

1987 Project Value £0.5m
Office block at Uckfield in East Sussex

1988 Project Value £2.5m
Retail warehouse including access roads and car parking for Texas Homecare at Herne Bay in Kent

1988 Project Value £1.75
Conversion of an old grain water mill into 14 flats and duplex apartments at Weir Mill, West Malling, Kent

1988 Project Value £2.0m
Industrial estate of nursery units at Barking in East London

1989 Project Value £1.7m
New Factory for Maplin Electronics at Barnsley in Yorkshire

1989-90 Project Value £8m
Large industrial estate of both nursery units and large units at Fareham in Hampshire

1990 Project Value £0.5m
Group Dental Practice centre in East Sussex

1990 Project Value £3m
Industrial Estate for St Modwen Properties in North London

1993 Project Value £15m
Conversion of an offshore oil rig yard into a naval dockyard for the construction of a fleet of frigates for the the Emirates in the Middle East

1994 Project Value £8m
A roll-on roll-off freight ferry terminal at Killingholme on the Humber. Since then a number of other similar berths have been installed

1995 Project Value £45m
Hard external flood protection systems to London Underground Northern and Bakerloo line tunnels where they cross under the River Thames on each side of Charing Cross Railway Bridge

1996-97 Project Value £4b
Gas based industrial estate master plan at Sohar in Oman includinga new port, an aluminium smelter, a large power station, a refinery and several petro-chemical plants

1998 Project Value £30m
A pair of dry-docks at Richards Bay in South Africa for the maintenance of the coal ships that export coal from South Africa

1998 Project Value £10m
Refurbishment of an office building into 100 bedroom hotel at Blackfriars in London

1998 - 99 Project Value £35m
The installation of a crude oil export route for Texaco from Northern Kazakstan including the pipeline in Kazakstan, Tanker loading and unloading terminals on the Caspian Sea, rail tankage across Georgia and Azerbaijan and a loading terminal at Supsa on the Black Sea

1998 Project Value £18m
The provision of temporary housing in Albania for 10,000 Kosovan refugees for the UN

1998 Project Value £450m
Crude oil Bosphorous by-pass pipeline from Burgas in Bulgaria on the Black Sea to Alexandopoulos in Greece for the Greek government

1998 - 99 Project Value £1b+
Islands and other infrastructure required to support the drilling of oil wells on the huge Kashagan field located in the winter ice covered northern region of the Caspian Sea for Shell

2000 Project Value £18m
Marine supply base to support the off-shore drilling for oil-fields in the Nortthern Caspian Sea for the Kazak government

2001 Project Value £5b +
Gas based industrial estate near Darwin for the Northern Territories Government in Australia. The 4000 hectare development included an aluminium smelter, associated power station, various cryogenic and fertiliser plants as well as railway access, road access, utility systems, support housing and a large new port and water intake for the power station

2002-03 Project Value £200m+
Master plan of the Tengiz oil field in Kazakstan for Chevron and the refurbishment of an old Russian built town for the contractors working on the doubling of the capacity of the Tengiz field

2003-04 Project Value £175m
Greenfield container port development for a Middle East government

2003-04 £500m+
Caspian Sea infrastructure to support off-shore drilling in the Kazak sector of the Caspian Sea including, power supply, water supply, roads, railways and other utility networks for the Kazak state oil company

2004 Project Value £100m+
Study for BP into the onshore generation of power for off-shore platforms and transmission by sub-sea direct current cables including the design of the cable laying ships

2003-04 Project Value £1b+
The infrastrucure required by Agip to support full development of the Kashagan oil-field in the Caspian Sea

2005 Project Value £25m
Marine supply base for Halliburton Baroid at Bautino Bay on the Caspian to support offshore drilling operations

2005 Project Value £100m+
The port facilities required for an LNG plant on the Barents Sea for Esso

2005 - 2007
Swimming pool design and installation business in SW France

Hello and Welcome from the desk of Will Witt