Week 13: Feasibility Study & Risk Assessment week 13 MAY25C

Based on the introduction, the main topics that will be covered in Week 13's lecture on Feasibility Study & Risk Assessment are:

• Feasibility Study and Risk Assessment

• Marketing Strategies and Sales Techniques

• Software Development Life Cycle and Testing

• Financial Accounting and Auditing

What is the definition of a feasibility study? Fill in the blank: A feasibility study is a comprehensive analysis conducted to determine if a project or business venture is ______ and worth pursuing.

• viable

• expensive

• obsolete

• illegal

Which of the following is NOT a key component of a feasibility study?

• Market feasibility

• Technical feasibility

• Financial feasibility

• Artistic feasibility

• Organisational feasibility

According to the real-world example, which company conducted an extensive feasibility study for its Gigafactory to identify optimal locations and resource requirements?

• Tesla

• Apple

• Amazon

• Toyota

Fill in the blank: ________ Feasibility evaluates market conditions, customer demand, and competitive landscape to determine if there's a viable market.

• Market

• Technical

• Financial

• Operational

Fill in the blank: ________ Feasibility confirms the project complies with relevant laws, regulations, and contractual obligations.

• Legal

• Technical

• Operational

• Economic

Fill in the blank: ________ Feasibility assesses whether the necessary technology, expertise and resources are available to execute the project.

• Technical

• Economic

• Operational

• Legal

Fill in the blank: ________ Feasibility examines project costs, revenue projections, and funding sources to determine financial viability.

• Financial

• Technical

• Operational

• Legal

Fill in the blank: ________ Feasibility evaluates if the organisation has the structure, culture, and capabilities to support the project.

• Organisational

• Technical

• Economic

• Legal

Fill in the blank: One of the benefits of feasibility is ________, which identifies potential obstacles and challenges before significant resources are committed.

• Risk Mitigation

• Resource Allocation

• Market Expansion

• Revenue Generation