Feasibility Study

Feasibility Study forms part of the pre-event planning, it is an evaluation and analysis of a proposed event which is based on extensive investigation and research to support the process of decision making.

The objective document of strengths and weaknesses of an event. Considers the environment, the resources required and the value to be attained.

Technology and system feasibility
An assessment based on system requirements to determine whether the events management group has the technical expertise to complete the event.

It should consider:
 * possible factors that could affect the study
 * human and economic factors
 * possible solutions to identified problems

Operational feasibility
A measure of how well a proposed system solves problems, and how to take advantage of the opportunities identified in the Requirement Analysis phase of system development.

External link
https://en.wikipedia.org/wiki/Feasibility_study