Smart What Is Feasibility Study Quora
Can it be done.
What is feasibility study quora. Will the proposed business venture or project work and should you proceed with it. Just as the name implies youre asking Is this feasible. It does not determine whether something is doable.
FEASIBILITY STUDY Feasibility study - is an analysis of the viability of an idea. It would not be incorrect to say that the successful implementation of a project inevitably depends on the feasibility study of the project. Importance of Feasibility Study.
A feasibility study analyzes the viability of a. Will it be acceptable. The Feasibility Study of a project helps the organization project sponsors customers end-users experts and stakeholders to predict the possible outcomes before initiating the project.
Any feasibility study is aimed at assisting decision-makers in determining whether or. Is there any preferred alternative. A feasibility study is simply an assessment of the practicality of a proposed project plan or method.
9 Steps to Conducting a Feasibility Study. Am sure from the questions above you should be able to decipher the objective of a feasibility study - an assessment of viability and feasibility of a project or program. The feasibility study helps to narrow the scope of the project to identify the best business scenarios.
Feasibility Study is the very starting point of any new project. Is an analysis of all possible solutions to a problem and a recommendation on the best solution to use. This is done by analyzing technical economic legal operational and time feasibility factors.