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In Biology / Senior High School | 2025-08-19

Summarize Feasibility study​

Asked by markanthonygragata65

Answer (1)

Answer:A feasibility study is an assessment of the practicality of a proposed project or system. It aims to determine if the project is likely to succeed by considering various factors:Technical feasibility: Can we build it? Do we have the technology and resources?Economic feasibility: Can we afford it? Will the benefits outweigh the costs?Legal feasibility: Is it legal? Does it comply with regulations and laws?Operational feasibility: Can we operate it? Does it fit with our existing systems and processes?Schedule feasibility: Can we complete it on time? Is the timeline realistic?The study helps decision-makers determine whether to proceed with a project, abandon it, or refine the plan. It's a crucial step in planning and risk management.

Answered by Velvrix | 2025-08-19