Project Feasibility Evaluation Based on Reflection

The aim of this paper is to analyse existing feasibility study methods, more precisely to suggest the possible use of the reflection method in the process of feasibility. The main goal of the feasibility study is to find out if the project is possible. Reflection method (ReMe) is a general tool to perform a quantitative and qualitative assessment and evaluation of any processes. In this paper we want to demonstrate the use of this particular method within the project life cycle. The system related to process of the project feasility evaluation can be defined in broader terms as entire environment consisting of technological, economical and social elements having an impact on the project success. All these elements can be measured and justified by implementing ReMe