Project Management/Feasibility Study

Project

A temporary endeavor with a specific, defined outcome.

National Rice Program

concerned with rice farming and uplifting the lives of Filipino farmers.

National Corn Program

aims to increase the production of quality corn and cassava for human consumption, feeds, and industrial uses, as well as empower farmers and increase their income.

National Livestock Program

seeks to accelerate the development of the poultry and livestock sector by improving its production and increasing the stakeholders' profitability

National High-Value Crops Development Program

implemented to help promote the production, processing, marketing, and distribution of high-value crops.

Promotion and Development of Organic Agriculture Program

aims to promote, propagate, further develop, and implement the practice of Organic Agriculture in the country.

National Urban and Peri-Urban Agriculture Program

promote urban and peri-urban agriculture and other emerging agriculture practices through the Plant, Plant, Plant program.

RA 11524

Coconut Farmers and Industry Trust Fund Act

Philippine Coconut Authority

Which independent public corporation created under Presidential Decree No. 1468, was reconstituted and strengthened to ensure the participation of coconut farmers in the crafting and implementation of the Coconut Farmers and Industry Development Plan?

Coconut Farmers and Industry Development Plan (CFIDP)

will provide national programs for the establishment of community-based enterprises; providing social protection for coconut farmers, farm workers and their families; organizing and developing coconut farmers; conducting innovative research on coconut processing, production, and distribution; and integrating the processing of coconut and downstream products.

PRDP

A national project under the Department of Agriculture (DA) that aims to establish a modern, value-chain oriented, and climate resilient agriculture and fisheries sector.

Enterprise Development Component (I-REAP)

small-scale agricultural, livestock and fishery producers, processors, and traders who are identified in the priority value chains of the products or commodities of the region/province are the target proponent groups. They have to be an existing organized and duly registered farmer associations and cooperatives that are being strengthened or aggregated into clusters to directly benefit from the Project through technical services, trainings, market linkages, and financial assistance.

Infrastructure Development Component (I-BUILD)

benefits producers, traders and rural population in general through construction of farm-to-market roads, bridges, communal irrigation systems, potable water systems, and other infrastructures like production, processing, marketing, and postharvest facilities that support development and linking of priority commodity value chains in project areas.

Provincial Commodity Investment Plan (PCIP)

contains the various enterprise development, infrastructure and implementation support sub-projects and investment opportunities for priority commodities in the province.

Repetitive

Which of the following is not a characteristic of a project?

Project Title

Brief but clear official and distinctive name of the project that describes the main theme of the proposed study.

Project Duration

Period that indicates proposed date of start and completion of the project.

Profit Margin

The following are all items under a Budget Summary for a project, except?

Budget Summary

Describes the personnel/staff and material resources needed by the project; provides information on human and non-human resource requirement of the project expressed in budgetary terms.

Means of Verification

Indicate how to acquire evidence to measure whether or not the indicators have been met. This also pinpoints where to find the proof that will provide data or information required for each indicator.

(HNRDA) HARMONIZED NATIONAL R&D AGENDA 2022-2028

refers to an outcome-based agenda which identifies all the research and development (R&D) programs and projects to be undertaken and funded by the government to support the attainment of the key result areas of the government's development objectives, particularly those that aim to reduce poverty and empower the poor and vulnerable; induce rapid, inclusive, and sustained economic growth; promote the integrity of the environment, and enhance the country's climate change adaptation and mitigation capability.

10%

As instructed by the Bureau of Agricultural Research, the administrative cost shall be __% of the PS + MOOE?

NAMDAC

Categorization of agricultural and fisheries machinery assemblers, manufacturers, importers and suppliers, distributors and dealers into small, medium, and large based on their organizational strengths and track record, area of operation, marketing and distribution network, after-sales service and manufacturing capabilities.

NEDA

The primary policy, planning, coordinating, and monitoring arm of the Executive Branch of government on the national economy.

DEPDev

was established by Congress through Republic Act (RA) No. 12145 or the "Economy, Planning, and Development Act,"

DEPDev

mandated to generate and provide impartial, objective, and evidence-based analyses and recommendations for the socio-economic betterment of the nation, particularly the Philippine government, and Filipinos in general.

National Economic Council (NEC)

created under Commonwealth Act No. 2, which was approved by the National Assembly on December 23, 1935. The _____ principal mandate was to advise the national government on the formulation and adoption of a State economic program based on the policy of national independence.

CDA

A proactive and responsive lead government agency for the promotion of sustained growth and full development of the Philippines cooperatives for them to become broad - based instruments of social justice, equity and balanced national progress.

Environmental Compliance Certificate

In accordance with Presidential Proclamation No. 2146, series of 1981 and Proclamation No. 803 (Series of 1996), the four (4) main categories of ECPs are (1) heavy industries; (2) resource extractive industries; (3) infrastructure projects and (4) golf course projects. For projects falling under these categories, what document must be secured prior to project implementation?

Environmental Impact Assessment (EIA)

is a process that involves evaluating and predicting the likely impacts of a project (including cumulative impacts) on the environment during construction, commissioning, operation and abandonment. It also includes designing appropriate preventive, mitigating and enhancement measures addressing these consequences to protect the environment and the community's welfare. (Revised Procedural Manual for DAO 2003-30, 2007)

Environmental Impact Statement (EIS)

is a document, prepared and submitted by the project proponent and/or EIA consultant that serves as an application for an ECC. It is a comprehensive study of the significant impacts of a project on the environment. It includes an Environmental Management Plan/Program that the Proponent will fund and implement to protect the environment. (Revised Procedural Manual for DAO 2003 30, 2007)

Environmental Management Bureau

is a line bureau of DENR responsible for the implementation environmental laws and policies PD 1586 (Environmental Impact Statement System), RA 6969 (Toxic Substances and Hazardous and Nuclear Waste Control Act of 1990), RA 8749 (Clean Air Act of 1999), RA 9003 (Ecological Solid Waste Management of 2000), RA9275 (Philippine Clean Water Act of 2004), and RA 9512 (Environmental Awareness and Education Act of 2008). It is also mandated to provide environmental research and laboratory services and serves as secretariat in pollution cases adjudication.

PD 1586

Environmental Impact Statement (EIS) System

RA 6969

Toxic Substances and Hazardous and Nuclear Waste Control Act of 1990

RA 8749

Philippine Clean Air Act of 1999

RA 9003

Ecological Solid Waste Management Act of 2000

RA 9275

Philippine Clean Water Act of 2004

RA 9512

National Environmental Awareness and Education Act of 2008

Conduct a Feasibility Study

As an Agricultural and Biosystems Engineer assigned to implement a new project, what should be your first step in the project development process?

Feasibility Study

It is the culmination report of all the preparatory work that provides a comprehensive review of all aspects of the project before a final decision about its implementation is taken.

Project Development Cycle

A process composed of phases or stages through which a project undertakes from inception to closure. These phases are important in project planning as they provide a framework for resource allocation, scheduling project milestones in implementation, and the establishment of a monitoring system (NEDA, 2005).

Market Feasibility

This section of the Feasibility study write up deals with the demand and markets for a project's outputs, their current and expected prices, and the impact of any government policies on these outputs.

Market

Defined as the arena for potential exchanges that may involve money, where demand-and-supply conditions for goods or services are considered, whether or not such goods or services carry a market selling price (NEDA, 2005)

Demand

It refers to a consumer's need to purchase goods and services and willingness to pay at a certain price for that specific good and service.

Consumer Demand

is the desire to buy a product or service by an individual or its household to satisfy their requirements such as basic food commodities like vegetables, livestock, and fishery products.

Producer Demand

The demand for a product or service as input to the production of other goods and services. Examples are raw materials like calamansi for the production of concentrate and puree, and machinery service for the land preparation.

social services

demand refers to services which have no market price and would depend on the fiscal capacity of the public sector. This includes interventions performed by the government in relation to its functions and mandates such as the provision of farm inputs, agricultural and fisheries mechanization and infrastructure projects by the DA.

Standards or Coefficients

This approach involves the use of standards to measure the level of need for a particular product or service.

Chain Ratio Method

This method facilitates the integration of multiple possible factors in the demand analysis. It identifies a set of variables and is integrated in a chain of interdependence to determine the level of demand for a particular product or service.

Market-buildup method

This method involves the review of how beneficiaries increased over time as a consequence of the introduction of a product or service. This increase in demand may come in the form of increased market geographic coverage, increased areas of influence or increase customers' patronage.

Time Series Analysis

This method involves the collection of historical demand data for a number of years. The rate of growth of demand during the past years is extrapolated, and is used to project the future demand over a period of time.

Statistical Demand Analysis

This method involves quantifying the functional relationship between the level of demand and various demand determinants such as population, income, or prices. It requires a good knowledge of the project's output, a sound economic theory, expertise in statistical techniques and a substantial set of numerical data.

Use of Planning Standards

A functional relationship between demand for the project's output and a particular demand determinant can sometimes be adequately defined and quantified through coefficients and standards. In such instances, applying the coefficient or standards defining such functional relationship to the predicted values of demand determinant will identify future demand.

Market Testing

This direct approach may be applicable when potential beneficiaries are unclear about what they want or what they say is inconsistent with what they do. For example, a possible demand for a new agricultural machinery being introduced in the market may be pilot-tested in selected areas

Supply Analysis

This analysis focuses on evaluating existing supply conditions and estimating past and present levels of supply conditions during the project's lifetime.

Gap Analysis

This is an important stage in market analysis as it determines if a market exists for the project's output products and or services and to what extent.

Social Marketing Plan

blueprint of activities that should be undertaken to ensure that the demand for the good or service will be met by providing the supply.

Technical Feasibility

This section of the Feasibility study write up affirms that the agricultural and fisheries machinery and facilities to be procured or provided are technically viable based on the requirements as identified in the needs of the specific project in consideration

Technical Feasibility

discusses how a project can be best executed to address its desired objectives

construction schedule

A construction schedule ensures that infrastructure projects are completed on time and within budget by defining the order, duration, and methods of activities. It should include a breakdown of tasks, sequence of operations, controlling elements for time and cost, construction methods (manual or automated), and resource requirements (manpower, materials, equipment).

Financial Feasibility

This section of the Feasibility study write up presents information and analyses that affirm financial viability.

Depreciation

an accounting process that spreads the cost of an asset over its economic life and tracks how it diminishes over time due to wear and tear or obsolescence. The purpose of recording depreciation as a cost is to spread the initial price of the asset over its economic life.

Income tax liability

Total tax owed based on taxable income.

Profit and Loss Statement

Shows revenues and expenses to calculate net profit. It can be prepared using either absorption costing or contribution approach.

Cash Flow Statement

Tracks cash inflows (receipts) and outflows (expenditures) for both pre-operational and operational phases.

Balance Sheet

Presents assets, liabilities, and equity at a point in time. It must balance to reflect financial feasibility.

Discounting

It entails converting future values into their present worth using the mathematical expression for the time value of money.

Discounting Rate

It is determined by the purpose and application of the discounted cash flow.

Discounting Period

The number of years that benefits and costs are measured and discounted is referred to as the?

Financial Net Present Value (FNPV)

This financial metric represents the difference between the project's present value of benefits and costs over time.

Benefit Cost Ratio (BCR)

is a financial metric that describes the relationship between the present value of expected benefits and incurred costs.

Financial Internal Rate of Return (FIRR)

It is defined as the discount rate at which the present value of the expected benefits equals the present value of the incurred costs.

Liquidity Ratios

It explains the relationship between total assets and current liabilities to assess if a revenue-generating project can pay off its short-term obligations.

Current Ratio

shows how easily a project's current assets can be used to repay its current liabilities and obligations.

Quick Ratio

also known as the acid-test ratio, describes a company's or project's ability to pay short-term debts using its most liquid assets, excluding inventories.

Profitability Ratios

These metrics explain how liquidity, asset management, and debt have a significant impact on operating results. Furthermore, these ratios relate a company's or project's viability to its earnings, expenses, and debt obligations.

Return of Investment Ratio (ROI)

can be used to calculate the time required to recover the capital invested by simply dividing the net profit by the total investment costs. This can be used to evaluate investment decisions because it is comparable across industries.

Return on Equity (ROE) Ratio

calculated by dividing net income by shareholders' equity, which explains the project's profit generation efficiency.

Market Trend Ratios

Explains the relationship between the stock price, income, and book value per share. The ratios reflect investors' perceptions of the project's past performance and future prospects.

Debt Ratios

These metrics determine the project's ability to acquire assets through debt obligations.

Sensitivity Analysis

An analysis method to determine which individual project risks or other sources of uncertainty have the most potential impact on project outcomes by correlating variations in project outcomes with variations in elements of a quantitative risk analysis model.

Socio-economic Feasibility

This section of the Feasibility study write up shows the economic viability, socio-economic impact such as, but not limited to, reduction of Agri-fisheries production cost, increase in yield and income, reduction in travel time, reduction of postharvest losses, generation of jobs and employment attributed to the project.

Economic Analysis

is the assessment of the project's appropriateness in terms of its net contribution to the economic and social welfare of the country as a whole (NEDA, 2005).

Management Feasibility

This section of the Feasibility study write up considers institutional or organizational setup, requirements, and administrative support.

Management Feasibility

It is conducted to determine whether project proponents such as government offices, LGUs, and FCAs have the mandate, experience, and required manpower to implement a particular project as proposed and scheduled. This is critical for both project implementation and operation due to its comprehensive approach to ensuring project sustainability after completion.

Check the validity of the license of the Lead FS Preparer.

What is the first step in the FS evaluation and approval process?

1

In evaluating FS, what is the acceptable value of Benefit-Cost Ratio for financial analysis and economic analysis?

Economic Analysis

For development or non-revenue generating projects, only which analysis is required to be viable and will be given full points if it satisfies all the viability Indicators?

5 points

In the standard FS evaluation form, how many points is allotted for financial, socio-economic, market, and management feasibility?

5% of the first 50 million

Feasibility Study Preparation Cost, Procurement, and Funds. The minimum cost of FS preparation shall be?

PhilGEPS

It is the single, centralized electronic portal that serves as the primary and definitive source of information on government procurement.

2.5%

Feasibility Study Preparation Cost, Procurement, and Funds. If the project exceeds 50 million, how much additional cost is to be added in excess of the initial 50 million pesos?

DBM

Which Department leads the public expenditure management of government resources to ensure the equitable, prudent, transparent, and accountable allocation for national development?

RA 9184- "Government Procurement Reform Act"

This Act shall apply to the Procurement of Infrastructure Projects, Goods, and Consulting Services, regardless of source of funds, whether local or foreign, by all branches and instrumentalities of government, its departments, offices and agencies, including government-owned and/or-controlled corporations and local government units, subject to the provisions of Commonwealth Act No. 138. Any treaty or international or executive agreement affecting the subject matter of this Act to which the Philippine government is a signatory shall be observed.

RA 12009

"New Government Procurement Act"

RA 9184 - "Government Procurement Reform Act" (2003)

This Act shall apply to the Procurement of Infrastructure Projects, Goods, and Consulting Services, regardless of source of funds, whether local or foreign, by all branches and instrumentalities of government, its departments, offices and agencies, including government-owned and/or-controlled corporations and local government units, subject to the provisions of Commonwealth Act No. 138. Any treaty or international or executive agreement affecting the subject matter of this Act to which the Philippine government is a signatory shall be observed.

RA 12009- "New Government Procurement Act" (2024)

An Act Revising Republic Act No. 9184, Otherwise Known As The "Government Procurement Reform Act", And For Other Purposes

Government Procurement Policy Board (GPPB)

As a primary aspect of the Philippine Government's public procurement reform agenda, the ________________________________ was established by virtue of Republic Act No. 9184 (R.A. 9184) as an independent inter-agency body that is impartial, transparent and effective, with private sector representation.

Approved Budget for the Contract

This refers to the budget for the contract duly approved by the Head of the Procuring Entity, as provided for in (1)the GAA and/or continuing appropriations, in the case of NGAs; (2) the corporate budget for the contract approved by the governing board, pursuant to E.O. No. 518, series of 1979, in the case of GOCCs and GFIs; and R.A. No. 8292, in the case of SUCs; or (3) the budget approved by the Sanggunian in the case of LGUs.

Bidding documents

This refers to documents issued by the Procuring Entity as the basis for Bids, furnishing all information necessary for a prospective bidder to prepare a bid for the Goods, Infrastructure Projects, and Consulting Services to be provided. It includes Terms, of reference, eligibility requirements, plans and technical specifications, scope of work, and requirements of the project.