Feasibility Study For Petrifaction Project

Utilizing fundamental methodology and theory of feasibility research and taking example of Petroleum Project, this article carries out discussions and investigations into development, marketing prospect and pros and cons of oil industry via analysis and assessment on technical and financial aspect, with a targeting feasibility research, from the perspectives of, inclusive but not limited to environmental protection, safety and sanitation, fire control and energy savings. A productive result was harvested through this series of debates and discussions, aiming to help decision makers'strategy and increase profitable investments.Feasibility study is a comprehensive Systematic analytical method providing the basis for the Project decision-making. The aim of the feasibility study is to choose the best investment Project, increase the investment benefits, and avoid decision-making mistakes. It plays an important role in completing Project successfully The paper firstly introduces the yield, application and development as well as the situation in our country, then, the basic contents and the theories are introduced in details which are used to point out the advantages and main Problems of our nation's feasibility study.Investments decisions and feasibility researches have been stepping into productive pattern in this country, accompanying with continuous growth of information technology and applying soft scientific achievements. Adopting expert system for feasibility researches is an inevitable path to the future. In order to eradicate the problem roots that are introduced in this article, we need to enhance orders and regulations, nurturing improved project management professionals from high level education institute, referencing from international conventions and optimize our construction project management structure for feasibility researches, so that the project management could extend its coverage thoroughly over construction projects in the senses of variety of functions and duration, all that, will bring feasibility research and quality of decision making in this nation to the next level.