The feasibility of a project refers to its practicality and likelihood of success. It involves assessing various factors such as the available resources, budget, timeline, market demand, and technical requirements. Feasibility studies are conducted to determine if a project can be completed within the given constraints and if it will meet the objectives and requirements of stakeholders. A feasible project is one that can be implemented and managed effectively to achieve the desired outcomes. It is important to consider the feasibility of a project before investing time and resources to avoid potential failures or setbacks.
This mind map was published on 17 May 2023 and has been viewed 99 times.