MANAGEMENT

Detailed explanation-1: -After the feasibility study has been completed and presented to the leaders of the project, they should carefully study and analyze the conclusions and underlying assumptions. It is important that the study conclusion: Identifies and describes alternative business scenarios and models.

Detailed explanation-2: -Contents of a Feasibility Study Description of Product or Service. Technology Considerations. Product or Service Marketplace. Identification of Specific Market.

Detailed explanation-3: -The feasibility plan centers on what your product or service is; the full business plan builds on that analysis and expands on how you will execute it. A feasibility plan also defines the product/service and outlines the operations of the project clearly for stakeholders.

Detailed explanation-4: -4 elements of a feasibility analysis There are four main elements that go into a feasibility study: technical feasibility, financial feasibility, market feasibility (or market fit), and operational feasibility.