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Project feasibility study is required to make a decision whether the project proposal is technically and economically feasible? After finilisation of the project feasibilty report by the experts (technical & economical), the decision for going ahead for preparation of Detailed Project Report (DPR) for the project proposal. The answer is not detaial enough. key salient differences was not highlighted.

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15y ago
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15y ago

Business planning covers a wide area. Here what type of business has to be started, nature and industry of the business are analysed. But in case of feasibility study after selecting a particular business viability of that business are analysed. So business planning is the first step followed by the feasibility study.

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Q: What is the comparison between business plan and feasibility study?
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