Learn what a feasibility study is, why it is important, and how to conduct one. Explore the different types of feasibility study (technical, economic, legal, operational, and scheduling) and see real-life examples. Feasibility describes how easy or difficult it is to do something. When you set a goal at work, think about the long-term feasibility of accomplishing what you want. Feasibility definition: the possibility, capability, or likelihood of something being done or accomplished (often used attributively): A wireless feasibility study last year yielded discouraging results, so the city will not be proceeding with a citywide Wi-Fi network.. Before allocating sources, a feasibility study is a crucial tool for determining whether or not the project is feasible. To confirm whether the project is technically, financially, and operationally feasible, it includes evaluating a variety of factors. What is a Feasibility Study? A Feasibility Study in Project Management is a comprehensive analysis conducted to determine the practicality and viability of a proposed project. It assesses various aspects such as technical, economic, legal ...
