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Feasibility study

From Simple English Wikipedia, the free encyclopedia

A feasibility study looks at how easy it will be to complete a project or system. A feasibility study is based on two things: the cost of a project, and the value the project might bring.

Feasibility studies try to answer these questions:[1]

  • What are the strengths and weaknesses of the project?
  • What opportunities and threats exist?
  • What items will be needed to complete this project?
  • How likely is it that this project will succeed?
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References

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  1. McLeod, Sam (1 December 2021). "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.

Further reading

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Other websites

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