CHAPTER 3

Project Feasibility

The Present Chapter

It explains the concept and process of project feasibility as used in case of multiple and high-funded business projects.

Introduction

Before deciding on any business venture involving huge risk and investment, its’ essential to find out whether the project is feasible or not, that is, conduct a feasibility study. The feasibility study can be conducted for smaller projects as well, but generally on account of time and efforts involved, it is conducted for bigger projects. This process helps to determine the implementation of the project on time and under budget. A feasibility study needs to be completed as early in the project life cycle as possible. The best time to complete it is when you ...

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