PROJECT FEASIBILITY PLAN
PROCESS PM 05
rev 1: 5th August 2009
Establishing feasibility and framing up a project
Introduction
There is often a need to explore viability and value of implementing a scheme or initiative. For major
projects this will require a full Business Case justification. Decisions to take other projects forward still
require certain project fundamentals to be understood including scope, delivery mechanism, budget
costs and risks. This procedure outlines how a Project Feasibility Plan should be established where
applicable.
Steps in the Process
1
If the work to achieve a Project Feasibility Plan requires expenditure of money then a Project
Authorisation Form will be required to set up a new Project Finance Code.
2
Required contents for a Project Feasibility Plan are set out in the relevant guidance note (see
below).
3
The completed Project Feasibility Plan will be considered and used to inform a decision to
proceed with the project or not.
4
If the project is taken forward then the remaining Property Project Procedures must be complied
with. Note that this is likely to require a further Project Authorisation.
Commentary
The intent of the City University Project Feasibility Plan is to fully understand (at a suitable level) the
implications of carrying out a project, in terms of cost, programme, quality and safety, including risks. The
quality of work carried out at this stage will be fundamental to the successful decision both to proceed
with the project and the outcome finally achieved. The work will NOT replace detailed consideration of
project issues which are governed by main procedures.
Further Guidance
Refer to the Project Feasibility Plan guidance note.
City University Property Department Project Procedures – Confidential
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