Tuesday, 28 October 2008

Feasibility study definition

  • evaluates remedial actions from a technical, environmental and cost perspective, recommending the most effective
  • an analysis of a proposed project with the emphasis on the attainable income, probable expenses, and most advantageous use and design
  • a study of the applicability or practicability of a proposed action or plan
  • an investigation which tries to clearly establish whether a project will work and achieve its expected results
  • a study to determine the suitability of alternative projects or actions
  • the analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented
  • analysis and evaluation of a proposed project to determine if it is technically feasible, is feasible within the estimated cost and will be profitable. Feasibility studies are almost always conducted where large sums are at stake. Also called feasibility analysis

My ideas to fulfil this part of the brief
  • I can check the position on Google to see if I would need to put in a lot of work and time to get the new website up to the same standard. Plus the costs of getting paid help for directory links which will help the ranking in Google
  • I can review the costs of iStock/Fotolia images as all will add to the outlay. Plus hosting fees which I will need to pay upfront but the client won't be
  • I'll use an Excel spreadsheet formula I've already created for a previous client Elegant Bride website which takes into account the cost of the website, the price I'm charging and the hours taken to design and build it
  • I'll review each of design options for costs and difficulty (therefore time)
  • quick review to ensure the website works! Obviously this is one of my biggest priorities and as I build accessible websites it should happen anyway
  • it will help my rankings as I'll put a link from every page back to my Refreshing Web Design website

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