Integrated approach to project feasibility analysis: a case study

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Abstract

Feasibility studies of industrial projects consist of multiple analyses carried out sequentially. This is time consuming and each analysis screens out alternatives based solely on the merits of that analysis. In cross-country petroleum pipeline project selection, market analysis determines throughput requirement and supply and demand points. Technical analysis identifies technological options and alternatives for pipe-line routes. Economic and financial analysis derive the least-cost option. The impact assessment addresses environmental issues. The impact assessment often suggests alternative sites, routes, technologies, and/or implementation methodology, necessitating revision of technical and financial analysis. This report suggests an integrated approach to feasibility analysis presented as a case application of a cross-country petroleum pipeline project in India.
Original languageEnglish
Pages (from-to)235-245
Number of pages11
JournalImpact Assessment and Project Appraisal
Volume19
Issue number3
DOIs
Publication statusPublished - 2001

Keywords

  • feasibility analysis
  • analytic hierarchy process
  • petroleum pipeline
  • present value

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