Feasibility study

1. PROJECT FEASIBILITY AND
ENTERPRISE DEVELOPMENT
Topic-2
Lecture-1

2. What is project feasibility?
• Feasibility refers to whether or not a project
will be successful and how to overcome
potential obstacles for the project.

3. • Project feasibility is the study of various elements of project's to
determine if it has the potential for success.
• Before a project begins, a company can evaluate the project's
feasibility to identify obstacles, form strategies to overcome them
and ultimately attract investors.
• Managers consider their available resources and financial
requirements when determining a project's feasibility.
• The feasibility of a project becomes clear when a business plans to
launch a new product, expand its location or perform activities that
impact the company and its departments.

4. Why are feasibility studies important?
• A feasibility study presents the pros and cons of a project so
managers and stakeholders are aware of the project's
potential problems before its implementation. The study may
save the company money and time by first confirming that the
project is worthwhile and can likely reach a successful
conclusion

5. Feasibility studies answer questions about the availability of resources, the
tools teams need to complete the project and the project's return on
investment (ROI). Feasibility studies also help project managers and
stakeholders:
• Understand all aspects of the project feasibility
• Find potential problems during the project's implementation
• Determine the viability of the project
• Define alternative solutions to obstacles
• Enhance project success by analyzing data from multiple sources
• Identify obstacles and challenges

6. THANK YOU