Title: Explain the objectives and importance of a feasibility study.
Course: Engineering Concepts and Processes III (21005-II-36) > Section: Identifying Product and Process Trends

Explanation should include

- defining feasibility study
- summarizing reasons for conducting a feasibility study
- explaining the importance of using a feasibility study in guiding a project.

Process/Skill Questions:

- What are the five areas of feasibility involved in a feasibility study (technology and system, economic, legal, operational, schedule)?
- What is a cost-benefit analysis, and how is it a factor in an engineering design project?
- What is the difference between legal and ethical considerations in an engineering design project?