Feasibility Study of Product Development Project

Now that we are ready for the New Feasibility Study to calculate the feasibility of a project, let’s take a product development project as an example to calculate its feasibility in this chapter. Please understand the power of the FPT. This section will start with the planning of a specific product development project. The feasibility of the project up to the sale of the planned products will be explained in the New Feasibility Study. There are generally four entry points to discovering a subject for product development. They are seeds, needs, current products, and vision. In the New Feasibility Study example presented in this chapter, we will use a product development project that starts with a vision. Before that, let us briefly explain how to find a subject for product development that starts from seeds, needs, and current products.