The Feasibility Study Outline A feasibility study outline provides a quick snapshot of the tasks and processes that

will be involved in the study. Heres an example: Purpose. The purpose of the feasibility study should clearly define the proposed project and all of its facets. Reasons for the Feasibility Study. Although this may sound similar to the initial heading, its not. Here is where you will need to list all of the reasons you are creating the study, for example, to determine if adding a new wing to the building would bring more value than the costs associated with building it. Background. In this section, try to provide a brief history with regard to the project. For example, describe the present conditions that led your company to seek out a new solutionthe proposed solution being studied here. Scope. The scope of the project will identify factors such as the expected timeframe of project implementation, costs and overhead projections and any potential problems or limitations. Problems/Solutions. This will usually be the most involved portion of the feasibility study outline, as it is here you will list all the potential problems in completing the project, along with a comprehensive list of potential solutions. Recommendations. After analyzing all of the data above, a recommendation on how to proceed should be determined and recommended.