Fillable Printable Project Feasibility Study Document Template
Fillable Printable Project Feasibility Study Document Template
Project Feasibility Study Document Template
A template describing the key sections of a feasibility study.
It aims to help reduce document preparation pressures and develop a
standard feasibility study document for a business organization.
WWW.MYMANAGEMENTGUIDE.COM
FREEDOWNLOADS
FEASIBILITYSTUDY
TEMPLATE
www.mymanagementguide.com
FREEDOWNLOADSSECTION
Table of Contents
1.EXECUTIVESUMMARY
2.INTRODUCTION
Purpose
Target Audience
Other sub-sections
3.JUSTIFICATION
Problem Statement
Organizational Impact
Business Impact
Process Impact
Solution Objectives
4.SOLUTION
Solution Statement
Anticipated Improvements
Solution Impact
Solution Rationale
5.ALTERNATIVES
Alternatives Description
Comparison Matrix
6.COST-BENEFITANALYSIS
Approach and Tools
Values
www.mymanagementguide.com | An Essential Guide to Best Practices for Project Managers2
www.mymanagementguide.com
FREEDOWNLOADSSECTION
1.ExecutiveSummary
Overview: the Executive Summary section provides a general description of the feasibility
study for the target audience
Task: to highlight the findings of the feasibility study
Issues:
The problem analyzed in the feasibility study
The business objectives supported by the study
Organizational impact
Process impact
Expected costs and benefits
Anticipated risks
www.mymanagementguide.com | An Essential Guide to Best Practices for Project Managers3
www.mymanagementguide.com
FREEDOWNLOADSSECTION
2.Introduction
Overview: the Introduction section of the feasibility study provides a general statement
about the overall objectives and content of the document.
Tasks:
to create an overview of the drivers for the feasibility study
to summarize the sections of the document
Issues:
The Purpose, which provides a short description of the factors that driver the
document
The Target Audience, which defines the intended readers of the document
Other sub-sections and topics necessary for the particular feasibility analysis
www.mymanagementguide.com | An Essential Guide to Best Practices for Project Managers4
www.mymanagementguide.com
FREEDOWNLOADSSECTION
3.Justification
Overview: The Justification section provides a detailed assessment of the reason and
motivation for undertaking the feasibility analysis
Task: to write a summary of the justification process and its objectives
Issues:
Problem Statement
Organizational Impact
Business Impact
Process Impact
Solution Objectives
www.mymanagementguide.com | An Essential Guide to Best Practices for Project Managers5
www.mymanagementguide.com
FREEDOWNLOADSSECTION
4.Solution
Overview: the Solution section of the feasibility study template contains a summary of the
proposed solution
Tasks:
to provide an overview of the proposed solution’s functionality and features
to outline the solution’s impact on the organization
Issues:
A detailed description of the problem
A statement of solution objectives
An analysis of organizational impact
An analysis of business impact
An analysis of process impact
www.mymanagementguide.com | An Essential Guide to Best Practices for Project Managers6
www.mymanagementguide.com
FREEDOWNLOADSSECTION
4.Alternatives
Overview: the Alternatives section of the feasibility study template describes the alternative
solutions that have been considered and compared to the proposed solution
Tasks:
to list the alternatives to the proposed solution
to analyze and describe the impact of the alternatives
to highlight the key differences between each solution
Issues:
Cost-benefit analysis
A comparison matrix
www.mymanagementguide.com | An Essential Guide to Best Practices for Project Managers7
www.mymanagementguide.com
FREEDOWNLOADSSECTION
5.Cost-BenefitAnalysis
Overview: the Cost-Benefit Analysis section of the feasibility study provides a description
of the approach and tools used in the study to carry out a cost-benefit analysis
Task: to provide a comparison between the present value of the proposed solution and its
initial cost
Issues:
Calculate the cost-benefit ratio
Define and use valuesjustifying the proposed solution.
www.mymanagementguide.com | An Essential Guide to Best Practices for Project Managers8