This document provides information on what a feasibility study entails. It defines feasibility as the possibility that something can be achieved or is reasonable. A feasibility study includes estimates of expertise required, assessments of resources, identification of critical points, a timeline, and cost estimate. It also analyzes a proposed project to determine if it is technically feasible, cost-effective, profitable, and operational. The importance of a feasibility study is that it helps determine if a project is likely to succeed and provides focused and specific alternatives and solutions.