Market analysis is compiling and analyzing data about a market and its corresponding consumers. This concept focuses on understanding the attractiveness and the dynamics of a special market within a special industry. Market analysis is essential as it helps to comprehend the business status in a particular industry, offering insight into market trends, market size, and competition. With market realisation, it would be easier to determine if a project is feasible within a given market setup.

Operational feasibility is the measuring stick of how well a proposed system solves the problems, at the same time, taking advantage of the opportunities identified during scope definition. It centers on the organization's willingness to support the proposed project. The project will not be successful, even if it has a strong financial backing and technically viable, but doesn’t fit within the entity’s strategic plan.

Financial feasibility involves calculating the startup costs, operating costs, revenue projections and thereby ascertaining profit potential. A financial feasibility analysis focuses predominantly on the profitability of the project from a financial perspective including estimated costs, return on investment and risk analysis. This evaluation serves to determine whether the project should go ahead, be redesigned or even abandoned. It's essential for assessing the viability and potential of a project.

Legal feasibility examines whether the proposed project conflicts with legal requirements, including zoning laws, data protection act, logistic constraints, or any conceivable regulatory obligation. A project may not be legally feasible if it involves any unlawful activities, violates human rights or may harm the environment. Understanding this criterion is important since it can result in project failure due to legal implications.

Technical feasibility is an evaluation of the hardware, software, and other technological needs required to implement and support the project. It examines whether the necessary technology is available or can be developed for the project. It is essential as it describes details of how the project would deliver a viable product, whether the organization already possesses the necessary technology and what the requirements might be in the context of the proposed project.

Economic feasibility is a comprehensive study examining the cost-effectiveness of a proposed project. It measures the positive economic benefits the project is expected to provide which is then compared with the anticipated economic cost. The purpose is to validate whether the project makes sound financial sense and whether it will deliver value for money. Things like cost of resources, cost of maintaining the solutions and cost benefit analysis are considered. This feeds into financial feasibility but offers a broader consideration of economic effects.

This type of feasibility study tests if the proposed project can be completed in the available time. The concept concerns itself with whether the deadline for the product or project is reasonable based on the amount of work that needs to be done, the resources available, and the timeline that the organization or client has set. It typically focuses on factors such as key milestones, project scheduling, deliverables and their timing.

Resource feasibility assesses the resources needed to complete a project and whether those resources are available. Resources include physical resources like technology and materials, but also human resources in terms of skills, experience and knowledge. It is vital to know whether the necessary number of personnel with the required skills and knowledge will be available during the project's implementation phase.

This type of feasibility study refers to the compatibility of the project with the cultural set-up of the organization and its customers. Minor cultural differences could lead to major problems in implementing and accepting the project. This study also includes the examination of the ethical alignment of the project with the societal and organizational standards.

Realistic feasibility takes a holistic view of the project, looking at whether it can actually be done in practice, considering all the aspects involved. It involves considering if the technology, which is needed to implement the project, is reliable and can be acquired, also, whether there is sufficient human resources to implement the project successfully. It also may be used to assess the height of the learning curve for employees and whether they could realistically come up to speed in the expected time frames.