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feasibility study

 

Definitions from the Web

Feasibility Study

Noun:

1. A detailed analysis and evaluation of the potential success or viability of a proposed project or course of action.
Example Sentence: Conducting a feasibility study before starting a new business venture can help identify potential risks and determine whether it is worth pursuing.

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Verb:

1. To perform a detailed analysis and evaluation of the potential success or viability of a proposed project or course of action.
Example Sentence: The company hired a consulting firm to feasibility study the expansion plans and provide a thorough report on its viability.

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Adjective:

1. Pertaining to the possibility or likelihood of successfully carrying out a project or action, based on a detailed analysis and evaluation.
Example Sentence: The investors were more interested in the feasibility study report, as it provided insights into the project's potential profitability.

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Local Usage:

1. In the local context, a feasibility study may refer to a smaller-scale analysis conducted to assess the viability of a specific project within a particular geographical area or community.
Example Sentence: The city council commissioned a feasibility study to determine if building a new playground was economically and socially viable for the local neighborhood.

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