fezabilitii

Fezabilitii is a theoretical framework used to evaluate the practicality of proposed projects, policies, or technologies by integrating multiple dimensions of feasibility into a single assessment. The term appears as a neologism in academic discussions about comprehensive feasibility analysis, combining elements of feasibility with considerations of organizational capability and social impact.

Concept and scope: Fezabilitii expands beyond traditional cost–benefit analysis to include technical feasibility, economic viability, operational readiness, regulatory compatibility, environmental sustainability, social acceptance, and ethical implications. The aim is to provide a structured, transparent basis for go/no-go decisions.

Methodology: The fezabilitii process typically begins with scoping and stakeholder mapping, followed by data gathering across dimensions, qualitative and quantitative scoring, and multi-criteria decision analysis to derive an overall feasibility verdict and risk profile. Weights may be determined through deliberative methods or expert elicitation.

Applications: Used in early-stage project evaluation, policy development, technology assessment, and strategic planning where decisions depend on heterogeneous criteria and long time horizons.

Strengths and limitations: Proponents note that fezabilitii fosters holistic consideration and reduces discipline silos. Critics point to potential subjectivity in weighting, data gaps, and the complexity of integrating diverse metrics.

Relation to related concepts: Shares aims with feasibility studies, technology assessment, and multicriteria decision analysis. Distinctions lie in its emphasis on multi-dimensional, normative judgments rather than purely economic metrics.

See also: Feasibility study; Multicriteria decision analysis; Risk assessment.