| Just as other construction projects, there are some uncertainty factors which containsproject constructing, funds raising, the design of the constructive function and theconstruction benefits in the construction project. The construction of WeiFang west wastewater treatment has great significance in the melioration of Urban Environment in WeiFang.Because of the characteristics of the construction project of the waste water treatment, so theresearch on its feasibility is the key point to ensure the implementation of the project, and italso establish a theoretical basis for other similar construction projects.This paper researches the Weifang West waste water treatment project with on feasibletheory and method. At first it mainly explains the background of the proposing of the questionand the significance of the article. Besides, it describes the present research situation at homeand abroad and discusses the principal method of the article.Then it confirms the necessity ofthe project by assessing the objects of the project construction, the construction scale, thegeneral situation of the city and natural conditions, and the situation of the city water supplyand drainage. According to the design of the project and other factors like organization,construction schedule, environmental protection, safety and hygiene, fire departments, energyconservation, and public bidding, the article will discusses the progressiveness and rationalityof the project. And according to the investment scale and estimated cost of the project by themethods of the statement of cash flows, payback period, sensitivity analysis etc. Judge thefeasibility of the project by evaluating its profitability, and balance the funds and appraisal ofsociety and environment. In the last section The paper will analyze the economic benefits,societal benefits and environmental benefits of the project through energy conservation,consumption of the energy and environmental benefits. |