The difference between feasibility study and a viability study is in what they determine. Feasibility study looks at the practicability of the business while viability studies look at how well a business can stand risks and survive.
The meaning of socio-economic study in feasibility study refers to the financial viability of a given business establishment.
Why is feasibility study important for system design?Read more: Why_is_feasibility_study_important_for_system_design
The four main criteria used to test the feasibility of a project are technical feasibility, economic feasibility, legal feasibility, and operational feasibility. Technical feasibility assesses whether the project's technology and resources can achieve the desired outcomes. Economic feasibility evaluates the cost-effectiveness and financial viability of the project. Legal feasibility examines compliance with laws and regulations, while operational feasibility considers whether the organization can effectively implement and sustain the project within its existing operational framework.
wy is the major and basic assumptions very important in the preparation of the feasibility study?
technical feasibility financial feasibility delivery wise feasibility these three i know
you have to study thefollowing 1- economic feasibility 2- technical feasibility 3-financial feasibility 4-marketingb feasibility
The technical aspect of a feasibility study includes examining the process or making a model to see if it is doable. A model can be created using a simulation.
yes. operational,economical,and technical study
Market Study Management Study Technical Study Financial Study Social Desirability Market Study Management Study Technical Study Financial Study Social Desirability
The feasibility study contents are: market analysis and the scope of the project; social and environment feasibility; technical feasibility; risk studies; preliminary cost assessment; the financial analysis; economic feasibility and project implementation outline. These help in the process of decision making of the proposed project.
The feasibility study has 2 components:1. Feasibility Study Request2. Feasibility Study Report
Economic (benefit) Economic (costs) Technical Schedule Operational
Feasibility study
parts of the feasibility study
feasibility study
Marketing Feasibility study