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Feasibility Study Template

The Feasibility Study uses technical information and cost data to determine the economic potential and practicality (i.e. feasibility) of a project. The Feasibility Study uses techniques that help evaluate a project and/or compare it with other projects. Factors such as interest rates, operating costs, and depreciation are generally considered.

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Who uses it?
Technical Architect, Business Analyst, Configuration Manager, Development Manager, Project Manager, IT Manager, System Administrator, Test Manager, Documentation Manager, Technical Writers, System Administrator.

When is it used?
The Feasibility Study analyses potential solutions against a set of requirements, evaluates their ability to meet these objectives, describe a recommended solution, and offer a justification for this selection.

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When is it used?
Requirement specifications are often written as "must" or "shall". For example, "the system must delete all redundant files after 90 days." Requirements describe the system/ software / component must do and the operational constraints. Examples of requirements include functional, performance, interface, and quality requirements.

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Table of Contents

1    Introduction
1.1    Purpose
1.2    Identification
1.3    Document Overview
1.4    Project History
1.5    Project Objectives
1.6    Methodology
1.7    Scope
1.8    References
1.9    Relationship to Other Plans
1.10    Key Stakeholders
1.11    Points of Contact

2    System Overview
2.1    System Details
2.2    Current Systems and Processes
2.2.1    Current Operations
2.2.2    Physical Environment
2.2.3    User Organization
2.3    Deliverables

3    Project Management
3.1    Schedule
3.2    Risks
3.3    Issues
3.4    Assumptions
3.5    Constraints
3.6    Dependencies
3.7    Sign-Off Criteria

4    Technical Architecture
4.1    Organizations
4.2    Input/Output
4.3    Processing
4.4    Security
4.5    System Interaction
4.6    Physical Environment
4.7    Operation Support

5    Alternative Options
5.1    Alternative [X]
5.1.1    Description
5.1.2    Benefits and Costs
5.2    Alternative [Y]
5.3    Alternative [Z]

6    Resources
6.1    Resource Requirements
6.2    Internal and External Organizations
6.3    Personnel Requirements

7    Costs

8    Recommendations

9    Appendixes
9.1    Support Material
9.2    Glossary of Terms
9.3    Acronyms and Abbreviations

Index of Tables

Table 1 — Schedule
Table 2 — Risks
Table 3 — Issues
Table 4 — Assumptions
Table 5 — Constraints
Table 6 — Dependencies
Table 7— Sign-off Criteria
Table 8 — Resource Requirements
Table 9 — Costs
Table 10 — Glossary of Terms
Table 11 — Acronyms and Abbreviations

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