How to Carry Out a Feasibility Study and Get Better at Business Decision Making
MAY 2, 2019
It’s a well-known fact that projects fail more often than they succeed. The best tool for determining whether your project will be a win or a loss is a feasibility study. A feasibility study (also known as feasibility analysis) is an evaluation of a business venture or project aimed at determining its viability for execution and identifying potential bottlenecks. As well, it you can see how the project results may change depending on when you decide to execute it.