Quick answer
A feasibility study tests whether the project should be done — technical, economic, legal, operational, schedule feasibility — the check before the commitment.
The five tests
Technical (can we?), economic (is it worth it?), legal (allowed?), operational (can we run it?), schedule (can we meet the date?) — TELOS.
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The process
Analyze requirements → assess options → estimate costs/benefits → recommend — a small project before the project.
The output
Go/no-go recommendation with evidence — feasibility is a decision document, not a formality.
When needed
Before significant commitments — the cost of the study is insurance against the cost of a bad go.
Bottom line
A feasibility study tests whether the project should be done — technical, economic, legal, operational, schedule feasibility — the check before the commitment.
FAQ
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