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Project Viability

oboloo Glossary

Project Viability

Project Viability Definition

A project is viable if it is able to meet its objectives within the constraints of available resources. In other words, a viable project is one that can be completed successfully given the time, money, and other resources that are available.

There are a number of factors that can impact the viability of a project, including its scope, complexity, and the skill level of the team working on it. Additionally, the availability of resources can also play a role in determining whether or not a project is viable.

If a project is found to be non-viable, it may be necessary to make changes to its scope or budget in order to make it more achievable. In some cases, it may also be necessary to bring in additional resources or expertise in order to increase its chances of success.

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