Depending on the scope of the task, a fixed price or the processing can be defined according to time and effort.
The procedure of a feasibility study should be divided into different steps. An interdisciplinary steering committee is preferable to the executive. Ideally, its members will later be entrusted with the implementation of the innovation.
Feasibility studies can easily get out of hand in terms of time and money without regular decision-making. We therefore like to work with defined decision stages, so-called "Stage Gates".