A feasibility study is an analysis that considers all of a project's relevant factors—including economic, technical, legal, and scheduling considerations—to ascertain the likelihood of completing the project successfully.
What type of study is a feasibility study?
Feasibility study: "Feasibility studies are pieces of research done before a main study to answer the question 'Can this study be done? ' They are used to estimate important parameters that are needed to design the main study”[1]. Data collected would not be analyzed or included in publications.
What is a feasibility study example?
For example, an automobile prototype is a tool for the feasibility study, an experiment on rats to develop a new medicine is a procedure of feasibility analysis, checking the configuration and features before purchasing a laptop resembles feasibility tests.