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This article explains the feasibility study, the types of the feasibility study, and its importance in a project. As the name implies, a feasibility analysis is used to determine the viability of an idea, such as ensuring a project is legally and technically feasible as well as economically justifiable.

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A feasibility study of a new plant or even of a revamped one bases the forecast for incomes and outcomes on a discounting back approach. Feasibility studies are used by various organizations to assess development projects or programs. There is no one method or a well-defined structure for a

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A feasibility study is an assessment of the practicality of a proposed project or system. A feasibility study aims to objectively and rationally uncover the strengths and weaknesses of an existing

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