Feasibility study

A study to examine the viability of taking on a project.

A feasibility study takes place during a project initiation phase and is made before significant expenses are engaged. I typically includes technical and economic aspects. The conclusion will determine if a production decision can be made and is used for financing arrangements.

Our glossary of project management let you find the terms and definitions that are commonly used in business and project management. Use the form below to find a term.

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