In 2Solution52 PROJECT FEASIBILITY STUDYFeasibility literall

Solution

5.2 PROJECT FEASIBILITY STUDYFeasibility literally means whether some idea will work or not. It knows before handwhether there exists a sizeable market for the proposed product/service, what would bethe investment requirements and where to get the funding from, whether andwherefrom the necessary technical know-how to convert the idea into a tangibleproduct may be available, and so on. In other words, feasibility study involves anexamination of the operations, financial, HR and marketing aspects