Feasibility Report Introduction - « Full » version
The Feasibility Report is a document that assesses potential solutions to the business problem or opportunity and determines which of these are viable for further analysis.
The purpose of the Feasibility Report is to present the project parameters and define the potential solutions to the defined problem, need or opportunity. Having brainstormed a variety of potential solutions, the project team expands on each of these potential solutions, providing sufficient detail, including very high level costing information, to permit the project leader to recommend to the approving authority all of the viable potential solutions that should be further analyzed in the Analysis Phase (Business Case). Project constraints and limitations of expenditure are among the various factors that will determine viability.
This document is approved at the Feasibility Report Approval (FRA) control point.
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