Introduction to the importance of feasibility studies:The second part

Economic studies

In The previous part We said that every creation Project I need Investment is and Investment It means the allocation and spending of limited and costly resources! therefore Project feasibility studies sometimes Explanatory studiesIt is also called planning, identification or pre-investment.

Feasibility

Given the importance Feasibility studies Before Investment And the time consuming and costly of these studies, usually this study is done in several stages to help screen the best alternative strategies, and ultimately, extensive and detailed study Feasibility Final, before the definitive action to Investment Only on the final designs..

Market Studies

Feasibility studies It is possible to identify facilities in three stages,Early feasibility and the final feasibility is doneTechnical and Implementation of Country Development Plans Edited by the Planning and Budget Organization, the facility identification phase at the pre -preparation phase or during the fundamental studies of development and the result of land preparation, regional and regional studies, and … It defines.

Preparation of justification

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