The Feasibility Study contains business and technical information and cost data to determine the economic potential and practicality (i.e., feasibility) of a project using techniques that help evaluate a project and/or compare it with other projects.

	How difficult will it be to build and whether the firm has enough experience using a specific technology, and whether the new system will perform adequately?
	How much time is available to build the new system, when can it be built, whether it interferes with normal business operations type and amount of resources
	What are the contingencies and mitigation plans if the project takes too long?
	Are there any environmental factors that need to be considered or will the company's own culture clash with the results of the project?
	Are there sufficient human resources available for project development and after it goes live? Do current work practices and procedures support a new system?
	Will the cost/benefit analysis determine the true expected benefits and savings and lead to the next step; a decision to design and implement the system?

The Feasibility Study consists of the following topics:

	Introduction, Purpose, Objectives, and Scope
	System Overview and Background
	System, Plant or Operational Details
	Current Systems and Processes
	Current Operations
	Physical Environment
	User Organization
	Deliverables and End Products
	Analysis, Solutions and Alternatives
	Approvals

Scroll down to the IT Feasibility Study example below.