economic feasibility

Definition

Analysis of a project's costs and revenues in an effort to determine whether or not it is logical and possible to complete.

Use this term in a sentence

  • After reviewing the economic feasibility of sending you to Mars, we've concluded a better investment for humanity is dumping red dye into an Olympic sized swimming pool and giving you a rubber ducky.

    4 people found this helpful
  • They were looking at upgrading their computer systems, but once they looked at the economic feasibility they realized the additional revenues would not offset the costs.

    11 people found this helpful
  • We did not know if there was enough economic feasibility to continue on with our project and do what we were gonna do.

    2 people found this helpful
Show more usage examples...

Related Videos




http://www.businessdictionary.com/definition/economic-feasibility.html

Have a question about this term? Ask for help in the
Community
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z