Definitions for Feasibility Study
fea·si·bil·i·ty study

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1. Feasibility study

   A feasibility study is an assessment of the practicality of a project or system. A feasibility study aims to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats present in the natural environment, the resources required to carry through, and ultimately the prospects for success. In its simplest terms, the two criteria to judge feasibility are cost required and value to be attained.A well-designed feasibility study should provide a historical background of the business or project, a description of the product or service, accounting statements, details of the operations and management, marketing research and policies, financial data, legal requirements and tax obligations. Generally, feasibility studies precede technical development and project implementation. 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 institutions. It must therefore be conducted with an objective, unbiased approach to provide information upon which decisions can be based.

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1. Feasibility study

   The feasibility study is 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.

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1. feasibility study

   A detailed analysis and evaluation of the possibility of a project, proposal or plan in advance to ensure practical, just and fair outcomes and budget costings, budget income, budget expenditure and budget forecast.

   The feasibility study is a wise use of money where the possibility of a specific cost is in the planning stage.

   
   

   Submitted by MaryC on January 27, 2021  

How to pronounce Feasibility Study?

1. Alex

   US English

   David

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   Mark

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   Daniel

   British

   Libby

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   Australian

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How to say Feasibility Study in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Feasibility Study in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of Feasibility Study in Pythagorean Numerology is: 8

Examples of Feasibility Study in a Sentence

1. Constantine Kanyasu:

   We are still doing a feasibility study to see if this project works, there are two companies one from China and another from a Western country that have shown interest.

2. Bertrand Piccard:

   Andre has worked on this airplane... for 12 years, from the feasibility study until now ; it is more than natural that he takes the first step.

3. Michael Watkins:

   The Mars Helicopter project has gone from' blue sky' feasibility study to workable engineering concept to achieving the first flight on another world in a little over six years.

4. Tessie Lambourne:

   The government hasn’t shared the cost and other details other than it’s a feasibility study for the rehabilitation of the runway and bridge, the opposition will be seeking more information from government in due course.

5. Economy Minister Ivan Vrdoljak:

   We are due to sign a deal with consultants who will complete a feasibility study by the end of this year, the final decision will be taken in the first quarter of 2016.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Feasibility_Study
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=Feasibility Study