Arindam Manna

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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.

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