2.3. Project Objectives
Guiding Question: What measurable goals (SMART goals) will define success? (e.g., "Reduce invoicing errors to <1%", "Decrease payment delays to <5 days".)
2.4. Study Scope
Guiding Question: What is included in this study, and just as importantly, what is excluded? (e.g., "This study covers software costs and implementation, but excludes hardware upgrades.")
III. Technical Feasibility
This analysis answers the question: "Can we build it?" It examines the technology, infrastructure, and expertise required to implement the proposed solution.
3.1. Technology Requirements
Guiding Question: What specific hardware, software, programming languages, and database systems are needed? Are these new or existing?
3.2. Current System Analysis
Guiding Question: What are the capabilities and limitations of the system (if any) that this project will replace or integrate with?
3.3. Solution Assessment (Scalability, Reliability)
Guiding Question: Can the solution handle growth (scalability)? What are the security and maintenance needs (reliability)? How will it connect to other systems (integration)?
3.4. Resource Availability
Guiding Question: Do we have the technical expertise (e.g., developers, data scientists) on staff, or will we need to hire or contract specialists?
IV. Economic & Financial Feasibility
This section answers the question: "Should we build it?" It performs a cost-benefit analysis to determine if the project's financial benefits outweigh its costs.
4.1. Cost Analysis (CAPEX & OPEX)
Guiding Question: What are the one-time costs (Capital Expenditures like equipment, setup, training) and the recurring costs (Operating Expenditures like salaries, maintenance, hosting)?
4.2. Benefit Analysis
Guiding Question: What are the tangible financial benefits? (e.g., "$10,000 saved per year from reduced errors," "$50,000 in new revenue from market expansion.")
4.3. Financial Metrics (NPV, ROI, Payback)
Guiding Question: What are the key financial metrics that justify the investment? (Net Present Value, Return on Investment, and Payback Period are most common.)
Interactive Tool: Simple Payback Period
Calculates how long it will take for project benefits to repay the initial cost.
4.4. Funding Sources
Guiding Question: Where will the money for this project come from? (e.g., existing operational budget, new capital request, external loan).
V. Operational & Schedule Feasibility
This analysis answers: "Will it work in our organization?" It assesses the human and procedural factors, including legal compliance, stakeholder buy-in, and project timelines.
5.1. Organizational Feasibility
Guiding Question: Do we have stakeholder and management support? How will this project affect current employee workflows? What training will be required?
5.2. Legal/Regulatory Compliance
Guiding Question: Does this project comply with all relevant laws and standards? (e.g., data privacy laws like GDPR/CCPA, accessibility standards, OSHA, FDA regulations).
5.3. Schedule Feasibility
Guiding Question: Can this project be completed in the required timeframe? What are the major milestones, dependencies, and potential bottlenecks?
VI. Conclusion & Recommendation
This final section synthesizes all findings into a clear, decisive action plan. It summarizes the primary risks and provides a final, justified recommendation to stakeholders.
6.1. Risk Analysis Summary
Guiding Question: What are the 3-5 most significant risks (technical, financial, or operational) that could cause the project to fail? (e.g., "High risk of cost overrun," "Medium risk of low user adoption.")
6.2. Final Assessment
Guiding Question: Provide a final summary paragraph that weighs the project's costs against its benefits, in light of the identified risks.
6.3. Interactive Recommendation
Guiding Question: What is the final decision? Click a button to see the rationale for each potential outcome.
