Description
This week you are learning about progress reports and how they are used to give an update on the status of a lengthy project. For this week's discussion board, you will be providing a brief summary of your progress on the Feasibility Report. You don't have to write this as a memo, but please do use the following headings and briefly touch on each of these areas:
- Purpose of Report
- Work Accomplished
- Problems Encountered
- Work Remaining
- Project Completion
For your participation posts, comment on your classmates' ideas and offer any thoughts or suggestions you might have for them!
Explanation & Answer
Attached. Please let me know if you have any questions or need revisions.
Project Reports: Feasibility Report Outline
Thesis
Feasibility reports are the documents that evaluate whether specific solutions and whether
these solutions are realistic given the number of challenges involved. This feasibility report
will provide information on some of the difficulties involved in moving a manufacturing
company to a new location.
Outline
i.
Background information
ii.
Purpose of the report
iii.
Work accomplished
iv.
Problems encountered
v.
Work remaining
vi.
Project completion
vii.
Conclusion
Running head: FEASIBILITY REPORT
1
Project Reports
Student’s Name
Institutional Affiliation
Date
FEASIBILITY REPORT
2
Background information
Technological development in the 21st century has increased demand from business
administrators. This advancement has allowed communication between project managers and
company heads to inquire how business projects are fairing, given the increase in competition
for a larger market field. The majority of the time, employees have different tasks to
complete, and every day they may be required to provide status updates on the projects they
are handling. These inquiries may be about a project team leader wanting to know whether
the budget has been finalized or if it would be about a colleague who enquires about they
would help with the project. All these enquires may converge to the status of the report.
Therefore, project reports play a crucial role in providing information on the status of the
reports an employee is working on.
It is critical to understand that feasibility reports are crucial to any proposed project.
Feasibility reports are the documents that evaluate whether specific solutions and whether
these solutions are realistic given the number of challenges involved. This feasibility report
will provide information on some of the difficulties involved in moving a manufacturing
company to a new location.
Purpose of the report
Globalization, coupled with industrialization in the 21st century, has led to many
manufacturing companies throughout the world. The industry does not only account for a
larger share of the world's GDP but has also resulted in an increase in employment across
different regions in the world (Jafari, 2014). However, the manufacturing sector of a
company relatively depends on its size and the stage of its development. The state of
economies dictates that an increase in industrialized economies leads to a subsequent increase
in the rise of empl...