Concept information
Preferred term
feasibility study
Definition
- An investigation into a proposed plan or project to determine whether it can be successfully and profitably implemented. This normally includes analysis of the technical, financial, and market issues, including an estimate of the resources that would be required in terms of materials, time, personnel, and finance, as well as the return on investment. [Source: Dictionary of Strategy: Strategic Management A-Z; Feasibility Study]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/feasibility_study
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