The feasibility analysis identifies and evaluates alternative ways of delivering the project service; assesses each alternative to identify the most optimal in terms of being doable, viable and one which will overcome the associated legal requirements.
By pairing this multi-disciplinary feasibility literature with contemporary concepts in uncertainty and project management theory, this article synthesizes seven general principles to inform feasibility studies for such novel projects.
Feasibility literature and project management theory There are several existing bodies of literature to inform the development of feasibility studies specific to sectors or categories of projects.
The PDF is as an alternative model in project management that systematically and logically facilitates the writing of a business case at the project initiation phase. To complement the development of a proposal the FAF has been developed to systematically and objectively produce an effective feasibility study.