A feasibility study is the analysis of the practicability of a proposed idea. It takes all of a project's relevant factors into account—including economic, technical, legal, and scheduling considerations—to ascertain the likelihood of completing the project successfully.

Feasibility studies also can provide a company's management with crucial information that could prevent the company from entering blindly into risky businesses.

A properly researched and executed feasibility study is capable of clearly identifying possible issues that can arise when a project is implemented, understanding financial, operational and potential other organizational impacts. It determines if the project will be productive after considering all the influencing factors.

If you want a feasibility study that help answer your concerns, provide a planned perspective and an independent view to your optimistic ideas, our organizational consultants have extensive experience in making business plans and conducting feasibility studies.