The Opportunity Assessment process is undertaken once a significant opportunity has been identified (i.e. an accepted Opportunity Profile has emerged from the Opportunity Discovery process). The input into an assessment is a completed Opportunity Profile that defines the opportunity in terms of the collected knowledge about community unmet needs and desires, technology possibilities and potential and existing solutions. The purpose of the assessment is to develop the knowledge needed to make a decision as to whether this opportunity should become a business.

The following diagram shows the steps in the opportunity assessment process.