February 2024
Intermediate to advanced
666 pages
17h 40m
English
Content preview from The Handbook of Project Management, 6th Edition
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Chapter 20 Feasibility and planning
Marian Bosch-Rekveldt, Hans Bakker and Marcel Hertogh
Introduction
Feasibility and planning are part of the so-called Front End Development (FED) phase of a traditional project life cycle (Bosch-Rekveldt, 2014). The aim of the FED phase is to gather as much information as possible to prepare for the final investment decision (FID) and hence the next phases of the project in case a positive decision is taken. Further down in the project life cycle, the activities are performed with an increasing level of detail and accuracy.
The traditional project life cycle (generally subdivided into stages like initiation or concept development/feasibility/plan, define or design/execution ...
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