What Are The Questions In Feasibility Study Defense?

by | Last updated on January 24, 2024

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  • How much money can you expect to raise in a campaign? ...
  • Who are potential volunteer leaders? ...
  • What are the perceptions of your organization among your constituents? ...
  • Are there underlying issues impacting your organization’s potential for success in a campaign?

What should be included in a feasibility study?

A feasibility study contains a detailed analysis of what’s needed to complete the proposed project. The report may include a description of the new product or venture , a market analysis, the technology and labor needed, as well as the sources of financing and capital.

What are the 3 parts of feasibility study?

  • Executive Summary.
  • Description of the Product/Service.
  • Technology Considerations.
  • Product/ Service Marketplace.
  • Identification of the Specific Market.
  • Marketing Strategy.
  • Organizational Structure.
  • Schedule.

What are the 5 aspects of feasibility study?

A feasibility study must be thorough, unbiased and objective. Five key areas of a feasibility study are technical, economic, legal, operational and scheduling .

What is a feasibility question?

Feasible in FINER focuses on time, scope, resources, expertise, and funding. When using the FINER framework, writing feasible research questions ensures that researchers are taking on a research project that can actually be completed.

What questions does a feasibility study answer?

  • How much money can you expect to raise in a campaign? ...
  • Who are potential volunteer leaders? ...
  • What are the perceptions of your organization among your constituents? ...
  • Are there underlying issues impacting your organization’s potential for success in a campaign?

What does a feasibility study answer?

A feasibility study is a practicality assessment for a proposed plan, product, project management tool, or new execution method . The importance of a feasibility study is to establish whether or not a company, team, or organization will deliver on its promises in a satisfactory manner and a reasonable period of time.

How do you prepare a feasibility study?

  1. Conduct a Preliminary Analysis. Begin by outlining your plan. ...
  2. Prepare a Projected Income Statement. ...
  3. Conduct a Market Survey, or Perform Market Research. ...
  4. Plan Business Organization and Operations. ...
  5. Prepare an Opening Day Balance Sheet. ...
  6. Review and Analyze All Data. ...
  7. Make a Go/No-Go Decision.

What are four types of feasibility?

  • Technical Feasibility. This assessment focuses on the technical resources available to the organization. ...
  • Economic Feasibility. ...
  • Legal Feasibility. ...
  • Operational Feasibility. ...
  • Scheduling Feasibility.

What is the best product for feasibility study?

  • Chocolate Fudge Pie. Homemade Chocolate Pie. ...
  • Easy Ice Cream Cake Recipe (No Bake Dessert!) – Unsophisticook. Frozen Desserts. ...
  • Chocolate Strawberry Mousse Cake. ...
  • 32 Oz Fruit Infuser. ...
  • Oreo Lava Cakes. ...
  • Classy & Elegant Mickey Mouse Cake. ...
  • Cherry & Chocolate Fudge. ...
  • each bites in the plate.

Which part of the feasibility study is the most important?

The most important part of a feasibility study is the economics . Economics is the reason most projects are undertaken (with some exceptions for government and non-profit projects in which a cost benefit analysis is the primary tool).

What is feasibility study example?

For example, an automobile prototype is a tool for the feasibility study, an experiment on rats to develop a new medicine is a procedure of feasibility analysis, checking the configuration and features before purchasing a laptop resembles feasibility tests.

How long does a feasibility study take?

Expect a feasibility study to take about 60 to 90 days . Unless the market is very hot, don’t tie up much money, if any, in sales agreements for the land during this time period. Be sure any agreements you sign include a reimbursement of your deposit should you elect not to pursue the project.

What is a well designed feasibility study?

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 tax obligations. ...

Which of the following is not a type of feasibility study?

resource feasibility is NOT a feasibility analysis criterion.

What are the issues involved in feasibility study?

There are some problems and difficulties that feasibility studies may face in their first steps, which are: difficulty in obtaining accurate data and information from reliable sources or lack of data and information to study the project, especially if the investment opportunity is an entirely new idea and not imitated ...

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.