This is a template that is designed to help a company determine whether a particular
project is feasible. The template analyzes the key components of the project, including
technical, economical, financial, and human considerations. Additionally, it helps
identify the solutions for best satisfying the project's objectives as well as identifying the
risks and variables of the project. This document should be used by small businesses
or other entities that want to analyze the feasibility of a project plan.
PROJECT FEASIBILITY STUDY
Objectives of To justify a decision to undertake a Project based upon a detailed
this document: analysis of its key components, including technical, economic, financial
and human.
To identify the solution best satisfying the criteria given in the
Opportunity Assessment, and to assess its financial and business
feasibility and its resource requirements.
To assess the risks and critical variables of the proposed project.
To assess the impact on the organization.
WORKING TITLE:
PREPARED BY:
BUSINESS UNIT:
Approved by: Date:
Reviewed by: Date:
(optional)
Your name 1
TEMPLATE—Project Feasibility Study
WORKING TITLE: XXXXXX
Feasibility Study Date of Issue: XXXXXX
CONTACT INFORMATION:
Business Unit:
Business Process Owner:
Tel: Fax: E-mail:
Study Coordinator:
Tel: Fax: E-mail:
LOGIC INTERNATIONAL:
Tel: Fax: E-mail:
THE FOLLOWING INFORMATION SHOULD CORRESPOND TO THE OPPORTUNITY
ASSESSMENT DOCUMENT WITH CHANGES CLEARLY INDICATED:
GOALS & OBJECTIVES OF THE PROJECT:
Provide a high-level statement of what the Project will accomplish.
PROJECT DESCRIPTION:
Describe the problem or opportunity to be addressed by the Project, identifying the root cause and/or supporting criteria.
Provide objective evidence to support this background information. Identify the desired outcome of the Project.
RECOMMENDED PRIORITY:
High Moderate Low
STRATEGIC FIT:
Show how the Project will support the Company’s strategic plan, business objectives, and/or social role.
Your name 2
TEMPLATE—Feasibility Study
WORKING TITLE: XXXXXX
Feasibility Study Date of Issue: XXXXXX
BUSINESS CONTEXT:
Describe the current business context and why the Company should invest in the Project at this time.
ALTERNATIVES CONSIDERED:
List all alternatives (including Status Quo). Summarize pros & cons, associated risks, expected benefits, and timelines for
each (high level).
1) Status Quo:
2)
PROJECT INTERRELATIONS:
Identify interactions, cross-impacts or synergies the Proj