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TAMRALIPTA INSTITUTE OF MANAGEMENT &
TECHNOLOGY AFFILIATED BY MAKAUT
Presented By - Arindam Manna
Stream- BBA(6th Semester) Paper Name- Project Management. Paper Code- BBA(601) Presentation On - Feasibility Study Roll No- 21205021010 Reg No - 212122005010010 Content • What is Feasibility Study ? • Types of feasibility Study ? • Importance of Feasibility Study ? • Benefits of a Feasibility Study • Conclusion WHAT IS FEASIBILITY STUDY ? • A feasibility study is a comprehensive evaluation of a proposed project that evaluates all factors critical to its success in order to assess its likelihood of success. Business success can be defined primarily in terms of ROI, which is the amount of profits that will be generated by the project. TYPES OF FEASIBILITY • Technical Feasibility This assessment focuses on the technical resources available to the organization. It helps organizations determine whether the technical resources meet capacity and whether the technical team is capable of converting the ideas into working systems. • Economic Feasibility This assessment typically involves a cost/ benefits analysis of the project, helping organizations determine the viability, cost, and benefits associated with a project before financial resources are allocated. • Legal Feasibility This assessment investigates whether any aspect of the proposed project conflicts with legal requirements like zoning laws, social media laws. Let’s say an organization wants to construct a new office building in a specific location. • Operational Feasibility This assessment involves undertaking a study to analyze and determine whether—and how well—the organization’s needs can be met by completing the project IMPORTANCE OF FEASIBILITY ? • Improves project teams’ focus • Identifies new opportunities • Provides valuable information for a “go/no- go” decision • Narrows the business alternatives • Identifies a valid reason to undertake the project BENIFITS OF FEASIBILITY ?
• Preparing a project's feasibility study is an important
step that may assist project managers in making informed decisions about whether or not to spend time and money on the endeavor. Feasibility studies may also help a company's management avoid taking on a tricky business endeavor by providing them with critical information. CONCLUSION • the conclusion should offer a concise summary of the study's findings, providing a clear direction for decision-makers on whether to proceed with the project . • Overall Feasibility Assessment. • Technical Feasibility. • Economic Feasibility.