Evaluation of a Feasibility Study

Feasibility Studies
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shima tayari
Manager, Iran

Evaluation of a Feasibility Study

How can we evaluate the accuracy of a feasibility study or even a business plan that has been prepared by another company?

  Jaap de Jonge
Editor, Netherlands

Are the Conclusions of a Feasibility Study Correct?

Yes! Good question… How do you know if the recommendations of a feasibility study from a third party are in fact correct? Some ideas:
- Select a trusted third party.
- Participate yourself in the study.
- Have someone participate in the study whom you trust.
- Ask for periodic updates during the study.
- Pay particular attention to the assumptions and goals of the study. If they are missing then that's a red flag. If they are there, are they complete? And are they correct?
- Take a few samples to check the main conclusions.
- You might ask a second opinion (in particular if the study is really important). See also: Strategy Analysis.

Professor, Ukraine

Evaluation of a Feasibility Study

Each business entity, considering alternative design solutions, determines the allowable degree of risk. In project mana...

  Maurice Hogarth
Consultant, United Kingdom

Assessing a Feasibility Study

The value of a study is determined by the quality of the terms-of-reference given to the provider (GIGO). In addition t...

  Warren Miller, CPA, CFA
Strategy Consultant, United States

Analyzing Competing Feasibility Studies

In my experience as a self-employed financial professional for more than 25 years, I have prepared preliminary analyses ...

  Maurice Hogarth
Consultant, United Kingdom

Evaluating Benefit Against Risk or Gamble

@Warren Miller, CPA, CFA: This is very close to the detail of the process that I would be using in respect of the outlin...


More on Feasibility Studies:
Risk Factors in Developing Countires
🔥Involving a Manager from the Client Company in a Feasibility Study
👀Evaluation of a Feasibility Study
Front End Loading (FEL) or Front-End Engineering Design (FEED)
Typical Issues to Include in a Feasibility Study
I Need Help on Business Ideas
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Feasibility Studies
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