Feasibility Study Quiz

What is the primary purpose of a feasibility study?

• To start project development

• To assess the viability of a project or idea

• To implement the solution immediately

• To finalize project design

Which type of feasibility focuses on legal compliance?

• Technical feasibility

• Economic feasibility

• Legal feasibility

• Operational feasibility

Which of the following is a tangible benefit of a project?

• Improved staff morale

• Increased sales

• Better customer relations

• Enhanced flexibility of operations

Which feasibility determines if a project can be completed within the required timeframe?

• Technical feasibility

• Economic feasibility

• Operational feasibility

• Schedule feasibility

What is the result of a feasibility study?

• Project design

• Go/No-Go decision

• Risk management plan

• Resource allocation

Which analysis helps determine the time required to recover project costs?

• Net Present Value Analysis

• Payback Analysis

• Return on Investment Analysis

• Break-Even Point Analysis

What does operational feasibility evaluate?

• Cost constraints

• Legal implications

• User acceptance

• Technology requirements

What type of benefit is 'better customer relations'?

• Tangible benefit

• Intangible benefit

• Operational benefit

• Economic benefit

Which feasibility type examines available skills and expertise?

• Technical feasibility

• Schedule feasibility

• Operational feasibility

• Economic feasibility

Which of the following is not typically included in a feasibility study?

• Analysis of alternatives

• Marketing strategies

• Cost-benefit analysis

• Stakeholder requirements