feasibility study
/ˌfiːzəˈbɪləti ˈstʌdi/
Meaning
A 'feasibility study' is an assessment of the practicality and potential success of a proposed project or plan. It analyzes technical, financial, legal, and scheduling factors to determine if the project is worth pursuing.
Examples
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Before investing in the new factory, the board demanded a comprehensive feasibility study.
Before investing in the new factory, the board demanded a comprehensive feasibility study.
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The feasibility study indicated that the project would not be profitable in the long run.
The feasibility study indicated that the project would not be profitable in the long run.
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We are currently conducting a feasibility study to explore expanding into the European market.
We are currently conducting a feasibility study to explore expanding into the European market.
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According to the initial feasibility study, the technology required is not yet mature enough.
According to the initial feasibility study, the technology required is not yet mature enough.
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They allocated fifty thousand dollars to hire an external consultant for the feasibility study.
They allocated fifty thousand dollars to hire an external consultant for the feasibility study.
Common Mistakes
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✗ We need to make a possibility study before starting.
✓ We need to conduct a feasibility study before starting.
Use the noun 'feasibility' (not 'possibility') and the verb 'conduct', 'carry out', or 'do' (not 'make').
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✗ The project is good according to the feasible study.
✓ The project is good according to the feasibility study.
'Feasibility' (noun) acts as a noun adjunct modifying 'study'. 'Feasible study' is grammatically incorrect in this context.
Related Expressions
Practice
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We cannot approve the budget until we review the results of the ___.
💡 An analysis to see if a project is practical.
Show answer
feasibility study
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The team is planning to conduct a ___ to see if the software integration is possible.
💡 An assessment of a project's viability.
Show answer
feasibility study