Feasible vs. Possible

Attribute	Feasible	Possible
Definition	Able to be achieved or accomplished within a certain set of constraints	Able to happen or exist, but not necessarily achievable or likely
Likelihood	More likely to happen or be achieved	May or may not happen, less certainty
Resources	Requires resources and planning to make it happen	May not require resources or planning
Constraints	Subject to constraints that may limit its achievability	Not necessarily subject to constraints

Definition

Feasible and possible are two terms that are often used interchangeably, but they actually have distinct meanings. Feasible refers to something that is capable of being done or accomplished within a certain set of circumstances. It implies that the necessary resources, time, and conditions are available to make it happen. On the other hand, possible simply means that something can be done or achieved, without any consideration of whether it is practical or realistic.

Practicality

When it comes to practicality, feasible is often seen as more practical than possible. This is because feasible tasks are those that can actually be accomplished given the current constraints and resources available. For example, if a project is deemed feasible, it means that it can be completed within the budget and timeline set forth. On the other hand, something that is possible may not be practical or realistic to pursue due to various limitations.

Constraints

Feasible tasks are typically those that can be achieved within a specific set of constraints. These constraints could include budgetary limitations, time constraints, or resource availability. When something is deemed feasible, it means that it can be accomplished despite these constraints. Possible tasks, on the other hand, do not necessarily take into account these constraints and may not be achievable in reality.

Probability

Feasible tasks are often associated with a higher probability of success compared to possible tasks. This is because feasible tasks have been evaluated and deemed achievable within the given constraints. On the other hand, possible tasks may have a lower probability of success as they may not have been thoroughly evaluated for practicality or feasibility. Feasible tasks are more likely to be completed successfully due to the careful consideration of all factors involved.

Resource Allocation

When it comes to resource allocation, feasible tasks are typically given higher priority than possible tasks. This is because feasible tasks have been deemed achievable within the current resources available. On the other hand, possible tasks may require additional resources or may not be practical to pursue given the current resource allocation. Feasible tasks are more likely to receive the necessary resources and attention to ensure successful completion.

Risk Assessment

Feasible tasks are often associated with lower levels of risk compared to possible tasks. This is because feasible tasks have been carefully evaluated and deemed achievable within the given constraints. On the other hand, possible tasks may involve higher levels of risk as they may not have been thoroughly evaluated for practicality or feasibility. Feasible tasks are more likely to be successful and less likely to result in failure or setbacks.

Conclusion

In conclusion, while feasible and possible are often used interchangeably, they have distinct meanings when it comes to practicality, constraints, probability, resource allocation, and risk assessment. Feasible tasks are those that can be accomplished within a specific set of constraints and are more likely to be successful compared to possible tasks. It is important to carefully evaluate tasks to determine whether they are feasible or possible in order to allocate resources effectively and minimize risk.