Difference between revisions of "Feasibility study"
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According to the [[BABOK Guide|BABOK Guide (3rd edition)]], | According to the [[BABOK Guide|BABOK Guide (3rd edition)]], | ||
:[[Feasibility study]]. An evaluation of proposed alternatives to determine if they are technically, organizationally, and economically possible within the constraints of the enterprise, and whether they will deliver the desired benefits to the enterprise. | :[[Feasibility study]]. An evaluation of proposed alternatives to determine if they are technically, organizationally, and economically possible within the constraints of the enterprise, and whether they will deliver the desired benefits to the enterprise. | ||
| + | According to the [[HRBoK Guide]], | ||
| + | :[[Feasibility study]]. Investigation, analysis of what is possible. Research and analysis to determine if a project will succeed. | ||
[[Category: Management]][[Category: Articles]][[Category: Business Analysis]] | [[Category: Management]][[Category: Articles]][[Category: Business Analysis]] | ||
Latest revision as of 18:48, 19 July 2020
Feasibility study is an analysis of the various aspects of a proposed entrepreneurial venture designed to determine its feasibility.
Definition
According to Management by Robbins and Coulter (14th edition),
- Feasibility study. An analysis of the various aspects of a proposed entrepreneurial venture designed to determine its feasibility.
According to the BABOK Guide (3rd edition),
- Feasibility study. An evaluation of proposed alternatives to determine if they are technically, organizationally, and economically possible within the constraints of the enterprise, and whether they will deliver the desired benefits to the enterprise.
According to the HRBoK Guide,
- Feasibility study. Investigation, analysis of what is possible. Research and analysis to determine if a project will succeed.
