WHAT IS FEASIBILITY STUDY
Feasibility Study is the initial design stage of any project which brings together the basic elements of knowledge that indicate if a project is viable or not. Feasibility study includes an estimate of the level of professionalism required for a project and who can provide such expertise, quantitative and qualitative evaluation of other basic resources, identification of critical points, a general timetable and a general cost estimate. Feasibility study helps to determine whether a project can generate an equal or a higher rate of return during its life time. The preliminary design is the simple description of the conceived idea.