Feasibility study

Jun 29th, 2015
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The University of Texas at Tyler
Course: general
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Feasibility studies aim to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats present in theenvironment, the resources required to carry through, and ultimately the prospects for success.

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A. DEFINITIONFeasibility studyFrom Wikipedia, the free encyclopediaFor other uses, seeFeasibility study (disambiguation).Thefeasibility studyis an evaluation and analysis of the potential of a proposed project which is based on extensive investigation and research to support the process of decision making.Contents[hide]1Overview2Feasibility study topics2.1Common factors2.2Other feasibility factors2.3Market research study and analysis3See also4References5Further reading6External linksOverview[edit]Feasibility studies aim to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats present in theenvironment, theresourcesrequired to carry through, and ultimately the prospects for success.[1][2]In its simplest terms, the two criteria to judge feasibility arecostrequired andvalueto be attained.[3]A well-designed feasibility study should provide a historical background of the business or project, a description of theproductorservice, accounting statements, details of theoperationsandmanagement,marketing researchand policies, financial data, legal requirements and tax obligations.[1]Generally, feasibility studies precede technical development andprojectimplementation.A feasibility study evaluates the project's potential for success; therefore, perceived objectivity is an important factor in the credibility of the study for potential investors and lending in

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