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Feasibility Study Outline

Feasibility Study Form

Name: Feasibility Study Outline
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.58 (318 reviews)

Category:

Small Business - Checklists

State:

Multi-State

Control #:

US-1214BG

Format:

Instant download

Description

A feasibility study is an important step in business development. This outline below can be used to help you through the feasibility study process. However, not all feasibility studies are alike

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These include areas such as background, project summary, description of operations, market research and legal and financial documents. Furthermore, a well-written feasibility study can help project leaders gain the approval they need to complete the project.

Defining the project scope. Determining current market trends and conducting detailed risk analysis. Defining and reviewing technical and organizational requirements for project viability. Evaluating a comprehensive cost analysis for the project.

The Project Scope which is used to define the business problem and/or opportunity to be addressed. The Current Analysis is used to define and understand the current method of implementation, such as a system, a product, etc. Requirements and how requirements are defined depends on the object of the project's attention.

The five frames of analysis are: The frame of definition; the frame of contextual risks; the frame of potentiality; the parametric frame; the frame of dominant and contingency strategies. The four Ps are traditionally defined as Plan, Processes, People, and Power.

Feasibility is defined as the practical extent to which a project can be performed successfully.To evaluate feasibility, a feasibility study is performed, which determines whether the solution considered to accomplish the requirements is practical and workable in the software.

Technical Feasibility. This assessment focuses on the technical resources available to the organization. Economic Feasibility. Legal Feasibility. Operational Feasibility. Scheduling Feasibility.

Six Essential Feasibility Study Steps. Executive Summary. Clear Project Description. Competitive Landscape. Operating Requirements. Financial Projections.

Feasibility Study Form

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What are the five major dimensions of a feasibility study?

What is feasibility study and its types?

What are the three types of feasibility?

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