Be able to evaluate the feasibility of an idea
Click to watch ‘What is innovation?’ produced by DBD International.
Table of Contents
- Tutorial Video
- Reading Materials
- ‘Carrying out a feasibility study: How to make a smart decision’ on the Project Smart website
- ‘Fishbone (cause and effect) diagram’ webpage on the Fishbone Diagram website
- ‘Pareto analysis’ on the Investopedia website
- ‘Innovation and market research: A balance between risk and reward’ on the Flex website.
- Presentation
- Good Practice Example
- Good Practice Example
- Good Practice Example
- Interactive Quiz
- Evidence Opportunities
- Extended Learning
- Click to read ‘Making sure your idea works’ on the My Gov Scotland website.
- This article on the Project Smart website details ‘The elements of a good feasibility study’.
- This article from Business Balls explains ‘SWOT Analysis’. It is important to look at the Strengths, Weaknesses, Opportunities, Threats of an idea.
- Think And Challenge
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