Image for Viability Assessments

Viability Assessments

A viability assessment is a thorough evaluation to determine whether a project, plan, or organization can succeed and sustainably operate in the future. It considers factors such as financial resources, market demand, operational capacity, and potential risks. The goal is to identify if the initiative is realistically achievable and profitable before committing significant resources. This process helps decision-makers understand strengths, weaknesses, opportunities, and threats, ensuring they make informed choices about proceeding, adjusting, or pausing a project.