feasibility

Feasibility refers to whether a plan or project is realistically achievable, considering available resources, time, skills, and potential challenges. It assesses if the goals can be met practically, without excessive costs or obstacles. By evaluating feasibility, individuals and organizations can determine if pursuing a specific course of action makes sense, reducing the risk of investment in unviable ideas. Essentially, it helps answer: “Is this possible and practical given current circumstances?” ensuring efforts are focused on projects with a reasonable chance of success.