Feasibilty study

The college also worried about public opinion of the neighborhood—the original home of this college for more than years. The study will help you assess the tradeoff between the risks and rewards of moving forward with the business project. Results and Conclusions The conclusions of the feasibility study should outline in depth the various scenarios examined and the implications, strengths and weaknesses of each.

It also serves as an independent project assessment and enhances project credibility—helping decision-makers determine the positive economic benefits to the organization that the proposed project will provide. Technical Feasibility This assessment focuses on the technical resources available to the organization.

feasibility study pdf

Accounting statements. Time feasibility is a measure of how reasonable the project timetable is. We need to buy the building, tie up the site and bid on the equipment. During the feasibility process you may investigate a variety of ways of organizing the business and positioning your product in the marketplace.

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Why a Feasibility Study is Important in Project Management