Simple What Is Feasibility Study Definition
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Financial feasibility analysis is the investigation of a business plan to determine whether it would work in terms of having enough money to survive and having the prospect of profitability.
What is feasibility study definition. E Look for a second opinion on the feasibility study Inflation. For the purpose of this article feasibility study is defined as those clearly articulated moves that are made by. The term inflation can be defined as the upsurge in the price level of a bundle of services.
A feasibility study analyzes the viability of a project to. However the viability study only looks at how profitable or commercially. They tend to be carried out when a project is large or complex or where there is some doubt or controversy regarding the proposed development.
By SimplilearnJul 14 20125 mins to read. The feasibility study is not merely a project research but a framework or a plan on how to establish and run business successfully in the long run. These studies are intended to evaluate if a mineral reserve can be mined effectively and if it will be profitable.
Now that we got your attention read on to learn what you need to know about feasibility studies. Reducing demands on clinicians by offering computer-aided self-help for phobia panic. We also call it a feasibility analysis.
Feasibility studies should be especially useful in helping to fill this important gap in the research literature and new criteria and measures have been proposed eg Reach EfficacyEffectiveness Adoption Implementation Maintenance RE-AIM to evaluate the relevant outcomes. Crucially feasibility studies do not evaluate the outcome of interest. As the name implies a feasibility study is an analysis into the viability of an idea.
Freebase 200 3 votes Rate this definition. Feasibility studies help answer the essential question should we proceed with the proposed idea The objective study may be completed. If a feasibility study is a small randomised controlled trial it need not have a primary outcome and the usual sort of power calculation is not normally undertaken.
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