Before launching any new project or investment, it’s best to determine whether the idea is truly viable. Without this step, your organization risks committing time and money to a project that may fail to deliver as expected.
In this article, we’ll share a well-structured feasibility study application that can quickly uncover potential obstacles and determine whether the projected outcomes justify the effort.
Let’s take a closer look!
20+ questions for your feasibility study questionnaire
We created an editable template with 26 questions grouped into key sections of a feasibility study. These questions will help you evaluate the forthcoming project's viability from multiple angles, including technical, operational, financial, and legal.
| Pro tip: Want to turn this into a clean and automated form you can share with clients or team members? Content Snare makes it simple thanks to its reusable templates, smart reminders, conditional logic, and a client-friendly interface. Trusted by 1,600+ businesses and ISO 27001 certified, Content Snare helps teams streamline everything from feasibility studies to complex onboarding workflows. Below, you’ll get a sense of what a structured feasibility questionnaire could look like inside the platform. |
Project overview
This section provides a brief snapshot of the project, so you can define its purpose and expected outcomes. Clarity here sets the tone for meaningful responses throughout the questionnaire.
1. What is the name of the proposed project?
2. What is the primary objective of the project?
3. What specific problem does the project aim to solve?
4. What are the key deliverables or expected results?
5. Who are the primary stakeholders involved?
Technical feasibility
The following set of questions evaluates whether the technical aspects of the project are workable with available tools and infrastructure. This part is particularly important when the project involves IT or other specialized processes.
6. What technology or tools are required for the project?
7. Do we have internal technical expertise, or will we need external support?
8. Are there any known technical limitations or risks?
Operational feasibility
This section identifies whether the organization has the capacity and readiness to support the new initiative. In addition, it reveals any internal resistance or practical barriers.
9. Will existing staff be able to operate the project without disruption?
10. Are there current processes that support the project's goals?
11. Will new policies or training be required?
12. Are stakeholders willing to adapt to the changes the project introduces?
13. Is there a clear plan for operational support and maintenance
Economic feasibility
These questions look at the financial side of the project. This involves estimating costs, identifying funding sources, and comparing those to the projected benefits.
14. What is the estimated total cost of the project?
Note: Feel free to provide a range.
15. What are the sources of funding or budget allocations?
16. What are the expected short-term and long-term benefits?
Legal and regulatory feasibility
Projects often need to comply with industry standards and regulation. The following section ensures those requirements are considered early to prevent legal issues.
17. Does the project involve any data privacy, security, or compliance obligations?
If yes, please explain the details.
18. Are there industry-specific regulations the project must meet?
If yes, which ones are these?
19. Is there a need for review by legal counsel?
Schedule feasibility
This section focuses on timing. More specifically, it assesses whether the proposed timeline is realistic based on available resources.
20. What are the proposed start and end dates of the project?
21. What are the major phases or milestones?
22. What are the key risks that could delay the schedule?
Risk assessment
No project is without risk, so use these questions to pinpoint possible issues and plan for potential problems.
23. What are the top three risks that could impact project success?
24. What is the likelihood of each risk occurring?
- Very unlikely
- Unlikely
- Possible
- Likely
- Very likely
25. What would be the impact if each risk occurs
26. What mitigation strategies can reduce the likelihood or impact?
Content Snare is the easiest way to collect feasibility study responses
If you're managing feasibility studies across departments or with external stakeholders, Content Snare can save you hours of manual effort. We built its advanced features specifically to optimize information gathering: no more chasing people for answers or getting lost in email threads and spreadsheets.
With Content Snare, you get fully editable questionnaires in a secure client portal, complete with automated reminders that keep everything moving without the constant follow-up. That means your team can focus on analysis instead of admin, and your projects can move forward with confidence, backed by accurate data.
If you're still piecing together answers in ancient data collection tools, it’s time to upgrade to a purpose-built platform.
FAQ
Who should fill out a feasibility questionnaire?
Typically, project stakeholders such as managers, department leads, technical experts, and financial planners contribute to the questionnaire. In some cases, external consultants or vendors may also be involved, especially if the project impacts multiple teams or requires specialized expertise.
How does Content Snare support feasibility studies?
Content Snare lets you turn your feasibility study questionnaire into a secure and automated form. With features like customizable templates, smart reminders, and a centralized client portal, the system makes it easy to collect structured input from multiple stakeholders without constant follow-ups or formatting issues. It’s especially useful for consultants, agencies, and teams managing multiple concurrent projects.
Can I customize this feasibility questionnaire template?
Yes, the template provided in this article is fully customizable. You can add, remove, or adapt questions to suit your specific project type, industry, or organizational requirements. Our suggestion is to do it via Content Snare as it is the best information and document gathering portal with hundreds of five-star user reviews across platforms like Capterra, G2, and Xero App Store.
