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A feasibility study is an assessment of the practicality of a project or system. A feasibility study aims to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats present in the natural environment, the resources required to carry through, and ultimately the prospects for success.
Front-end loading (FEL), also referred to as Front End Planning (FEP), pre-project planning (PPP), feasibility analysis, conceptual planning, programming/schematic design and early project planning, is the process for conceptual development of projects in processing industries such as upstream oil and gas, petrochemical, natural gas refining, extractive metallurgy, waste-to-energy ...
There is no set way to conduct a Front-End Engineering study. Generally, FEE requires an engineer or a group of engineers to thoroughly and logically consider a proposed project. Example considerations may include: Degree of automation – depending on the application being considered, automation may or may not be appropriate. Determining the ...
To answer these questions, the feasibility study is effectively a condensed version of a comprehensive systems analysis and design. The requirements and usages are analyzed to some extent, some business options are drawn up and even some details of the technical implementation. The product of this stage is a formal feasibility study document.
In clinical research, studies conducted in preparation for a future randomized controlled trial are known as "pilot" and "feasibility" studies, where pilot studies are a subset of feasibility studies. [1] [4] A feasibility study asks whether the study should proceed, and if so, how. A pilot study asks the same questions, but also has a specific ...
Feasibility study, an evaluation and analysis of the potential of a proposed project "A Feasibility Study", a 1964 episode of The Outer Limits "Feasibility Study" (The Outer Limits), a 1997 remake of the above episode; Mining feasibility study, an evaluation of a proposed mining project to determine whether the mineral resource can be mined ...
Feasibility may refer to: Feasibility study, a preliminary study to determine a project's viability "Feasibility Study" (The Outer Limits), an episode of The Outer Limits TV show; Feasible region, a region that satisfies mathematical constraints; Logical possibility, an achievable thing
The development of a feasibility study: determining whether a project is economically, socially, technologically, and organizationally feasible; Fact-finding measures, designed to ascertain the requirements of the system's end-users (typically involving interviews, questionnaires, or visual observations of work on the existing system)