Feasibility Study

Summary

The eventual feasibility of a Development Trust depends on a number of key factors which correspond to areas of good practice or competence.

• A well-conceived start up process involving key interests in developing a bid to funders based on an outline business plan.

• Recruiting high-calibre people from public, private and voluntary sectors for the Board to develop a shared mission. They will be responsible for the governance of the Trust.

• Establishing sound management practices

• Making communications a two-way process - both presenting ideas well, and listening to others

• Planning for financial sustainability from the start

• Following sound project management practices

The Competence summary sheet, and other main competence sheets, provide more detailed checklists.

Any feasibility work should, therefore, aim to answer the question: How can we create a competent Development Trust?

From the above it should be clear that feasibility is more than a question of identifying project opportunities and funding sources. It also involves finding people with commitment and skills, and ways