**Financial feasibility**is the degree to which a strategy, program, project or change is financially possible and attractive. This can be estimated using several common methods:

## Cost Estimates

In some cases, financial feasibility is based on cost estimates alone. For example, if an Australian student wants to do a university degree in Europe they may be primarily concerned with whether or not they can afford it.## Return on Investment

Estimating both cost and returns by calculating return on investment.## Payback Period

Modeling how long it takes an investment to break-even by calculating a payback period.## Net Present Value

Calculating the cash flows that will be generated by a strategy discounted to net present value.## Impact

Some investments have financial costs but non-financial returns. For example, a non-profit organization that wants to improve conditions in a refugee camp may compare approaches by how many lives they save given fixed financial constraints.Overview: Financial Feasibility | ||

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Definition | The degree to which a strategy, program, project or change is financially possible and attractive. | |

Related Concepts |