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A technical feasibility study evaluates the details of how you intend to deliver a system or solution to the customers.
Technical feasibility report definition. Whether the required technology is available or not. The technical feasibility study is an excellent opportunity for long term planning. The feasibility study helps.
A business is considered technically andoperationally feasible if it has the necessaryexpertise infrastructure and capital to developinstall operate and maintain the proposedsystem and that by establishing such a system thebusiness will be able to deliver goods or servicesat a profit. The physical characteristics of source material and the project goals for capturing presenting and storing the digital surrogates dictate the technical requirements. A feasibility study analyzes the viability of a project to.
A well-designed feasibility study should provide a historical background of the business or project a description of the product or service accounting statements details of the operations and management marketing research and policies financial data legal requirements and. Based on 25 documents. A feasibility study is an assessment of the practicality of a proposed plan or project.
The report you generate would be a tactical or logical plan. The feasibility study is intended to be a preliminary review of the facts to see if it is worthy of proceeding to the analysis phase. A feasibility report is a paper that examines a proposed solution and evaluates whether it is possible given certain constraints.
A feasibility study assesses the operational technical and economic merits of the proposed project. Feasibility is usually qualified with technical mainly to distinguish it from financial viability political acceptability or whatever other hurdles a proposal might need to. An analysis and evaluation of a proposed project to determine if it 1 is technically feasible 2 is feasible within the estimated cost and 3 will be profitable Feasibility study example.
One might report that a proposal is 80 95 999 feasible but not often 100. Introduction background information requirements evaluation conclusions and finally the recommendation or final opinion section. The feasibility study outlines and analyzes several alternatives or methods of achieving business success.
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