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Topic

Feasibility Studies

Evaluate whether a proposed solution is viable. Tests feasibility assessment, options analysis, and weighted scoring.

Feasibility assessmentOptions analysisWeighted scoringRisk evaluation

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Topic Execution Guide

Feasibility Studies & TELOS Framework Risk Assessment

Feasibility studies evaluate whether a proposed project is viable before committing resources. Business analysts use the TELOS framework (Technical, Economic, Legal, Operational, Schedule), construct 5x5 risk matrices, and present Go / No-Go decision recommendations.

1. Comprehensive Feasibility Study Report (TELOS)

Formal feasibility document evaluating Technical, Economic, Legal, Operational, and Schedule viability.

2. Probability & Impact Risk Assessment Matrix

5x5 risk matrix scoring project risks by probability and severity alongside mitigation strategies.

3. Go / No-Go Decision Recommendation Brief

Executive recommendation brief outlining project viability tradeoffs and critical success prerequisites.

Frequently Asked Questions (Feasibility Studies)

What does the TELOS feasibility framework evaluate?

Technical (is technology available?), Economic (is it cost-effective?), Legal (does it comply with law/POPIA?), Operational (will the business adopt it?), Schedule (can it be built in time?).

How does a 5x5 Risk Probability-Impact Matrix work?

Risks are scored from 1 to 5 on Likelihood and 1 to 5 on Severity; multiplying both gives a Risk Score (1-25) to prioritize mitigation focus.

What defines a clear Go / No-Go decision checkpoint?

A milestone where executive sponsors review feasibility findings against predefined success criteria to approve continuation or cancel the initiative.

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