What is Feasibility Study Class 11?
(a) A feasibility study can be defined as a controlled process for identifying problems and opportunities, determining objectives, describing situations, defining successful outcomes, and assessing the range of costs and benefits associated with several alternatives for solving a problem.
What are the parts of feasibility study?
Finally, here is an outline for the nine parts of a feasibility report:
- Executive summary.
- Description of product/service.
- Technology considerations.
- Product/service marketplace.
- Marketing strategy.
- Organization/staffing.
- Schedule.
- Financial projections.
What are the 3 parts of feasibility study?
In general the components of a feasibility study include:
- 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.
How do you do a feasibility study?
Conducting a Feasibility Study
- Step One: Conduct a Preliminary Analysis.
- Step Two: Prepare a Projected Income Statement.
- Step Three: Conduct a Market Survey.
- Step Four: Plan Business Organization and Operations.
- Step Five: Prepare an Opening Day Balance Sheet.
- Step Six: Review and Analyze All Data.
- Step Seven: Make “Go/No Go” Decision.
What does feasibility mean?
capable of being done or carried out
What is feasibility analysis and its types?
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.
What is feasibility study report?
A Feasibility Study Report (FSR) is a formally documented output of feasibility study that summarizes results of the analysis and evaluations conducted to review the proposed solution and investigate project alternatives for the purpose of identifying if the project is really feasible, cost-effective and profitable.
What’s another word for feasibility?
What is another word for feasibility?
| possibility | viability |
|---|---|
| suitability | use |
| utility | value |
| chance | conceivability |
| doability | feasibleness |