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September 07, 2025, 03:10:44 am
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Author Topic: Feasibility Study  (Read 2141 times)  Share 

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methodsboy

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Feasibility Study
« on: December 04, 2008, 11:19:37 am »
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what is it ? and what kinds of issues are looked at when conducting this study?
thnx

BTW - i tried googling it but i couldnt find anything
« Last Edit: December 04, 2008, 11:21:36 am by methodsboy »
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excal

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Re: Feasibility Study
« Reply #1 on: December 04, 2008, 11:31:52 am »
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Mainly economic (can we afford it? do the benefits outweigh the costs?), technical (is it technically possible to do?) and social (what impact will it have outside of the organisation? is it ethical?).

There are others, but I don't know if you'll cover them. The questions raised in all feasibility studies, however, boil down to one point - "is it worth it?"

http://en.wikipedia.org/wiki/Feasibility_study
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excal (VCE 05/06) BBIS(IBL) GradCertSc(Statistics) MBBS(Hons) GCertClinUS -- current Master of Medicine candidate
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methodsboy

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Re: Feasibility Study
« Reply #2 on: December 04, 2008, 11:46:36 am »
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k thnx
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Aerith

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Re: Feasibility Study
« Reply #3 on: December 04, 2008, 11:47:34 am »
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methodsboy

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Re: Feasibility Study
« Reply #4 on: December 04, 2008, 11:54:51 am »
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Quote from: Aerith on December 04, 2008, 11:47:34 am
Quote from: methodsboy on December 04, 2008, 11:46:36 am
k thnx

Hey, what school do you go to?
does it matter?
anyways, another question: Should a feasibility study explore more than one option? Why / Why not?
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excal

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Re: Feasibility Study
« Reply #5 on: December 17, 2008, 04:03:45 pm »
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Quote from: methodsboy on December 04, 2008, 11:54:51 am
Quote from: Aerith on December 04, 2008, 11:47:34 am
Quote from: methodsboy on December 04, 2008, 11:46:36 am
k thnx

Hey, what school do you go to?
does it matter?
anyways, another question: Should a feasibility study explore more than one option? Why / Why not?

Yes. It reduces the project's risk.
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excal (VCE 05/06) BBIS(IBL) GradCertSc(Statistics) MBBS(Hons) GCertClinUS -- current Master of Medicine candidate
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iplaywow

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Re: Feasibility Study
« Reply #6 on: October 12, 2010, 03:53:52 pm »
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When you hear the word feasibility think TOE

T echinal - DO WE HAVE THE TECHNOLOGY
O perational - CAN OUR STAFF RUN THIS BEAST?
E conomic - Start up and ongoing costs.
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jbrodski

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Re: Feasibility Study
« Reply #7 on: November 10, 2010, 10:39:46 am »
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This is making me sad about tomorrows exam.
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