Feasibility Study Templates

Guidelines for Utilizing Feasibility Study Templates

• 1. Define Clear Objectives – Ensure the feasibility study template clearly outlines the project's purpose, scope, and deliverables. This establishes a clear framework for stakeholders' expectations.
• 2. Comprehensive Cost Evaluation – Offer detailed breakdowns of all estimated costs. This should encompass initial investments, ongoing operational expenses, and potential financial risks. Accurate cost projections support informed decision-making.
• 3. Establish Evaluation Criteria – Include specific benchmarks for assessing the project's feasibility. Criteria may include market potential, technological needs, legal implications, and financial returns. This aids in conducting an objective evaluation.