SHAPES
THE FEAR OF THE LORD IS THE BEGINNING OF WISDOM
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PAPER JAM 2024
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THE FEAR OF THE LORD IS THE BEGINNING OF WISDOM
A feasibility study looks at the viability of this project to succeed? Will the project get
an idea with an emphasis on identifying us the return on investment (profit) that we
potential need
problems and attempts to answer one main and expect? Can the project work? etc
question: Will the idea work? and should A feasibility study is an analysis that takes
you all relevant factors of a project into
proceed with it? Before you begin writing account—
your business plan or a project, you need to including economic, technical, legal, and
identify how, where, and to whom you scheduling considerations—to ascertain the
intend to sell a service or product. Thus, a likelihood of completing a project
feasibility successfully. Project managers use
study is simply an assessment of the feasibility studies to
practicality of a proposed plan or project understand the difficulties and opportunities
before it ever of undertaking a project before they invest a
go operational. As the name implies, these lot
studies ask or questions whether: the project of time and money into it. Feasibility studies
is can provide a company's management with
feasible? Do we have the people, the tools, crucial information that could prevent the
the technology, and other resources company from entering blindly into risky
necessary for businesses.
PAPER JAM 2024
SHAPES
THE FEAR OF THE LORD IS THE BEGINNING OF WISDOM
Thus, feasibility studies contain comprehensive, detailed information about a business
structure, the products and services, the market, logistics of how the products will actually be
delivered, the resources needed, as well as other information about the business
Objectives of feasibility studies: The goals of feasibility studies are as follows:
• To understand thoroughly, all aspects of a project, concept, or plan
• To become aware of any potential problems that could occur while implementing the
project
• To determine if, after considering all significant factors, the project will be viable-that
is, worth undertaking or profitable or not
• To understand have control over the project even before it starts
The importance of Feasibility Studies
1. They can allow a business to address where and how it will operate.
2. They can also identify potential obstacles that may impede its operations and
recognize the amount of funding it will need to get the business up and running.
3. Feasibility studies aim for marketing strategies that could help convince investors or
banks that investing in a particular project or business is a wise choice.
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THERE IS NONE LIKE YOU JESUS THERE IS NONE LIKE YOU JESUS
THERE IS NONE LIKE YOU JESUS THERE IS NONE LIKE YOU JESUS
THERE IS NONE LIKE YOU JESUS THERE IS NONE LIKE YOU JESUS
THERE IS NONE LIKE YOU JESUS THERE IS NONE LIKE YOU JESUS
THERE IS NONE LIKE YOU JESUS THERE IS NONE LIKE YOU JESUS
THERE IS NONE LIKE YOU JESUS THERE IS NONE LIKE YOU JESUS
PAPER JAM 2024
