Revolutionary benefits await with captured program feasibility insights

Types of Feasibility Studies

Feasibility studies can be categorized into several types, each focusing on different aspects of a project:

• Technical Feasibility: Assesses whether the technology needed for a project is available and viable.
• Economic Feasibility: Evaluates the cost-effectiveness of a project, including potential financial benefits.
• Legal Feasibility: Examines potential legal issues and compliance with regulations.
• Operational Feasibility: Considers whether the project can be executed within existing operational capabilities.
• Schedule Feasibility: Determines if the project timeline is realistic and achievable.