Analyze the feasibility of a project.

In a project analysis there are six broad phases that prevail the feasibility study of that project lies among the first four phases of capital budgeting such as planning, analysis, selection or evaluation and financing and the market, technical financial, economic and ecological analyses are also involved in this feasibility study. Below is the schematic diagram of the feasibility study of a project is given -

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What is Project?

Project

• "A temporary endeavor undertaken to create a unique product or service." 
• "A project is a specific, finite task to be accomplished within a given frame of time." 
• "An individual or collaborative enterprise that is carefully planned and designed to achieve a particular aim" - Google.com

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What is Project Management?

• “Project management is the science and art of organizing the components of a project, whether the project is development of new product, the launch of a new service, a marketing campaign.”
• “Project management is the discipline of planning, organizing, securing and managing resources to achieve specific goals.”

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