Feasibility Study Toolkit

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Save time, empower your teams and effectively upgrade your processes with access to this practical Feasibility Study Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Feasibility Study related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Feasibility Study specific requirements:


STEP 1: Get your bearings

Start with...

  • The latest quick edition of the Feasibility Study Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...


STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 919 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Feasibility Study improvements can be made.

Examples; 10 of the 919 standard requirements:

  1. Are your organization executives working closely with employee unions to minimize the potential for adverse effects of the implementation on its members, and to make use of union suggestions where feasible?

  2. In what manner and under which conditions is it feasible to apply effective control measures to Big Data implementations and gain increased certainty over the validity of data analytics outcomes?

  3. What relevant gaps, barriers, safety concerns, and/or resources (including available best practices, activities, and tools) may impact or support feasibility of the recommendation in practice?

  4. When looking at the overall project, the economic feasibility is significantly affected by the question Where is the funding coming from, who is getting it and what are the financial terms?

  5. Are there adequate provisions to assure that the evaluator will determine the evaluation needs of the various stakeholders and, within feasibility limits, serve all levels of stakeholders?

  6. No matter what your mission, a more digital approach to organizational processes will improve operations in dramatic and easily measured ways. What matters most to your organization?

  7. Is there a shared understanding among key stakeholders about the importance of having adequate evidence related to the feasibility and outcomes of the innovation before scaling up?

  8. How do you use business analysis techniques to gather business requirements from stakeholders. Which techniques did you use and why did you choose the already stated techniques?

  9. The feasibility analysis must address several different types of issues. Often, feasibility is considered in terms of the financial or budgeting process i.e., is it affordable?

  10. Have system definition, development, test, and evolution plans, budgets, and schedules been validated for appropriateness and feasibility, and accepted by the key stakeholders?


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the Feasibility Study book in PDF containing 919 requirements, which criteria correspond to the criteria in...

Your Feasibility Study self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the Feasibility Study Self-Assessment and Scorecard you will develop a clear picture of which Feasibility Study areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough Feasibility Study Self-Assessment
    • Is secure: Ensures offline data protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:

 

STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Feasibility Study projects with the 62 implementation resources:

  • 62 step-by-step Feasibility Study Project Management Form Templates covering over 1500 Feasibility Study project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Activity Duration Estimates: Are risks that are likely to affect the Feasibility Study project identified and documented?

  2. Human Resource Management Plan: Are milestone deliverables effectively tracked and compared to Feasibility Study project plan?

  3. Procurement Audit: Has your organization procedures in place to monitor the input of experts employed to assist the procurement function?

  4. Procurement Audit: Does procurement staff have recognized professional procurement qualifications or sufficient training?

  5. Lessons Learned: How well does the product or service the Feasibility Study project produced meet your needs?

  6. Human Resource Management Plan: Does the schedule include Feasibility Study project management time and change request analysis time?

  7. Procurement Audit: Was the submission of variant tenders accepted and duly ruled?

  8. Variance Analysis: Do work packages consist of discrete tasks which are adequately described?

  9. Procurement Audit: Are requisitions and other purchase requests batched to reduce the number of orders issued?

  10. Responsibility Assignment Matrix: Is the anticipated (firm and potential) business base Feasibility Study projected in a rational, consistent manner?

 
Step-by-step and complete Feasibility Study Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:

  • 1.1 Feasibility Study project Charter
  • 1.2 Stakeholder Register
  • 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:

  • 2.1 Feasibility Study project Management Plan
  • 2.2 Scope Management Plan
  • 2.3 Requirements Management Plan
  • 2.4 Requirements Documentation
  • 2.5 Requirements Traceability Matrix
  • 2.6 Feasibility Study project Scope Statement
  • 2.7 Assumption and Constraint Log
  • 2.8 Work Breakdown Structure
  • 2.9 WBS Dictionary
  • 2.10 Schedule Management Plan
  • 2.11 Activity List
  • 2.12 Activity Attributes
  • 2.13 Milestone List
  • 2.14 Network Diagram
  • 2.15 Activity Resource Requirements
  • 2.16 Resource Breakdown Structure
  • 2.17 Activity Duration Estimates
  • 2.18 Duration Estimating Worksheet
  • 2.19 Feasibility Study project Schedule
  • 2.20 Cost Management Plan
  • 2.21 Activity Cost Estimates
  • 2.22 Cost Estimating Worksheet
  • 2.23 Cost Baseline
  • 2.24 Quality Management Plan
  • 2.25 Quality Metrics
  • 2.26 Process Improvement Plan
  • 2.27 Responsibility Assignment Matrix
  • 2.28 Roles and Responsibilities
  • 2.29 Human Resource Management Plan
  • 2.30 Communications Management Plan
  • 2.31 Risk Management Plan
  • 2.32 Risk Register
  • 2.33 Probability and Impact Assessment
  • 2.34 Probability and Impact Matrix
  • 2.35 Risk Data Sheet
  • 2.36 Procurement Management Plan
  • 2.37 Source Selection Criteria
  • 2.38 Stakeholder Management Plan
  • 2.39 Change Management Plan


3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:

  • 4.1 Feasibility Study project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance


5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 Feasibility Study project or Phase Close-Out
  • 5.4 Lessons Learned

 

Results

With this Three Step process you will have all the tools you need for any Feasibility Study project with this in-depth Feasibility Study Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose Feasibility Study projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based best practice strategies aligned with overall goals
  • Integrate recent advances in Feasibility Study and put process design strategies into practice according to best practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Feasibility Study investments work better.

This Feasibility Study All-Inclusive Toolkit enables You to be that person.

 

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.