Feasibility (2nd F)

B.     Feasibility (2^nd F)

After successful completion of first process, we should move on to the next process of checking its feasibility. The probability of achieving pre-defining goals/objectives is only possible if the project is feasibly approved.

Let us know how we can check the feasibility of a Project:

b.1 Viability (sustainability)

            b.1.1 SWOT Analysis

            b.1.2 Matching & Conversions (of Threats & Weaknesses)

b.2 PEST Analysis

it can be expanded in to more broad format like:

PESTLE

STEEPLE

STEEPLED

The STEEPLED can be used by getting the following factor`s analysis:

S: Social Factor

T: Technical Factor

E: Economical Factor

E: Environmental/Educational Factor

P: Political Factor

L: Legal Factor

E: Ecological Factor

D: Demographical Factor