Feasiblerealizable

Feasiblerealizable is a term used in project assessment and design to describe an evaluative approach that combines two related ideas: feasibility and realizability. Feasibility examines whether a concept can be developed within given constraints, including technical capabilities, financial resources, legal compliance, and market potential. Realizability looks at whether the concept can be implemented, operated, and sustained in real-world conditions, considering organizational capacity, supply chains, governance, maintenance, and long-term viability.

In practice, assessments labeled as feasiblerealizable probe both dimensions in parallel. The process often begins with scope and requirements, followed by technical feasibility work such as design maturity, proofs of concept, or prototypes. Economic feasibility involves cost estimates, return on investment, and payback periods. Regulatory feasibility checks legal and policy constraints. Realizability considerations cover organizational readiness, staffing, change management, procurement, and the ability to scale and maintain the solution over time. Risks, timelines, and sustainability are evaluated to produce a go/no-go decision or a phased implementation plan.

Applications span product development, software projects, manufacturing, infrastructure, and urban or policy initiatives. The term serves as a reminder that a concept must not only be technically possible but also practically doable within the organizational and societal context.

Limitations include the term’s lack of standardized definition across disciplines, which can lead to ambiguity. To mitigate this, practitioners define the scope and criteria for feasibility and realizability explicitly in project documentation. See also feasibility studies, implementability, viability, and practicability.