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.
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FEASIBILITY STUDY
TEMPLATE
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Table of Contents
1. EXECUTIVE SUMMARY
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-BENEFIT ANALYSIS
Approach and Tools
Values
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1. Executive Summary
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
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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
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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
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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
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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
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5. Cost-Benefit Analysis
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 values justifying the proposed solution.
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