Assessment of the practicality of a project or system
For other uses, see Feasibility study (disambiguation).
A feasibility study is an assessment of the practicality of a project or system. A feasibility study aims to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats present in the natural environment, the resources required to carry through, and ultimately the prospects for success.[1][2][3] In its simplest terms, the two criteria to judge feasibility are cost required and value to be attained.[4]
A well-designed feasibility study should provide a historical background of the business or project, a description of the product or service, accounting statements, details of the operations and management, marketing research and policies, financial data, legal requirements and tax obligations.[1] Generally, feasibility studies precede technical development and project implementation. A feasibility study evaluates the project's potential for success; therefore, perceived objectivity is an important factor in the credibility of the study for potential investors and lending institutions.[citation needed][5] It must therefore be conducted with an objective, unbiased approach to provide information upon which decisions can be based.[citation needed]
^ abJustis, R. T. & Kreigsmann, B. (1979). The feasibility study as a tool for venture analysis. Business Journal of Small Business Management 17 (1) 35-42.
^Georgakellos, D. A. & Marcis, A. M. (2009). Application of the semantic learning approach in the feasibility studies preparation training process. Information Systems Management 26 (3) 231-240.
^McLeod, Sam (2021-12-01). "Feasibility studies for novel and complex projects: Principles synthesised through an integrative review". Project Leadership and Society. 2: 100022. doi:10.1016/j.plas.2021.100022.
^Young, G. I. M. (1970). Feasibility studies. Appraisal Journal 38 (3) 376-383.
^Feasibility studies as a tool for successful co-operative business enterprises "(A case study of the importance of Feasibility students to co-operative investment)". grossarchive.com. Retrieved 2015-11-09.
tax obligations. Generally, feasibilitystudies precede technical development and project implementation. A feasibilitystudy evaluates the project's potential...
experiment... a feasibilitystudy. A six-block suburban area –people and all– is teleported to Luminos. The Luminoids will study the feasibility of enslaving...
of feasibilitystudy used in mining, order of magnitude, preliminary feasibility and detailed feasibility. Order of magnitude feasibilitystudies (sometimes...
Look up feasibility in Wiktionary, the free dictionary. Feasibility may refer to: Logical possibility, an achievable thing Feasible region, a region that...
pilot experiment, pilot study, pilot test or pilot project is a small-scale preliminary study conducted to evaluate feasibility, duration, cost, adverse...
from exploration and discovery of the mineral resources, through feasibilitystudy, mine design, development of plans, production and operations to mine...
a feasibilitystudy, with partial funding from the Canadian International Development Agency. The study concluded that the port could be feasibly developed...
resources are used effectively. A feasibilitystudy is an assessment of the practicality of a project or system. A feasibilitystudy aims to objectively and rationally...
feasibility report is generated following which Post Feasibility Review is performed. The purpose of a feasibility assessment is to determine whether the engineer's...
Project Lyra is a feasibilitystudy of a mission to interstellar objects such as ʻOumuamua and 2I/Borisov, initiated on 30 October 2017 by the Initiative...
discuss] In 1953, the National Research Council of Canada commissioned a feasibilitystudy on the idea of planting a large explosive charge underneath the peaks...
estimated cost of the project. The survey conducted a track type feasibilitystudy at different places. Three types were considered: underground track...
matter from 1975 onward. He was appointed to make a first preliminary feasibilitystudy by the German Federal Ministry of Economics in Bonn. Bassler was the...
2011. "RITES to studyfeasibility". Deccan Chronicle. 6 July 2013. Retrieved 28 September 2013. Our Bureau (5 July 2013). "Feasibilitystudy for Kochi Metro...
The product of this stage is a formal feasibilitystudy document. SSADM specifies the sections that the study should contain including any preliminary...
of Barcelona and Zaragoza at the Pyrenees region have conducted feasibilitystudies. In 2022, Spain withdrew their bid. Vancouver, Canada, made a preliminary...
The Apollo spacecraft feasibilitystudy was conducted by NASA from July 1960 through May 1961 to investigate preliminary designs for a post-Project Mercury...
Severn Tidal Power FeasibilityStudy is the name of a UK Government feasibilitystudy into a tidal power project looking at the possibility of using the...
known as Rail Baltica I, is subject to the results of an Upgrade FeasibilityStudy. On 14 February 2018, the Ministry of Public Administration of the...
Passive Underwater Fire Control Feasibility System (or Study) (PUFFS) was a passive sonar system for submarines. It was designated AN/BQG-4 and was primarily...
national governments of Togo and Yemen, World Bank conducted two feasibilitystudies of the social risk management framework. Within the Africa Region...
dismissed the proposal. A feasibilitystudy of the bridge-tunnel combination was done in 2018.[failed verification] The study says it would increase trade...
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