Management Consulting – Guidelines to Feasibility Writing
We must draw a distinction between a project profile and a feasibility report. A profile is a short write up which summarises or highlights essential features of the project while a report examines all aspects of the project thoroughly.
Thus a project profile maybe regarded as a snapshot while a feasibility report is a motion picture since it digs into the past, examines the present and project into the future. Most people who think they can write reports end up producing documents that cannot pass the test.
And this is the more reason why it should be left in the hands of professional consultants not quacks or charlatans. On identification of an investment opportunity, a potential investor approaches, consults and commissions a consultant to undertake a comprehensive report.
The professional starts by taking the brief he listens careful makes his notes and examines the proposal thoroughly. He now goes on and formulates the brief into some specific terms of reference which will serve as a reliable guide towards the realization of the objectives of the proposal.
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The Red Phone – Management Consulting in 30 Seconds or Less
Modern business faces complex problems; management often calls upon highly-specialized consultants to help them address these difficult problems. If you’re ever called to help identify these most pressing issues, one of the easiest and quickest ways to start is to talk about the Red Phone.
You know which phone I’m talking about — it’s the red phone that sits on it’s own special corner of the desk. Lights flash when it rings; when you answer it, the person on the other end isn’t in a good mood, he’s not pleased, he thinks everything is your problem and he wants you to fix it! (And … he’s right! It is your problem and you do need to fix it!)
What I want to know is — when this phone rings, 1) Who is it on the other end, and 2) what are they upset about
This spotlights a manager’s hot spots, his points of pain. These are the frustrating tribulations that vex his day. If you can identify who’s on the red phone and what they’re calling about, you’ve identified the most pressing problems a manager deals with.