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A feasibility study essentially determines the strengths and weaknesses of a business proposal. The output is normally a series of options or recommendations, ranging from do nothing, right through to technical development and project implementation, delivery and support. Importantly the feasibility study should also include the evaluation criteria, list of assumptions, study findings and context in which the study was run. As often happens, something considered not viable today, can often become viable with changing circumstances in the future. Always useful to keep those feasibility studies, because they can often be dusted down, updated and given a new lease of life in future. Feasibility studies can be considered a companies intellectual crown jewels, and should be treated as such.

Usually, after a feasibility study, the company may decide to initiate/execute projects

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