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Feasibility Study - The investigation on how suitable a development project will be in a specific area, bearing in mind the costs; its technicality and whether it will be profitable. In totality a Feasibility Study would reveal the strength, weaknesses of the development and the threats and opportunities that the environment presents. At the end of a Feasibility Study and after critically looking at the viability of the proposed development one is able to have a full understanding of what resources or activities need to be established.
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