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Essay

Feasability Study Template

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A template to expand apon to complete the Feasability Study.

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  • November 3, 2021
  • 2
  • 2020/2021
  • Essay
  • Unknown
  • B
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Description of Products and Services
Detailed descriptions of exactly what the organization is thinking about

This description captures the most important aspects

How it may benefit customers and the organization

Technology Considerations
Explain any considerations the organization must make

Costs which must be weighed in deciding the path forward

Service Marketplace
Describes the existing marketplace

Describe who the target market consists of

Who the competitors are

How products will be distributed

Why customers might choose to buy their products

Organization and Staffing
May be a need for more staffing to accommodate the change

They may result in increased costs or require an organization to change its practices and processes.

Schedule
May include some targeted milestones and timeframes (Guidelines only)

NOT meant to include a detailed schedule

Financial Projections
Mention this but we DO NOT have financial information available

Provides a description of the financial projections the new initiative is expected to make compared
to the extra costs

Provide the assumptions on which the illustrated financial projections are based

Findings and Recommendations
Two possible solutions needed then choose the most appropriate and explain why

Provides an area to summarize

Explain why this course of action is or is not recommended

Include a description of pros and cons

Should be brief

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