A feasibility study is an analysis of the practicality of a proposed project or business venture. It examines whether a project can be accomplished within the estimated cost and time constraints and whether it will be profitable or not. The study typically includes an examination of the technical and economic factors, as well as legal, operational, and logistical factors that would affect the project's success. It aims to identify any potential obstacles or risks that may arise during the project's implementation and provides recommendations to address these issues. The feasibility study helps decision-makers determine whether to proceed with the project or abandon it before investing significant resources.
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