Visitor Question or Comment:
What is the difference between feasibility and viability
Response from ALEGSA.com.ar:
Every viable project is feasible, but not every feasible project is viable. A feasible project is one that is possible to carry out, while a viable project is one that can be sustainable, economically profitable.
In general, a project must first be feasible, and then it must be shown to be viable, economically possible, attractive.
For example, extracting oil from the oceanic subsoil is a feasible project, since there are tools and equipment to do so (it is technically possible to do so), and there is also oil in the subsoil of the Oceans. But on many occasions they are not viable projects due to the extremely high costs involved in such an undertaking, which makes them impossible to carry out.
To summarize then, the feasibility: That the conditions exist for its realization.
Feasibility: What is justified and possible to do.
For more information, I suggest reading this article: https://www.gestiopolis.com/proyectos-factibles-o-proyectos-viables/
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