What does assessing operational feasibility generally involve?

Assessing operational feasibility involves understanding how the proposed solution integrates within the existing operational framework of an organization. This includes analyzing current processes, workflows, and resources to determine whether the new solution can be effectively implemented without disrupting ongoing operations. It requires consideration of factors such as staff capabilities, technological requirements, and any necessary changes to organizational structures. Focusing on operational feasibility allows stakeholders to evaluate whether the initiative can be sustained and aligned with the organization's goals and operational capabilities.

In contrast, examining financial aspects alone does not provide a complete picture of feasibility, as it omits critical operational considerations. Developing new markets for a product is related to market analysis rather than operational feasibility, and comparing solutions to competitors is more about competitive analysis rather than understanding internal operational fit. Both of these are essential to assess but fall outside the specific scope of operational feasibility.