Project Financial Feasibility Study of New Junior High School Class Building Construction (Case Study of XYZ Foundation)



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Submitted Jul 13, 2023
Published May 19, 2024
10.24018/ejbmr.2024.9.3.2088

Abstract viewed = 437 times

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As a foundation engaged in education, XYZ Foundation seeks to provide the availability and quality of education in Indonesia by establishing Islamic boarding schools consisting of various education levels. XYZ Junior High School is one of the school units formed by the XYZ Foundation, which has increased the interest of new students in recent years. Hence, the foundation must increase its capacity to accept new students by building a new class at XYZ Junior High School.

The financial feasibility study on the XYZ junior high school new class building construction project aims to assess whether the project is financially feasible or not. This study uses several parameters to assess the financial feasibility of the project, namely the net present value (NPV), internal rate return (IRR), payback period (PBP), and profitability index (PI). Risk analysis in the form of sensitivity and scenario analysis is also carried out to determine the factors influencing the project’s financial feasibility.

Keywords: Class building construction Educational foundations Financial feasibility study Investment project

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