A feasibility study is an evaluation of a proposal designed to determine the difficulty in carrying out a designated task. Generally, a feasibility study precedes technical development and project implementation. In other words, a feasibility study is an evaluation or analysis of the potential impact of a proposed project.

Five common factors (TELOS)

Technology and system feasibility

The assessment is based on an outline design of system requirements in terms of Input, Processes, Output, Fields, Programs, and Procedures. This can be quantified in terms of volumes of data, trends, frequency of updating, etc. in order to estimate whether the new system will perform adequately or not. Technological feasibility is carried out to determine whether the company has the capability, in terms of software, hardware, personnel and expertise, to handle the completion of the project.

Economic feasibility

Economic analysis is the most frequently used method for evaluating the effectiveness of a new system. More commonly known as cost/benefit analysis, the procedure is to determine the benefits and savings that are expected from a candidate system and compare them with costs. If benefits outweigh costs, then the decision is made to design and implement the system. An entrepreneur must accurately weigh the cost versus benefits before taking an action.

Cost Based Study: It is important to identify cost and benefit factors, which can be categorized as follows: 1. Development costs; and 2. Operating costs. This is an analysis of the costs to be incurred in the system and the benefits derivable out of the system.

Time Based Study: This is an analysis of the time required to achieve a return on investments. the benefits derived from the system. The future value of a project is also a factor.

Legal feasibility

Determines whether the proposed system conflicts with legal requirements, e.g. a data processing system must comply with the local Data Protection Acts.

Operational feasibility

Is a measure of how well a proposed system solves the problems, and takes advantage of the opportunities identified during scope definition and how it satisfies the requirements identified in the requirements analysis phase of system development.

From Wikipedia under the GNU Free Documentation License
Thu Sep 2 22:28:54 2010

what are feasibility study ideas for biodegradable or non biodegradable wastes?
Q. what are feasibility study ideas for biodegradable or non biodegradable wastes?
Asked by Fern - Mon Sep 1 16:26:29 2008 - - 1 Answers - 0 Comments
What are the purpose of a feasibility study? Can you do a feasibility study to purchase a software package?
Q. What are the purpose of a feasibility study? Can you do a feasibility study to purchase a software package?
Asked by PAT K - Thu Jun 14 20:46:18 2007 - - 1 Answers - 0 Comments

A. Check here for the purpose ... Yes, you can do a feasibility study for purchasing software.
Answered by jdkilp - Fri Jun 15 19:08:06 2007

Who prepares the feasibility study?
Q. Who prepares the feasibility study?
Asked by ahilanie aiko - Fri Jun 11 21:42:36 2010 - - 1 Answers - 0 Comments

From Yahoo Answer Search: "feasibility study"
Thu Sep 2 20:01:06 2010

Vietnam War Museum could cost $50 million
ocregister.com
Vietnam War Museum could cost $50 million

Mon, 09 Aug 2010 12:01:00 PDT

. The city in January authorized a $25000 feasibility study and set... ... huy members memorial museum project study vietnam war westminster city ... ocregister.com.​

Mike Solomon - CEO at Wesizwe
multimedia.​avusa.​co.​za
Mike Solomon - CEO at Wesizwe

Mon, 31 Mar 2008 17:00:00 PDT

executive Michael Solomon announces the completion of their bankable feasibility study - BFS - and a capital raising programme to start building ... multimedia.avus​a.co.za.

$698422 beds/baths Commercial LAND O LAKES FL 34639 Pasco WILLIS ESTATES T2429749
gulfsideland.​com
$698422 beds/baths Commercial LAND O LAKES FL 34639 Pasco WILLIS ESTATES T2429749

Sun, 01 Aug 2010 03:28:58 PDT

year lease pays 3k a year and can be moved to property line, has had a Feasibility study 6350' max height 60' Dec 2007 - COM ... $698 ... gulfsideland.co​m.

From Google Video Search: "feasibility study"
Fri Sep 3 10:13:05 2010

List of potential Savannah arena sites, purposes growing - Savannah Morning News
savannahnow.com
List of potential Savannah arena sites, purposes growing - Savannah Morning News
Sun, 29 Aug 2010 04:22:13 GMT+00:00
Savannah Morning News That group, she said, also would recommend a firm to conduct a feasibility study . She hopes to have members of the advisory group named in September. ...
Rock and Roll Hall of Fame and Museum is going strong, 15 years after opening - Plain Dealer
cleveland.com
Rock and Roll Hall of Fame and Museum is going strong, 15 years after opening - Plain Dealer
Sun, 29 Aug 2010 04:10:14 GMT+00:00
Plain Dealer A 1992 feasibility study by the accounting firm Deloitte & Touche projected the hall would draw between 6000 and 1 million visitors annually, ...
44-mile bike, pedestrian path under way - North Bay Business Journal
northbaybusinessjournal.com
44-mile bike, pedestrian path under way - North Bay Business Journal
Mon, 30 Aug 2010 11:32:57 GMT+00:00
North Bay Business Journal The transportation and planning Agency commissioned a $1000 feasibility study in 2007, and the county Board of Supervisors passed a resolution supporting ...

From Google News Search: "feasibility study"
Fri Sep 3 10:13:05 2010

No Image
ertc.deqp.go.th
No Image
342px x 542px | 85.30kB

[source page]

min and Ld Ln during 10 00 to 18 00 o clock and 22 00 to 0 00 o clock were calculated and compared to the whole daytime and nighttime values as shown in Table 3 The values of the average

TT2Study 11 jpg
radomes.org
TT2Study 11 jpg
969px x 1339px | 68.30kB

[source page]

Second deck plan Added Quarters Scheme A 3

2004 vietnam hcmc feasibility study kick off workshop jpg
liemberger.cc
2004 vietnam hcmc feasibility study kick off workshop jpg
600px x 800px | 122.00kB

[source page]



From Yahoo Image Search: "feasibility study"
Fri Sep 3 10:13:05 2010

 Feasibility study into water pipeline to Barraba - media release ...
environment.gov.au
Feasibility study into water pipeline to Barraba - media release ...

unknown

Mon, 31 May 2010 01:51:00 GM

Tamworth Regional Council will receive up to $3000 in joint funding from the Australian and New South Wales Governments towards a . feasibility study. into supplying water to Barraba through a pipeline from Split Rock Dam. ...

From Google Blog Search: "feasibility study"
Fri Sep 3 13:32:13 2010

From Wikiquote under the GNU Free Documentation License.
Fri Sep 3 10:13:04 2010

See also:

  • Taylor ResearchTaylor Research
    taylorresearch.com
    Professional video conferencing and market research facilities in San Diego, California.
  • Technalysis Inc.Technalysis Inc.
    technalysis.on.ca
    Business-to-business, industrial and technological marketing research and consulting. Focus groups, new product/market potential evaluation, customer satisfaction/loyalty measurement, evaluation of marketing programs.
  • Catalina MarketingCatalina Marketing
    catalinamarketing.com
    Offer services within behavior-based marketing and targeted advertising. Located in St Petersburg, Florida, USA.
Custom search only feasibility study sites:

Help build the largest human-edited directory on the web.
Submit a Site - Open Directory Project - Become an Editor
Fri Sep 3 10:04:56 2010