Rift Valley University Sidist Kilo Campus

Department of Project Management

Course Title: - Project Identification, Analysis and

Appraisal

Individual Assignment

Name:- Tasfaye Taye

IDNO:-RVUSKPM/0205/22

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 Submitted to:- Dr. Garedew

December, 2023

ADDIS ABABA

Given 5 potential project ideas

1. Clean Water Access:

Source - Global Water Crisis.

Justification: The scarcity of clean water is a pressing global issue,

especially in developing countries. This project could focus on

developing low-cost filtration systems, water purification techniques, or

decentralized water treatment solutions to provide clean and safe drinking

water to communities facing water scarcity.

Justification: This project idea can be sourced from national policies,

strategies, and priorities, reflecting the overall investment potential in

developing countries

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 2. Mental Health Support:

Source - Increasing Mental Health Awareness.

Justification: Mental health issues are on the rise globally, and there is

a need for accessible and effective support systems. This project could

involve creating mobile apps, online platforms, or AI-based chatbots that

offer mental health resources, counseling, and self-help tools to help

individuals manage their mental well-being.

3. Waste Management and Recycling:

Source - Environmental Sustainability.

Justification: Improper waste management and excessive waste

generation are significant environmental concerns. This project could

focus on developing innovative waste management solutions, recycling

technologies, or waste-to-energy systems to promote sustainable waste

disposal practices and reduce the impact of waste on the environment.

4. Transportation Optimization:

Source - Urban Congestion and Emissions Reduction.

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 Justification: Urban congestion and transportation emissions contribute

to pollution and inefficiency. This project could involve developing smart

transportation systems, traffic management algorithms, or shared mobility

platforms to optimize traffic flow, reduce congestion, and promote

sustainable modes of transportation like public transit, cycling, and

electric vehicles.

5. Accessible Assistive Technology: Source - Inclusivity and Disability

Rights.

Justification: To ensure equal opportunities and independence for

individuals with disabilities, accessible assistive technologies are

essential. This project could focus on designing affordable and user-

friendly assistive devices, such as smart prosthetics, mobility aids, or

communication tools, to enhance the quality of life and inclusion of

people with disabilities.

Preliminary Screening

1. Clean Water Access:

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Compatibility with the promoter: High

Feasibility: High

Profitability: Medium

Risk acceptability: High

Consistency with government priorities: High

2. Mental Health Support:

Compatibility with the promoter: High

Feasibility: High

Profitability: Medium

Risk acceptability: High

Consistency with government priorities: High

3. Waste Management and Recycling:

Compatibility with the promoter: High

Feasibility: High

Profitability: Medium

Risk acceptability: High

Consistency with government priorities: High

4. Transportation Optimization:

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Compatibility with the promoter: High

Feasibility: High

Profitability: Medium

Risk acceptability: High

Consistency with government priorities: High

5. Accessible Assistive Technology:

Compatibility with the promoter: High

Feasibility: High

Profitability: High

Risk acceptability: High

Consistency with government priorities: High

Project Rating Index for each accordingly

1. Clean Water Access:

Project Rating Index (PRI) = (Compatibility with the promoter * 0.3) +

(Feasibility * 0.3) + (Profitability * 0.2) + (Risk acceptability * 0.1) +

(Consistency with government priorities * 0.1) = 1

2. Mental Health Support:

PRI = (Compatibility with the promoter * 0.25) + (Feasibility * 0.4) +

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(Profitability * 0.2) + (Risk acceptability * 0.1) + (Consistency with

government priorities * 0.1) = 0.85

Education Enhancement Project

PRI = (Compatibility with the promoter * 0.3) + (Feasibility * 0.2) +

(Profitability * 0.2) + (Risk acceptability * 0.1) + (Consistency with

government priorities * 0.1) = 0.9

3. Waste Management and Recycling:

PRI = (Compatibility with the promoter * 0.2) + (Feasibility * 0.4) +

(Profitability * 0.15) + (Risk acceptability * 0.2) + (Consistency with

government priorities * 0.1) = 0.95

Based on the preliminary screening and project rating index calculation,

the Technology Innovation Project has the highest rating of 0.9,

indicating its potential as a promising project idea.

The other four project ideas have a rating of 0.8, which is also considered

high and indicates their potential for further consideration.

Based on the preliminary evaluation and project rating index scores, the

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proposed project ideas can be ranked as follows:

4. Transportation Optimization:

PRI = (Compatibility with the promoter * 0.2) + (Feasibility * 0.4)

+ (Profitability * 0.4) + (Risk acceptability * 0.1) + (Consistency

with government priorities * 0.1) = 0.9

5. Accessible Assistive Technology: PRI = (Compatibility with the

promoter * 0.2) + (Feasibility * 0.4) + (Profitability * 0.4) + (Risk

acceptability * 0.1) + (Consistency with government priorities *

0.1) = 0.9

Project Rating Index (PRI) = 0.9

Clean Water Access:

PRI = 1

Mental Health Support:

PRI = 0.85

Waste Management and Recycling:

PRI = 0.95

Transportation Optimization:

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PRI = 0.9

Accessible Assistive Technology:

PRI = 0.9

The Clean Water access Project has the highest project rating index

of 1, indicating its potential for high returns and feasibility.

The other four project ideas have a rating of 0.8,0,9,0.95 which is also

considered high and indicates their potential for further consideration.

However, it is essential to note that the ranking may change depending on

the specific criteria and weightages assigned to each factor during the

project rating index calculation

Based on the provided search results, I will conduct a feasibility study for

the Clean Water Access Project ranked as the first choice in step 3.

The feasibility study will assess the project's potential benefits,

challenges, and risks, as well as its alignment with organizational goals

and market conditions.

Key Steps and Criteria for Conducting a Feasibility Study

Define the scope and objectives: Clearly outline the project's targets,

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customer needs, value proposition, desired outcomes, and success

indicators.

Specify the scope boundaries, assumptions, constraints, and dependencies

that may affect the feasibility of the project

Market Analysis: Assess the market conditions and demand for the

proposed project.

Identify the target market, competitors, and potential customers.

Analyze market trends, growth prospects, and any potential challenges or

risks

Technical Feasibility: Evaluate the technical aspects of the project,

including its compatibility with existing technology, infrastructure, and

expertise.

Identify potential technical constraints or challenges that may arise during

project implementation

Cost and Financial Analysis: Estimate the costs associated with the

project, including development, implementation, and maintenance.

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Assess the project's profitability and return on investment

Risk Assessment: Identify potential risks and challenges associated with

the project.

Analyze the project's risk acceptability and develop contingency plans to

address potential issues

Alignment with Organizational Goals: Ensure that the project aligns

with the organization's mission, vision, and strategic objectives

A feasibility study is an essential assessment of the practicality of a

proposed project plan or method.

It involves analyzing technical, economic, financial, legal, and

environmental considerations to determine the viability of the project.

The study aims to provide a basis for making a decision and to identify

potential issues and problems that could arise during project

implementation

Components of a Feasibility Study Report

Introduction: This section provides an overview of the proposed project,

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its objectives, and the purpose of the feasibility study.

Market Analysis: A detailed analysis of the target market, including

market trends, competition, and potential demand for the project's

deliverables.

Technical Feasibility: An assessment of the project's technical aspects,

including its compatibility with existing technology, infrastructure, and

expertise.

Financial Analysis: A thorough analysis of the project's costs, potential

returns on investment, and the expected economic benefits.

Legal and Environmental Considerations: An evaluation of the legal

and environmental factors that could impact the project's implementation

and success.

Risk Assessment: Identification of potential risks and challenges

associated with the project, along with proposed mitigation strategies.

Conclusion and Recommendations: A summary of the findings,

including a go-or-no-go decision and recommendations for the project's

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next steps.

The feasibility study report should be comprehensive, providing all the

necessary data and analysis to support the decision-making process.

It should also include supporting documents and be based on verified data

relevant to the proposed project

By following these guidelines, the feasibility study report for the

Technology Innovation Project can be prepared, providing a detailed

assessment of the project's practicality and potential for success.

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