feasibility study

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feasibility study

[‚fēz·ə′bil·əd·ē ‚stəd·ē]
(systems engineering)
A study of applicability or desirability of any management or procedural system from the standpoint of advantages versus disadvantages in any given case.
A study to determine the time at which it would be practicable or desirable to install such a system when determined to be advantageous.
A study to determine whether a plan is capable of being accomplished successfully.

Feasibility study

An analysis of the possibilities for a project or structure; which typically includes factors regarding zoning, alternative uses, building codes, financial, environmental, design and historic significance.

feasibility study

A detailed investigation and analysis conducted to determine the financial, economic, technical, or other advisability of a proposed project.

feasibility study

(systems analysis)
Part of the systems develpment life cycle which aims to determine whether it is sensible to develop some system. The most popular model of feasibility study is "TELOS", standing for Technical, Economic, Legal, Operational, Schedule.

Technical Feasibility: does the technology exist to implement the proposed system? Is it a practical proposition?

Economic Feasibility: is the system cost-effective? Do benefits outweigh costs?

Legal Feasibility: is there any conflict between the proposed system and legal requirements, e.g. the Data Protection Act?

Operational Feasibility: are the current work practices and procedures adequate to support the new system?

Schedule Feasibility: can the system be developed in time?

After the feasibility study, the requirements analysis should be carried out.

feasibility study

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.
References in periodicals archive ?
Chairman and chief executive officer of OPKO said, "This is a significant affirmation of Neovasc's Tiara device as we believe that Neovasc is the first company to start a feasibility trial with a transcatheter mitral valve in the US.
Feasibility Trial of Medical Hypnosis and Cognitive Behavioral Therapy for Men With Refractory Chronic Prostatitis/Chronic Pelvic Pain Syndrome.
In addition, a Feasibility Trial of a small number of patients was conducted for the FDA to reach a level of confidence so that a larger clinical trial could commence.
If the control group dropped much below 37 percent fat, it would weaken the study's power to detect a statistically significant difference in breast cancer rates between the two groups," explains Ross Prentice, of the Fred Hutchinson Cancer Research Center in Seattle, which spearheaded the feasibility trial.
This OA of the knee study is a prospective, randomised, double-blind, placebo-controlled feasibility trial that will enroll approximately 150 patients who are 40 years of age or older at three sites in the US
Medical device company Kips Bay Medical (NasdaqCM:KIPS) revealed on Monday the receipt of approval from the US Food & Drug Administration (FDA) to include more US patients and US study sites under its 'eMESH I' clinical feasibility trial of its eSVS Mesh.
Based on the results from our feasibility trial, we also believe that some patients treated with our C-Pulse System will be able to stop using the device due to sustained improvement in their condition as a result of the therapy.
The study, entitled "Randomised controlled feasibility trial on the use of medical grade honey following microvascular free tissue transfer to reduce the incidence of wound infection," was conducted by Dr.
Purpose: This randomized controlled feasibility trial examines the association between Cortisol and quality of life in breast cancer patients during adjuvant or palliative treatment with Viscurn album (Iscador[R] P, IP) to create well-founded hypotheses for future prospective clinical studies.
It has successfully passed the first phase of a feasibility trial where they treated a mannequin with bullet injuries by inserting a plastic rube into a damaged blood vessel and operating to close a perforated bowel.
He presented the findings of the COOL-MI pilot study, a six-center international feasibility trial in which 42 acute MI patients were randomized to primary angioplasty with or without rapid cooling of their core body temperature to 330[degrees]C with the use of a novel endovascular device.

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