Equipment Technological Transformation Project Feasibility Study

The vitality and competition ability of an enterprise mostly come from its own core technique and product.On the way of the enterprise existing and developing,the technique innovation plays an important role in keeping competition ability,increasing vitality,and guaranteeing the enterprise to develop continually as means of extending the reproduction,transformation and increasing product quality and technique.At the same time,as a kind of fixed assets investment,the technique innovation investment creates the economy increases continuously for social development.Carrying out scientific feasibility study on the project at early stage of investment is an important government instrumentality to strengthen investment management from macro-economics view,and it is also the basis offering scientific decisions to investor and decision-maker.As the scope of the technical innovation project feasibility study is wide,it is seldom discussed separately in interrelated literature about feasibility study.This article tries to start with the actualities and development of feasibility study theory in our country and to research and explore the effective methods for doing feasibility research.The first chapter of the thesis put forward the significance of the research and its background.It is considered that for the sake of achieving good economic returns,the investment in the technological renovation projects must follow the rules of economics,which means first of all,it is indispensable to conduct scientific feasibility study and assessment during the pre-investment period of projects.Chapterâ…¡introduces the concept of a feasibility study,status quo,development,the contents of feasibility study report,and giving a brief introduction on the concept and features of transformation projects.The contents of a feasibility study include three general areas: technology,market demand and situation of financial and economic. Project feasibility study report should have a specific chapter on the technical feasibility,economic viability and uncertainty analysis,and so forth.Technological transformation is a major form of expanding production,and all the production factors and products can become the object of technological transformation.Chapterâ…¢focuses on the theory and analysis methods of feasibility study on technical transformation project.Some personal opinions of existing problems and influence factors about technical transformation feasibility studies are put forward in this chapter, furthermore,preliminary feasibility analysis model of technological transformation project is established.Generally,to evaluate whether an investment project is feasible,there should be technical analysis, economic analysis and uncertainty analysis.Economic evaluation can use financial indicators such as,internal rate of return,net present value and investment payback period,etc.Technological transformation projects,mainly on the economic evaluation of new projects created by the economic benefits,the general principle of effect evaluation method is:to study the differences of costs and benefits on the project under two circumstances construction and not. There are two methods of evaluation,namely,Total Evaluation of Law and Incremental Evaluation Method.Combining the theory and analysis methods above,Chapterâ…£analyses the feasibility of HQ Group Inc.roving machine technological transformation projects.By the analysis of the technical feasibility, economic viability,uncertainties,and other aspects of analysis,it is verified that the technological transformation project feasibility study model established in this paper is operational.The model can be employed to standardize the process of technology projects feasibility study,combing the method of technological transformation project feasibility study,providing a basis and operating method for the feasibility research.Moreover,this feasibility model can be used to similar enterprise projects and also shows a good reference to other industries.