Course Process
Lecture 1
Most Used Study Types

1. Technical Feasibility

Technical Feasibility StudyWhat it evaluates: Whether the technology, tools, and technical expertise required actually exist or can be acquired.

When to use: Any project involving new or unfamiliar technology, complex integrations, or where technical uncertainty is the biggest risk (e.g., building a new software platform, adopting emerging tech like AI/IoT).

Content: Can it be built/delivered with available technology, skills, and infrastructure? Includes technology options, integration constraints, technical risks, and whether the required expertise exists in-house or must be sourced.

Size Length
Small Short paragraph
Medium 1 page, lists key technical dependencies
Large Detailed architecture/approach options, often with a technical risk assessment or proof-of-concept results

 

2. Financial Feasibility

 

What it evaluates: Whether the project makes financial sense — costs vs. benefits, ROI, payback period, funding availability.

When to use: Nearly always relevant, but especially critical for capital-intensive projects (construction, manufacturing, large IT investments) or when competing for limited budget against other initiatives.

Content: Estimated costs, funding sources, projected returns (ROI, payback period, break-even point), and comparison against financial thresholds the organization uses to approve projects.

 

 

Size Length
Small Simple cost estimate + rough payback
Medium 1–2 pages, basic financial model
Large Full financial model with sensitivity/scenario analysis, funding structure, sometimes third-party financial validation

 

3. Operational Feasibility

What it evaluates: Whether the organization can actually execute and sustain the project day-to-day — staffing, skills, process fit, change management.

When to use: Projects that significantly change how people work (new systems, restructured processes, outsourcing decisions) — especially where adoption risk is high.

Content: Can the organization actually run this once built? Staffing, process changes, training needs, change management, day-to-day operational impact.

Size Length
Small A few bullets
Medium Half a page
Large 1–2 pages, may include an organizational readiness assessment

 

4. Legal/Regulatory Feasibility

Compliance and REgulatory Feasibility StudyWhat it evaluates: Whether the project can be legally executed — permits, licenses, compliance, contractual constraints, IP issues.

When to use: Regulated industries (healthcare, finance, pharma), construction/real estate (zoning, environmental law), or any project involving new jurisdictions or data privacy considerations.

Content: Permits, licenses, compliance requirements, industry regulations, contractual or IP constraints.

Size Length
Small 1 line or omitted if not applicable
Medium Half a page
Large Full legal review, often with external legal counsel input

 

5. Schedule Feasibility

There is a sample of this study attached to the course – check it out!

Schedule Feasibility StudyWhat it evaluates: Whether the project can realistically be completed within the required or desired timeframe.

When to use: Projects with hard external deadlines (regulatory compliance dates, contractual obligations, event-driven launches) where being late has serious consequences.

Content: Can this be delivered in the required timeframe given resource and dependency constraints? Identifies critical path risks.

Size Length
Small 1 line
Medium Simple milestone estimate
Large Full schedule feasibility analysis, sometimes with critical path modeling