Feasibility study is a process of evaluating the pros and cons of a project, the possibility of getting it right before commencement to avoid losses.
Hidden dangers and positive benefits are expected to be looked at in feasibility studies to allow clients to make informed decisions. It is usually done mostly when your building project is for commercial purposes.

Below are some key benefits of conducting a feasibility study:
• Improves project teams’ focus
• Identifies new opportunities
• Provides valuable information for a “go/no-go” decision
• Narrows the business alternatives
• Identifies a valid reason to undertake the project

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