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A study evaluating a project's budget, schedule, and requirements. This process usually involves designing, examining the site, estimating the cost, and reviewing utility infrastructure.
A Feasibility Study is an assessment conducted to evaluate the viability of a proposed project or business venture. It analyzes various factors such as technical requirements, financial implications, market conditions, and legal considerations. The study helps determine whether the project is practical and worth pursuing, providing valuable insights for decision-making and planning.
Assessment determining if a construction project is viable.
