Technical Viability
Technical viability refers to the feasibility of a project or idea based on the current technology and resources available. It assesses whether the necessary tools, systems, and expertise exist to successfully implement a solution. This evaluation helps determine if a concept can be developed and sustained over time.
In assessing technical viability, factors such as cost, time, and technical skills are considered. A project may be technically viable if it can be completed within budget and timeframe while utilizing existing technologies. This analysis is crucial for businesses and innovators to ensure their ideas can be realistically executed.