The Sample Feasibility Study

With a sample feasibility study in hand, a manager can see what target audience was gone after in the past for ideas on who they are and what might be appealing to them with future deliverables. This is the only purpose of this kind of document. To identify who is willing to pay for what so a company can develop a revenue stream by taking advantage of this need on the market place.

In many instances, there cannot be a sample feasibility study found that is exactly like the one you will need. In most cases, there will be several that can be found which will be close in many of the necessary categories to help with the creation of your feasibility study.

How a good sample feasibility study is useful to a manager depends on the ideas that are given and a direction in which to pursue for their own advantage. This can be in the number of alternative solutions to a business problem that is plaguing your company, a different target audience that has not been previously explored before by your company, or the type of deliverable you are proposing.

With most project management template programs, there usually is several sample feasibility study included on each category, if not more. With this as a resource, a new approach can be taken by the manager that the stakeholders might not have seen or thought about in the past.

The use of a sample feasibility study will also reveal any risks and issues that could be associated with the new approach or target audience. This way, your presentation will be a thorough documentation of the good and bad that could result if your company peruses this new approach when in search of a new revenue stream.

The sample feasibility study is a good starting point for any manager to use when needing to start their own study. Going in blind with only the knowledge of what one has done in the past is the best way to reproduce the same thing, as in the past. In most cases, the new ideas are what is approved so new avenues can be explored.

Comments

Post a Comment

Popular posts from this blog

Lean Methodology

The use of lean methodology has grown in the manufacturing sector since it was first implemented after World War II. As time has progressed, this methodology has been refined with the end result of creating more, faster and with less. The type of companies that can best utilize the lean methodology approach is manufacturing, because of the principles involved with it. This is to create a product with as little invested as possible in the deliverable. For a company wishing to use the lean methodology , they must first analyze their process in depth. Once the analysis has been completed in every process, the process of eliminating waste can begin on the process as a whole. Each part of the process has to contribute to the end product. The cutting of waste from each and every step in the production of a deliverable is the core essence of the lean methodology approach. This can be in the material that is added or the number of workers necessary to complete the task. The overall reductio...
Read more

Communications Register

Under what situations should I create a Communications Register for my project ? For small, medium and large projects you should always implement a Communications Register. This register will identify all of the communications events that have taken place for the project and also the communications events that are due to take place in the future. The reason for listing the communications events that are due to take place is that it provides a single place where the project manager can use and control communications to stake holders. For example the register will enable the project manager to view the status of all of the communications to date and determine whether or not the stake holders to the project are being kept in the loop and informed.
Read more

Management Methodologies

The modifying and developing of new management methodologies to fit the needs of industry is an ongoing process. With the use of a computer, this has become a much easier process than before. This has made it very easy to create, customize and import existing methodologies along with managing several of them at once. You can use management methodologies to define new process you have developed or group any set of existing process into a new methodology. There are project management methodology programs that can assist in the documentation of your new methodology so it can be used and shared by those you have approved. You can even customize a methodology for a particular size project with this type of program. The most often use of this type of software program is to use several different management methodologies and modify them to you specific needs. This way you’re working environment and available resources can be made the most of in running your project. Most programs that allow ...
Read more