Feasibility Study Intro

What does feasibility mean?

• Impracticality or unlikelihood of something being successful or achievable
• —Analysis of an idea or project in order to discover its possible future difficulties

• Theoreticality or possibility of something being successful or achievable
• Impossibility or certainty of something being successful or achievable

What is the use of a Feasibility Study?

• To decide which movie to watch on a Friday night
• To calculate the average temperature in a region
• To determine the best color scheme for a website
• To assess if a proposed project or business venture is practical and possible.

What question does a feasibility study answer?

• What colour is the sky?

• How can you bake a cake?

• When is the next holiday?

• Should we use this idea?

How many FS sections are there?

• 5
• 10
• 3
• 6

What is in the DEFINITION section?

• Historical background of a topic
• Meaning or explanation of a specific term or concept
• States the new idea you are considering.

• List of synonyms

What question is NOT answered in the DEFINITION section?

• What is your new idea?

• Where will you start this plan?

• Who will this plan impact?

• How will this plan be implemented?

In the CURRENT CONDITION section, what is the key question?

• Why are you considering this idea?

• Who will start this idea?

• Where will you start this idea?

• Who will this idea affect?

What question should you NOT answer in EVALUATION section?

• Where is the project located?

• What is the link between existing projects and yours?

• What is the rationale for your idea?

• What are the company's recent & current projects?

In the COURSE OF ACTION section, what is the key question?

• What is the key question in the EVIDENCE section?
• What is the key question in the INTRODUCTION section?
• What is the key question in the CONCLUSION section?
• How would this plan be implemented?

Which question is NOT answered in COURSE OF ACTION section?

• How will your company implement its plan?

• How will you let stakeholders know about the plan?

• What challenges will you need to overcome?

• How will this project be started?