Feasibility: Learn the meaning of feasibility

Learn the meaning of feasibility , the possibility that something can be made, done, or achieved, or is reasonable. See how to use the word in sentences and find synonyms, antonyms, and related words. Learn what a feasibility study is, why it is important, and how to conduct one. Explore the different types of feasibility study (technical, economic, legal, operational, and scheduling) and see real-life examples. A feasibility study is an important step in the project planning process of any new project, be it a business venture, new product development, or infrastructure project. There are several feasibility studies and all types of feasibility study focuses on specific aspects of a project. Below is a detailed overview of the most common types of feasibility study: The feasibility analysis includes several types of feasibility study, some of which are as follows: Technical Feasibility Economic ... A feasibility study is a determining factor that evaluates whether the project is financially and technically sound and viable.