Feasibility studies can identify the logistical, financial, and market challenges of a proposed project by evaluating. What the estimate would be to fund the project. When the potential business will offer a return on investment. The market for the proposed product or service. A feasibility study is a detailed analysis that considers all the critical aspects of a proposed project to determine the likelihood of it succeeding. Although feasibility studies can help project managers determine the risk and return of pursuing a plan of action, several steps should be considered before moving forward.
Feasibility Study Objectives:
This project is planned for enhancing factory opportunities in any area, at present and in the future. The main goal of the project is to enhance whether or not it will work, and whether or not it is worth doing economically. The objective of this study is to evaluate the economic and financial feasibility of the new project of Bangladesh. The Feasibility study has the following specific objectives:
- To acquire a sense of its scope
- To determine how successful the project will be
- To provide quality information in order to assist in decision making
- Efficiency indicators that focuses on financial and economic appraisal
- Equity indicators that focuses on distribution of project benefits
- Efficiency indicators that focuses on financial and economic appraisal