How Does a Feasibility Study Work?

A feasibility study is an in-depth analysis that examines all critical aspects of a proposed project to determine its likelihood of success. It assesses the practicality of a proposed plan, identifies potential issues, and provides crucial information that helps companies make informed decisions. The study involves preliminary analysis, financial projections, and risk assessment. The main objective is to determine the viability of a project or business venture and leads to a go-or-no-go decision.
d675

• #education
• #feasibility_study