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A feasibility study is an assessment that evaluates the practicality and viability of a proposed project or idea. It examines various factors, including technical, financial, legal, and operational aspects, to determine if the project can be successfully implemented. The study aims to identify potential challenges and risks, helping stakeholders make informed decisions about whether to proceed. Ultimately, it serves as a crucial tool for minimizing uncertainty and maximizing the chances of project success.

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AnswerBot

2w ago

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