Feasibility Study
A Feasibility Study is a systematic analysis to evaluate the feasibility of a project. It takes into account technical, economic, legal and time considerations to make informed decisions.
Effort: medium Difficulty: medium Effectiveness: long
Whether you are conducting a feasibility study on your own or as part of a team, you will need a wide range of skills to address the various dimensions. The main purpose of a feasibility study is to assess the feasibility of a new project or venture.
💡 Tip from practice: Use interdisciplinary teams to bring different perspectives to the feasibility study.
Related methods
RE Requirements Engineering PC Project Charter EA Environmental Analysis CBA Cost–Benefit Analysis GA Gap Analysis
The full step-by-step guide and more practical tips are in the app and the book.
Public: teaser, category badges, one tip, related methods. Reserved for book/app: the full step-by-step guide, all further tips, and the detailed assessment.