Prepared by

Batch 11-Construction Management Group

2017-2018 Academic Year
• To apply the knowledge & understanding of feasibility study
for a project from engineering economic point of view
• To get an experience & team spirit doing a sample project
• Feasibility study is the most important stage of the project life
cycle
• Nowadays ‘Sustainability’ become the popular concern
approaching to feasibility study for better projects with better
programs
• Three requirements for sustainable infrastructure
1. Sufficient financing for construction, operations & maintenance
2. Acceptable socioeconomic impacts
3. Acceptable environmental impacts
• Three possible routes for Sule- Airport way
1. Sule pagoda Rd-Zoological Garden Rd-U Htaung Bo Rd-U Wisara Rd- Pyay Rd-
Yangon Airport RD-Yangon Airport
New folder (4)\1.png
 Around 18 km distance
 The most traffic congested route in three
 More Difficult than other two in construction time
1. Sule pagoda Rd-Zoological Garden Rd- Bahan Rd- Kabaaye Pagoda Rd-
Thudamma Rd-Radio station Rd-Yangon Airport
New folder (4)\2.png
 Around 20km distance
 Less congested route in three
1. Sule Pagoda Rd- Strand Rd-Pyay Rd- Insein Rd- Lantit Rd- Pyay Rd- Yangon
Airport Rd-Yangon Airport New folder (4)\3.png
 About 25km distance
 Most straight way in three
Sule pagoda Rd-Zoological Garden Rd-U Htaung Bo Rd-U Wisara Rd- Pyay
Rd-Yangon Airport RD-Yangon Airport
Sule Pagoda Rd- Strand Rd-Pyay Rd- Insein Rd- Lantit Rd- Pyay Rd- Yangon
Airport Rd-Yangon Airport
• Route-2 is selected for feasible study data collection
• Route Distance 20km
• Less congested route in three & in construction time it
is less difficult & congestion problem in three
• Traffic volume will be collected on this route
Date-( 22-Augest-2017)
Day-Tuesday ( Office day)
Time-Morning Peak Hour (8:00am-11:00am) &
Evening Peak Hour(3:30pm-6:30pm)
Location-16.849E, 96.157N
(8.5 km to Airport/8.5km to Sule)
Weather- Fine
No. Lane- 6 lanes
 From Sule-Air Port Directin at Morning Peak Hour

Time Interval PC Mini Bus Bus Light Truck Small Truck Heavy Truk Total

(min) 1.50 2.25 1.00 1.00 3.00

8:00-8:15am
433 4 6 9 20.25 14 14 19 19 0 0 492.25

8:15-8:30am
459 4 6 13 29.25 25 25 16 16 0 0 535.25

8:30-8:45am
386 12 18 15 33.75 34 34 13 13 0 0 484.75

8:45-9:00am
331 1 1.5 9 20.25 16 16 12 12 0 0 380.75

9:00-9:15am
367 1 1.5 9 20.25 20 20 11 11 0 0 419.75

9:15-9:30am
430 3 4.5 12 27 30 30 17 17 0 0 508.5

9:30-9:45am
408 1 1.5 12 27 28 28 22 22 0 0 486.5

9:45-10:00am
484 0 0 20 45 35 35 28 28 0 0 592

10:00-10:15am
425 1 1.5 13 29.25 28 28 32 32 0 0 515.75

10:15-10:30am
560 0 0 23 51.75 29 29 28 28 0 0 668.75

10:30-10:45am
321 0 0 11 24.75 32 32 16 16 0 0 393.75

10:45-11:00am
513 4 6 7 15.75 40 40 21 21 0 0 595.75
 From Air Port-Sule Direction at Morning Peak Hour

Time Interval PC Mini Bus Bus Light Truck Small Truck Heavy Truk Total

(min) 1.00 1.50 2.25 1.00 1.00 3.00

8:00-8:15am
695 4 6 12 27 30 30 24 24 0 0 782

8:15-8:30am
611 6 9 20 45 26 26 15 15 0 0 706

8:30-8:45am
627 9 13.5 22 49.5 36 36 23 23 0 0 749

8:45-9:00am
601 2 3 13 29.25 38 38 17 17 0 0 688.25

9:00-9:15am
585 2 3 22 49.5 28 28 21 21 0 0 686.5

9:15-9:30am
516 0 0 15 33.75 31 31 27 27 0 0 607.75

9:30-9:45am
541 6 9 20 45 34 34 29 29 0 0 658

9:45-10:00am
552 0 0 12 27 52 52 22 22 0 0 653

10:00-10:15am
770 0 0 11 24.75 42 42 27 27 0 0 863.75

10:15-10:30am
612 2 3 16 36 61 61 28 28 0 0 740

10:30-10:45am
518 0 0 12 27 50 50 22 22 0 0 617

10:45-11:00am
589 1 1.5 9 20.25 48 48 29 29 0 0 687.75
 From Sule-Airport Direction at Evening Peak Hour

Time Interval PC Mini Bus Bus Light Truck Small Truck Heavy Truk
Total Traffic Volume
(min) 1.50 2.25 1.00 1.00 3.00

3:30-3:45pm
291 0 0 6 13.5 28 28 27 27 0 0 359.5

3:45-4:00pm
496 1 1.5 12 27 33 33 23 23 0 0 580.5

4:00-4:15pm
425 1 1.5 15 33.75 40 40 15 15 0 0 515.25

4:15-4:30pm
434 1 1.5 10 22.5 36 36 25 25 0 0 519

4:30-4:45pm
510 1 1.5 11 24.75 41 41 28 28 0 0 605.25

4:45-5:00pm
491 0 0 16 36 28 28 33 33 0 0 588

5:00-5:15pm
527 3 4.5 15 33.75 55 55 5 5 0 0 625.25

5:15-5:30pm
398 2 3 11 24.75 37 37 14 14 0 0 476.75

5:30-5:45pm
483 5 7.5 11 24.75 37 37 12 12 0 0 564.25

5:45-6:00pm
452 5 7.5 15 33.75 32 32 14 14 0 0 539.25

6:00-6:15pm
474 6 9 7 15.75 35 35 15 15 0 0 548.75

6:15-6:30pm
451 1 1.5 10 22.5 41 41 6 6 0 0 522
 From Airport-Sule Directin at Eveniing Peak Hour

Time Interval PC Mini Bus Bus Light Truck Small Truck Heavy Truk Total

(min) 1.50 2.25 1.00 1.00 3.00

3:30-3:45
324 0 0 6 13.5 24 24 21 21 0 0 382.5

3:45-4:00
422 1 1.5 11 24.75 32 32 13 13 0 0 493.25

4:00-4:15
519 4 6 10 22.5 35 35 21 21 0 0 603.5

4:15-4:30
452 0 0 7 15.75 30 30 29 29 0 0 526.75

4:30-4:45
461 2 3 9 20.25 32 32 34 34 0 0 550.25

4:45-5:00
416 5 7.5 13 29.25 26 26 14 14 0 0 492.75

5:00-5:15
446 12 18 14 31.5 40 40 13 13 0 0 548.5

5:15-5:30
558 4 6 10 22.5 42 42 7 7 0 0 635.5

5:30-5:45
447 0 0 8 18 39 39 5 5 0 0 509

5:45-6:00
472 1 1.5 12 27 29 29 3 3 0 0 532.5

6:00-6:15
609 1 1.5 13 29.25 43 43 0 0 0 0 682.75

6:15-6:30
552 3 4.5 15 33.75 26 26 8 8 0 0 624.25
 From Sule-Air
Port Directin at
Morning Peak
Hour
1000 From Air Port-
SuleDirectin at
800 Morning Peak
Hour
600

400

200

0
From Air Port-SuleDirectin at Morning Peak Hour
From Sule-Air Port Directin at Morning Peak Hour
 From Sule-Airport
700 Direction at Evening
600 Peak Hour
500

400 From Airport-Sule

300
Directin at Eveniing
Peak Hour
200

100

From Airport-Sule Directin at Eveniing Peak Hour

From Sule-Airport Direction at Evening Peak Hour
• Total Traffic Volume for 6 lane at 6 rush hours =27538 vehicles
• Total Traffic Volume for 1lane at 1 rush hours = 780 vehicles
• According Yangon Traffic condition,
Type Total Hour % on Rush-Hr Traffic Total vehicle/lane

Rush hour 6hr 100% 4,682.33

average 9hr 90% 6,321.15

low hours 9hr 30% 2,107.05

Total Vehicle/Day-
Lane 13,111
• This result is not reliable & suitable to use in express way cos of
collecting in very traffic congested condition
• For 60 km/hr,
• Total bumper distance =15m
• Maximum Possible vehicles per hour-Lane at bumper distance
15m =(20kmx1000m/15m)x
(60km/20km-hr)
• =4000 vehicles/lane-hr
 4 lanes 6 lanes 8 lanes

Rush hour duration 8 6 4

Average our Duration 7 9 11

Rush Hour % 80% 60% 40%

Average Hour 70% 50% 30%

Low Hour 20% 10% 10%

Construction Cost
Income
Maintenance Cost
Reference projects
8-Mile
Hledan Myaenigone Shwegondine Kokkine Junction

Cost (Bk) 14.487 15.971 17.38183333 13.97 15.8

Length (m) 540 705 627.75 505 525

Lane 4 4 4 4 4
20.44800
Unit Cost(Lk/Lane-ft) 136 17.26669261 21.10449793 21.08488288 22.93844367

Completed Year 2012 2015 2013 2013 2016

 Average Future Value at 2018 from Reference Project

Year 2011 2012 2013 2014 2015 2016 2017

n 0 1 2 3 4 5 6
- 20.44800 42.18938 17.26669 22.93844
Project Cost 136 081 0 261 367 0

Rate 15%
NPV@2011
(lk/lane-ft) 70.96

FV@2018
(lk/lane-ft) (164.13)
Average
FV@2017
(lk/lane-ft) (32.83)
 • We approach project cash flow analysis from economic point of
view, so that
IRR should be about 20%
Break-even point will come in around 15 year.
NPV for project life of 15yrs must be positive

• For those option, charge per vehicle will cost as per below
4 lanes 6 lanes 8 lanes
Rush hour % 80% 60% 40%
IRR 21% 20% 20%
NPV 1.45 1.39 2.19
Charge/Vehicle (Kyats) 3000 4000 5000
Maximum Full Demand for each option will reach in 4th operation year.
. .. . .
6.0

4.0

2.0

-
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 4 Lane
6 Lane
(2.0) 8 Lane

(4.0)

(6.0)

(8.0)
 4.0

2.0

-
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
(2.0)

(4.0)
4 Lane
(6.0) 6 Lane
8 Lane
(8.0)

(10.0)

(12.0)

(14.0)

(16.0)
Express Way Length Basic Length 20km

Variation 5km

25.00% on Basic Length

Cost/ft/lane Basic cost -32.82642728lk/ft

Variation 20%on basic cost

Demand variations Basic speed 60.00km/h

Variation 16.67%(10km/h)
 NPV Result for 4 Lane
Sr NPV Frequency Cum-Freq Prpbability
0 -3.14 1.00 1.00 0%
1 -2.54 8.00 9.00 1%
2 -1.95 31.00 40.00 4%
3 -1.36 54.00 94.00 9%
4 -0.76 84.00 178.00 18%
5 -0.17 131.00 309.00 31%
6 0.43 159.00 468.00 47%
7 1.02 159.00 627.00 63%
8 1.62 146.00 773.00 77%
9 2.21 111.00 884.00 88%
10 2.81 72.00 956.00 96%
11 3.40 33.00 989.00 99%
12 4.00 11.00 1000.00 100%
 NPV Result for 6 Lane
Sr NPV Frequency Cum-Freq Prpbability
0 -5.36 1.00 1.00 0%
1 -4.49 8.00 9.00 1%
2 -3.62 32.00 41.00 4%
3 -2.74 54.00 95.00 10%
4 -1.87 84.00 179.00 18%
5 -1.00 131.00 310.00 31%
6 -0.12 161.00 471.00 47%
7 0.75 153.00 624.00 62%
8 1.62 146.00 770.00 77%
9 2.50 118.00 888.00 89%
10 3.37 71.00 959.00 96%
11 4.24 30.00 989.00 99%
12 5.11 11.00 1000.00 100%
 NPV Result for 8 Lane
Sr NPV Frequency Cum-Freq Prpbability
0 -6.87 1.00 1.00 0%
1 -5.70 8.00 9.00 1%
2 -4.52 31.00 40.00 4%
3 -3.35 55.00 95.00 10%
4 -2.18 83.00 178.00 18%
5 -1.01 132.00 310.00 31%
6 0.17 156.00 466.00 47%
7 1.34 159.00 625.00 63%
8 2.51 145.00 770.00 77%
9 3.68 115.00 885.00 89%
10 4.86 73.00 958.00 96%
11 6.03 31.00 989.00 99%
12 7.20 10.00 999.00 100%
 100%

90%

80%

70%

60%
4 lanes
50%
6 lanes
40% 8 lanes

30%

20%

10%

0%
-8.00 -6.00 -4.00 -2.00 0.00 2.00 4.00 6.00 8.00
• As per result,
• % of NPV of 4 lane to be lower than zero is about 31%
• The result graph of 4 lane is steeper slope than others, meaning
narrowest variation & lowest risk in three options
• So 4 Lane is the best option to be chosen
• Better Line of Communication
• Reduce Traffic Congestion Problem of Yangon
• Profit from Reduced Fuel Consumption Cost, Reducing Delay of
Traffic Flow
• Better Productivity of the City, Faster Development
• Environment impact must be investigated, performing the
following procedure.
Environmental Impact Assessment (EIA)
Social Impact Assessment (SIA)
Environmental & Social Impact Assessment(ESIA)
Health Impact Assessment (HIA)
Heritage Impact Assessment (HIA)
Initial Environment Examination(IEE)
Environmental Management Plan (EMP)