Feasibility Studies CIM Vancouver 2010

Some Statistics ? Feasibilitystudiescostbetween2% & 3% of capital andrequire8% to15% of total engineering effort ? Feasibilitystudiesusuallytakebetween8 and16 months ? Historically more than80% of projects fail to achieve all their objectives, usually blame the feasibility study ? What is bankable? Means that your promises will long be remembered. ? Poorly executed feasibility studies ? Driven by inexperience, unrealistic expectations, time constraints, financial constraints, lack of objectivity, front end loading activities incomplete or poorly done ? lack of minimum standard to provide a consistent approach Trend to improve???