Feasiblity study

Feasibility Study

What is it ?

Feasibility study is an assemment system to analyse the features such as strengths and weaknesses of a business , these factors are economic , technical , legal ,operational and scheduling , which all benefit in helping the business in its problems and user requirements.

Possible Constraints Some possible contraints include technology , budget ,financing , law .Looking into a project you have to see if it is feasable , something that is able to be invested in and can afford loss.Within a feasibility study it also can take time and may be costly depending on the type of industry the business is in. Benefits of the study Benefits you are able to optain from a feasiblity study is important as you can get pros and cons isnights on projects you are working on from project managers , which can help the development of the project and see if the invesmtent is worthy.It can also help against makret analysis,competition and business development as well as seeing risks and prevention within it .

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