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What's the difference between a project proposal and a feasibility study report?
Project proposal refers to the project proposal documents put forward by the project preparation unit or project legal person for specific new construction and expansion projects according to the national economic development, national and local medium-and long-term planning, industrial policies, productivity layout, domestic and foreign markets, local internal and external conditions, etc. This is a framework general idea for the proposed project.

Feasibility study report is a report that both parties should make specific investigation, research and analysis on various factors from economy, technology, production, supply and marketing to social environment and law before engaging in an economic activity (investment), determine favorable and unfavorable factors and whether the project is feasible, estimate the success rate, economic benefits and social effects, and submit it to decision makers and competent departments for approval.

The differences between the two are as follows:

1 has different meanings.

Project proposal is a written application for new and expanded projects submitted by the project unit to the Project Management Department of the National Development and Reform Commission. It is an important basis for decision makers to decide whether to approve the project.

The feasibility study report is also a scientific demonstration of the comprehensive technical and economic analysis of the proposed project before the investment decision, and comprehensively demonstrates the necessity, financial profitability and economic rationality of the project construction.

The advanced nature and adaptability of technology, as well as the possibility and feasibility of construction conditions, so as to provide scientific basis for investment decision-making written materials.

2. The accuracy requirements of investment estimation are different.

In general, the investment estimate of project proposal is calculated or compared with similar projects at home and abroad, and the error is allowed to be controlled above 20%. The feasibility study report must make a detailed and accurate accounting of all the expenses required by the project, and the error shall not exceed 10%.

3. Content and depth are different.

The basic contents of the two stages are similar, but the requirements of the project proposal are slightly simple and qualitative. On this basis, the feasibility study report is enriched and supplemented to make it more perfect and have more quantitative arguments.

4. The basis of basic data is different.

The project proposal is based on the national medium-and long-term planning, industry, regional planning and industrial policies, the relevant natural resources conditions and production layout of the proposed project, and the relevant approval documents of the project authorities.

The feasibility study report is not only based on the approved project proposal, but also based on detailed design data and other materials.

5. The content of the study is different.

The project proposal is the initial choice of the project, and its decision whether to carry out the next work mainly depends on the necessity and feasibility of the proposal. Feasibility study needs comprehensive and in-depth technology.

Reference to the above content: Baidu Encyclopedia-Project Proposal

Baidu Encyclopedia-Feasibility Study Report