Feasibility Study
A Feasibility Study is a detailed investigation that helps determine if a proposed project or idea is practical and likely to succeed. It's like a thorough evaluation that researchers do before starting a major project to check if it's worth the time and resources. These studies look at different aspects like technical possibilities, budget requirements, and potential challenges. They're common in scientific research, but also appear in business and engineering contexts. Think of it as a careful "reality check" that helps organizations make informed decisions before investing in bigger projects.
Examples in Resumes
Conducted Feasibility Study for new vaccine development process, resulting in $2M research grant approval
Led team of 5 researchers in completing Feasibility Study and Preliminary Analysis for cancer treatment method
Designed and executed Feasibility Studies for 3 major environmental research initiatives
Typical job title: "Research Scientists"
Also try searching for:
Where to Find Research Scientists
Professional Organizations
Job Boards
Professional Networks
Example Interview Questions
Senior Level Questions
Q: Can you describe a complex feasibility study you've led and how you handled challenges?
Expected Answer: Look for answers that show leadership in managing large-scale studies, ability to overcome obstacles, and experience in making critical decisions based on study findings. They should mention stakeholder management and resource allocation.
Q: How do you determine if a research project is financially feasible?
Expected Answer: Senior candidates should discuss budget analysis, funding sources, resource requirements, and risk assessment. They should demonstrate experience in grant writing and understanding of research funding mechanisms.
Mid Level Questions
Q: What key components do you include in a feasibility study?
Expected Answer: Should mention technical feasibility, budget considerations, timeline analysis, resource requirements, and potential risks. Look for structured approach to evaluation.
Q: How do you present feasibility study findings to non-technical stakeholders?
Expected Answer: Should demonstrate ability to communicate complex findings in simple terms, use of visual aids, and experience in making clear recommendations based on data.
Junior Level Questions
Q: What is the purpose of a feasibility study?
Expected Answer: Should explain basic concept of evaluating project viability, including assessment of resources, time, and technical requirements before project initiation.
Q: What tools or methods have you used in conducting feasibility studies?
Expected Answer: Should mention basic research tools, data collection methods, and simple analysis techniques. Look for familiarity with standard research practices.
Experience Level Indicators
Junior (0-2 years)
- Basic research methodology
- Data collection and analysis
- Report writing
- Literature review
Mid (2-5 years)
- Project planning and management
- Budget analysis
- Stakeholder communication
- Research design
Senior (5+ years)
- Research team leadership
- Grant writing and management
- Strategic planning
- Complex project evaluation
Red Flags to Watch For
- No experience with research methodology
- Poor analytical skills
- Lack of technical writing ability
- Unable to explain past research experience
- No knowledge of research ethics and protocols
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