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The Fluency Trust Salt way Center Pearl Rd Swindon SN5 5TD www.thefluencytrust.org.ukRegistered Charity No: 1044910The Fluency Trust Sponsor Form The Fluency Trust is a registered charity, who work
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Identify the purpose of the feasibility study
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A feasibility study is an analysis that assesses the viability of a project or idea, evaluating factors such as economic, technical, legal, and scheduling considerations to determine whether it is worth pursuing.
Individuals or organizations intending to undertake significant projects or initiatives, especially in fields like construction, business, or research, are typically required to file a feasibility study.
To fill out a feasibility study, one should collect relevant data, outline the project's objectives, analyze potential risks, estimate costs and revenue, and present findings in a structured format.
The purpose of a feasibility study is to evaluate the likelihood of success of a proposed project and to inform decision-makers whether to proceed with it.
A feasibility study must report information on project objectives, market analysis, financial projections, risk assessments, resource requirements, and implementation timelines.
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