2. Feasibility Study

To test whether the idea is feasible

From a technology perspective

• Is the technology available? Does it work?
• What are the risks? What are the costs?

From a business perspective

• Does the business really need this? What are the options? Would it work?
• What are the risks? What are the benefits?

Is it feasible?

• Do the benefits exceed the costs, give the various risks?

Results in

• A stop/Go Decision