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  1. What Is a Feasibility Study? How to Conduct One for …

    Learn what a feasibility study is, why it's important and how to do one for your project. Find out the types, elements and steps of a feasibility study and download free templates.

    ProjectManager

    A feasibility study is simply an assessment of the practicality of a proposed project plan or method. This is done by analyzing technical, economic, legal, operational and time feasibility factors. Just as the name implies, you’re asking, “Is this feasible?” For example, do you have or can you create the technology that accomplishes what you propos...

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    A project feasibility study should be done during the project management life cycle after the business casehas been completed. So, that’s the “what” and the “when” but how about the “why?” Why is it important to conduct a feasibility study? An effective feasibility study points a project in the right direction by helping decision-makers have a holi...

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    The findings of your project feasibility study are compiled in a feasibility report that usually includes the following elements. 1. Executive summary 2. Description of product/service 3. Technology considerations 4. Product/service marketplace 5. Marketing strategy 6. Organization/staffing 7. Schedule 8. Financial projections 9. Findings and recom...

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    Use this free feasibility study template for Wordto begin your own feasibility study. It has all the fundamental sections for you to get started, and it’s flexible enough to adapt to your specific needs. Download yours today.

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