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Home > QFINANCE Dictionary > Definition of feasibility study

Definition of

feasibility study

General Management

assessment of ease of doing something an investigation into a proposed plan or project to determine whether and how it can be successfully and profitably carried out. Frequently used in project management, a feasibility study may examine alternative methods of reaching objectives or be used to define or redefine the proposed project. The information gathered must be sufficient to make a decision on whether to go ahead with the project, or to enable an investor to decide whether to commit finances to it. This will usually require analysis of technical, financial, and market issues, including an estimate of resources required in terms of materials, time, personnel, and finance, and the expected return on investment.

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Definitions of ’feasibility study’ and meaning of ’feasibility study’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’feasibility study’ and other financial terms with our online QFINANCE Financial Dictionary.

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