Feasibility Study
/ˌfiːzəˈbɪləti ˈstʌdi/
Definitions
- (n.) An assessment conducted to determine the practicality and legal implications of a proposed project or plan.
The feasibility study revealed potential regulatory hurdles for the construction project.
Forms
- feasibility study
- feasibility studies
Related terms
See also
Commentary
Typically conducted early in project planning, a feasibility study informs decision-makers about legal, financial, and operational risks.
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