Other feasibility factors

[edit] Market and real estate feasibility

Market Feasibility Study typically involves testing geographic locations for a real estate development project, and usually involves parcels of real estate land. Developers often conduct market studies to determine the best location within a jurisdiction, and to test alternative land uses for given parcels. Jurisdictions often require developers to complete feasibility studies before they will approve a permit application for retail, commercial, industrial, manufacturing, housing, office or mixed-use project. Market Feasibility takes into account the importance of the business in the selected area.

[edit] Resource feasibility

This involves questions such as how much time is available to build the new system, when it can be built, whether it interferes with normal business operations, type and amount of resources required, dependencies,

[edit] Cultural feasibility

In this stage, the project's alternatives are evaluated for their impact on the local and general culture. For example, environmental factors need to be considered and these factors are to be well known. Further an enterprise's own culture can clash with the results of the project.

[edit] Financial feasibility

In case of a new project,financial viability can be judged on the following parameters:

• Total estimated cost of the project
• Financing of the project in terms of its capital structure, debt equity ratio and promoter's share of total cost
• Existing investment by the promoter in any other business
• Projected cash flow and profitability

[edit] Output

The feasibility study outputs the feasibility study report, a report detailing the evaluation criteria, the study findings, and the recommendations.^[5]  

source http://en.wikipedia.org/wiki/Feasibility_study

References

1. ^ ^{a b} Justis, R. T. & Kreigsmann, B. (1979). The feasibility study as a tool for venture analysis. Business Journal of Small Business Management 17 (1) 35-42.
2. ^ Georgakellos, D. A. & Marcis, A. M. (2009). Application of the semantic learning approach in the feasibility studies preparation training process. Information Systems Management 26 (3) 231-240.
3. ^ Young, G. I. M. (1970). Feasibility studies. Appraisal Journal 38 (3) 376-383.
4. ^ Bentley, L & Whitten, J (2007). System Analysis & Design for the Global Enterprise. 7th ed. (p. 417).
5. ^ Michele Berrie (September 2008), Initiating Phase - Feasibility Study Request and Report

• Matson, James. "Cooperative Feasibility Study Guide" United States Department of Agriculture. Rural Business–Cooperative Service. October 2000.