Compare the Difference Between Similar Terms

Difference Between

Home / Business / Finance / Investment / Difference Between Feasibility and Viability

Difference Between Feasibility and Viability

January 22, 2011 Posted by Aron

Feasibility vs Viability

Feasibility and viability are tools used in the investment appraisal of a project and its sustainability. Viability is the ability of a thing to maintain itself or get back its potentialities. Viability of a business is measured by means of the length of its survival. It is interesting to note that the sustainable profits the business had made over a period of time determine the viability of a business for that matter.

Feasibility consists in the evaluation of the aim of finding out the workability and the profitability of a business. It is quite normal that partners look into the feasibility of the business before investing money into the venture.

It is true that feasibility paves the way for viability as well. It all depends upon the profitability of a business to survive for lengthy periods of time amidst the tough competition. Feasibility is characterized by factors such as calculation, analysis and estimated projections among several other factors.

Viability on the other hand deals with business tactics and strategies to lengthen the life of the business. Strategies do not play a vital role in the concept of feasibility of a business whereas they do play a very important role in the concept of viability of business.

Business growth and sustainability are the two important aspects of viability. On the other hand feasibility is not concerned much about the aspects of business growth and sustainability. It is concerned only about the profitability and the workability of the business.

Feasibility of a business comes into play only after the particular business satisfies the conditions of profitability and workability. This means that viability follows feasibility. In other words feasibility paves the way for viability of a business.

Thus we come to know that men and material are required to achieve the goal of feasibility of a business. A feasible business is likely to last long and achieve viability too.

Related posts:

Difference Between IRR and NPV Difference Between Index Funds and Mutual Funds Difference Between Shares and Stocks Difference Between Gambling and Investing Difference Between Gambling and Speculation

Filed Under: Investment Tagged With: business growth, business strategy, business sustainability, Feasibility, feasibility report, investment appraisal, profitability, Project Management, return on investment, Viability, workability

About the Author: Aron

Professor in Social Science and a contributing writer for Difference Between

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Request Article

Featured Posts

Difference Between Coronavirus and Cold Symptoms

Difference Between Coronavirus and Cold Symptoms

Difference Between Coronavirus and SARS

Difference Between Coronavirus and SARS

Difference Between Coronavirus and Influenza

Difference Between Coronavirus and Influenza

Difference Between Coronavirus and Covid 19

Difference Between Coronavirus and Covid 19

You May Like

Difference Between Samsung Exynos 5 Dual and Exynos 5 Octa

Difference Between Reducing Sugar and Starch

Difference Between Reducing Sugar and Starch

Difference Between Blending and Particulate Inheritance

Difference Between Blending and Particulate Inheritance

Difference Between Scarcity and Shortage

Difference Between Heaven and Hell

Difference Between Heaven and Hell

Latest Posts

  • What is the Difference Between Foundation and BB Cream
  • What is the Difference Between Cybrids and Hybrids
  • What is the Difference Between Hapten and Adjuvant
  • What is the Difference Between Omphalocele and Gastroschisis
  • What is the Difference Between Autonomic and Somatic Reflexes
  • What is the Difference Between Plagiocephaly and Craniosynostosis
  • Home
  • Vacancies
  • About
  • Request Article
  • Contact Us

Copyright © 2010-2018 Difference Between. All rights reserved. Terms of Use and Privacy Policy: Legal.