Feasibility assessment FEAS
Defining, evaluating and describing business change options for financial, technical and business feasibility, and strategic alignment.
Updates for SFIA 9
- There is an updated version of this skill for SFIA 9.
- Theme(s) influencing the updates for this skill: Making SFIA easier to consume (new levels).
- New level 2 added to support entry-level roles.
- You can move to SFIA 9 when you are ready - SFIA 8 skill descriptions will still be available to use.
- Previous SFIA assessments or skills mapping are not impacted by this change.
Guidance notes
Activities may include — but are not limited to:
- generating and defining options
- ensuring options align with the organisation’s vision, mission, objectives, strategy and tactics
- engaging with relevant stakeholders and specialists
- evaluating options for financial, technical and business feasibility.
Feasibility assessment is multi-dimensional. Options for change must be evaluated from several dimensions including — but not limited to — financial, technical, organisational capability and culture, strategic context, economic and/or commercial environment.
Feasibility assessment typically results in a documented business case used to support organisational decision-making about proposed investments. This skill is focused on the generation, analysis and documentation of investment options.
Levels of responsibility for this skill
| 3 | 4 | 5 | 6 |
Feasibility assessment: Levels 1-2
This skill is not typically observed or practiced at these levels of responsibility and accountability.
Feasibility assessment: Level 3
Supports option identification and feasibility assessment.
Selects and employs standard techniques to get the information required for feasibility assessment.
Supports identification of tangible costs and benefits, and development of business cases.
Feasibility assessment: Level 4
Selects relevant feasibility assessment approaches and techniques.
Identifies the range of possible options. Undertakes short-listing of options and feasibility assessment.
Engages with internal and external stakeholders to get the information required for feasibility assessment.
Supports preparation of business cases including cost/benefit, impact and risk analysis for each option.
Feasibility assessment: Level 5
Manages investigative work to enable feasibility assessments.
Collaborates with stakeholders and specialists to get the information required for feasibility assessment.
Advises on the selection of feasibility assessment approaches and techniques relevant to the business situation and options.
Prepares business cases, including cost/benefit, impact and risk analysis for each option.
Feasibility assessment: Level 6
Establishes an organisational framework and standards for feasibility assessment and business case development.
Directs and leads feasibility assessments for initiatives that will have a significant impact on the organisation.
Engages with senior stakeholders to clarify the strategic context for investment options. Directs and leads the selection of feasibility assessment approaches and techniques that are relevant to the business situation and options.
Presents feasibility assessments and business cases to senior stakeholders and supports decision-making regarding investment options.
Feasibility assessment: Level 7
This skill is not typically observed or practiced at this level of responsibility and accountability.