A Feasibility Study is a low-cost risk management tool — a relatively small expenditure will yield measurable results that can help to avoid expensive mistakes in the full project. On conducting your feasibility analysis, you will:
Identify and describe various business scenarios.
Compare and contrast scenarios. Outline criteria for decision making. Who will do the Analysis? How will you Monitor the Study Progress? How to Accept or Reject the Study? How to Use the Results? Whether your application is business, how-to, education, medicine, school, church, sales, marketing, online training or just for fun, PowerShow.
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Feasibility studies can also serve as a basis for creating a small business plan and a marketing plan, both of which you'll need going forward. These 10 steps and considerations can get you started. These 10 steps and considerations can get you started.
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