[heading subtitle=”” size=”4″ heading_class=”style-3″ heading_style=”style-1″]FEASIBILITY STUDIES[/heading]
ROCAD feasibility section studies and undertake to determine and document a project’s viability or the discipline of planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives.
The results of this study are used to make a decision on whether or not to proceed with the project. If it indeed leads to a project being approved, it will, before the real work of the proposed project start and be used to ascertain the likelihood of the project’s success.
It is an analysis of possible alternative solutions to a problem and a recommendation on the best alternative. It can decide, for example, processing can be carried out by a new system more efficiently than the previous one.
If a project is seen to be feasible from the results of the study, the next logical step is to proceed with it. The research and information uncovered in the feasibility study will support the detailed planning and reduce the research time.