Feasibility of your innovation project
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This module will introduce you to key concepts of a feasibility study, which – in short – is a study of the practicality of a proposed project, system or new innovation. The eleven steps described in this video lecture can be used as a foundation for your work process for a project or as key elements of your oral presentation of your project. You maybe also consider it as a checklist for assessing the feasibility of your project.
By the end of this module, you will be able to understand key concepts of a feasibility study, including overview, opportunity, problem, solution, customer and market, revenue model and impact, competitor analysis, traction, financial projections, team and conclusion and next steps.