MARKET & FEASIBILITY STUDY Form

Instructions and help about MARKET & FEASIBILITY STUDY

[Music] today we're talking about how to conduct a feasibility study but first of all I want to start with clarifying what a feasibility study is basically it's an assessment of the practicality of a proposed plan or method basically we want to know is this feasible some of the questions that may generate this or we can hear people asking are do we have or can we create the technology to do this do we have the people resource who can produce this and will we get our ROI our return on investment so when do we do the feasibility study so it's done during a project lifecycle and it's done after the business case because the business case outlines what we're proposing is it a product or service that we're proposing so why do we do this the reason we do this is because we need to determine the factors that will make the business opportunity a success well let's talk about a few steps that we do in order to conduct the feasibility study well first of all we conduct a preliminary analysis of