Question

Explain in brief 'conducting Feasibility studies'.

Answer 1

· A feasibility study is an analysis used in measuring the ability and likelihood to complete a project successfully including all relevant factors. It must account for factors that affect it such as economic, technological, legal and scheduling factors.The Many Types. There are many different types of feasibility studies; here is a list of some of the most common: ... Economic Feasibility – Given the financial resources of the company, is the project something that can be completed? The economic feasibility study is more commonly called the cost/benefit analysis.