Noun
/fɪˈzɪə.bɪl.ɪ.ti ˈstʌd.i/
A feasibility study is a document or analysis that evaluates the practicality of a proposed project or system. It assesses various aspects including economic, technical, legal, and operational considerations to determine whether the proposed initiative is viable and worth pursuing.
Feasibility studies are commonly used in business, engineering, and project management. They are essential in decision-making processes, often occurring before significant investments are made. In terms of frequency of use, "feasibility study" tends to be more common in written contexts, particularly in reports, business plans, and academic articles, although it can also be used in discussions regarding project planning.
Before launching the new product, the company conducted a feasibility study to assess its potential success in the market.
Antes de lanzar el nuevo producto, la empresa realizó un estudio de viabilidad para evaluar su posible éxito en el mercado.
The government required a feasibility study to determine if the new transportation project would be environmentally sustainable.
El gobierno requirió un estudio de viabilidad para determinar si el nuevo proyecto de transporte sería ambientalmente sostenible.
Our team is currently working on a feasibility study for the renovation of the community park.
Nuestro equipo está trabajando actualmente en un estudio de viabilidad para la renovación del parque comunitario.
There are several idiomatic expressions that involve the concept of feasibility, although "feasibility study" itself is less frequently part of idiomatic phrases. The following idiomatic expressions can be associated with feasibility in a broader context:
To explore the feasibility
We need to explore the feasibility of remote work for our employees.
Necesitamos explorar la viabilidad del trabajo remoto para nuestros empleados.
To assess feasibility
The team was asked to assess feasibility before moving forward with the new initiative.
Se pidió al equipo que evaluara la viabilidad antes de avanzar con la nueva iniciativa.
Feasibility in question
With the budget cuts, the feasibility of the project is now in question.
Con los recortes presupuestarios, la viabilidad del proyecto ahora está en duda.
Feasibility study approved
The board was pleased that the feasibility study approved the new business plan.
La junta estuvo complacida de que el estudio de viabilidad aprobara el nuevo plan de negocios.
Feasibility versus practicality
It's essential to differentiate between feasibility and practicality when planning this project.
Es esencial diferenciar entre viabilidad y practicidad al planear este proyecto.
The term feasibility derives from the French word "faisabilité," which comes from "faisable," meaning "doable," combined with the suffix "-ity," which denotes a state or condition. The word "study" comes from the Latin "studium," meaning "zeal or application."