What does it mean if something is feasible?
capable of being done or carried
Definition of feasible 1 : capable of being done or carried out a feasible plan. 2 : capable of being used or dealt with successfully : suitable. 3 : reasonable, likely gave an explanation that seemed feasible enough.
What is economic feasibility example?
Economic Feasibility : It refers to the analysis of the cost-effectiveness of a project in order to determine whether the company should undertake the project on the basis of profitability or not. Tesla Ltd wants to invest in a new portable solar electricity product with a life of 8 years.
What does financially feasible mean?
Financially feasible means that funds are available or will be obtained, and that are equal to or in excess of the estimated total project and related costs, without jeopardizing the applicant’s financial viability.
What is economic feasibility assessment?
Economic Feasibility This assessment typically involves a cost/ benefits analysis of the project, helping organizations determine the viability, cost, and benefits associated with a project before financial resources are allocated.
What does feasible mean in business?
Feasible is the extent of which something can be done, and not only done, but conveniently done. In business, convenience speaks to the cost of getting that thing done, if those costs can be recovered and how soon they can be recovered after completion.
What is an example of feasible?
The definition of feasible is that something is possible, doable or likely. An example of feasible is getting the answer to an easy math problem. That can be done in practice. His plan to rid Trafalgar Square of pigeons by bringing in peregrine falcons to eat them was dismissed as not feasible.
What is a feasibility study in business?
A feasibility study is an assessment of the practicality of a proposed plan or project. A feasibility study analyzes the viability of a project to determine whether the project or venture is likely to succeed.
What does feasibility mean in research?
What does not financially feasible mean?
: not capable of being done or carried out : not feasible an economically unfeasible plan.
What is economic feasibility SDLC?
Economic Feasibility – Means under this feasibility study a detail analysis is carried out what will be cost of the project for development which includes all required cost for final development like hardware and software resource required, design and development cost and operational cost and so on.
What is feasible and viable?
Feasibility is the possibility and ability for something to be done. Viability is that something’s ability to survive.