The International Federation of Training and Development Organisations• While researching we should broaden our business knowledge and put certain things into considerations when thinking whether to launch a novel project or postpone it | There are independent areas that a feasibility study evaluates and we will illustrate these areas |
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A project may not be legal to operate in a specific location so that we can save time and start searching for other places | Finally, feasibility studies go through an exploratory stage to make sure that there are no other better options for using the same resources so that the study focus on the tactical aspects, technical development, execution, and implementation then reviewing results |
Located at the heart of a modern business environment in Smart Village , Information Technology Industry Development Agency, ITIDA, was founded in 2004 as an executive IT arm of the Ministry Of Communications and Information Technology, MCIT to spearhead the process of developing the Egyptian IT industry.
5From 2014, ECC improved the lives of 12,000 people around the world including short programmes, diplomas in business education accredited from the top English and premium international awarding bodies: Awards of Training and Higher Education ATHE , Confederation of Tourism and Hospitality CTH and EduQual | In scheduling feasibility, an organization predicts how much time the plan will take to be achieved efficiently |
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Without thinking about cost, potential profits, and proper planning we fill be shocked that our effort will be useless and existing resources shall vanish easily | A Feasibility Study should be objective and controlling subjective pessimism and optimism because it is abstract research to reach a specific successful destination |
Provides a valuable informative guide for implementing a decision• Illustrate a solid reason to undertake the project• A scientific and valid study must provide the decision-maker all introductory info about the idea and previous records of the plan or project, such as a detailed description of the product or service, proposed accounting statements, details of supplying capabilities, marketing investigation reports, intelligence and psychosocial research to be sure that this idea shall succeed in the future to be beneficial for the company.
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