---
title: "Short note: Feasibility study"
subject: "Project Engineering"
chapter: 2
key: "semester_7/project_engineering:feasibility-study-note"
source: https://www.bctengineer.com/q/semester_7/project_engineering/feasibility-study-note
site: BCT Engineering
---

# Short note: Feasibility study

Project Engineering · Chapter 2: Project Appraisal and Project Formulation

- Asked in: 2079 Baisakh, 3 marks
- Video: [How to Conduct a Feasibility Study - Project Management Training](https://www.youtube.com/watch?v=WI6_snOjlm0) — ProjectManager
- Answer checked by Claude Opus 5.5 (high effort) on 2026-10-14
- Page: https://www.bctengineer.com/q/semester_7/project_engineering/feasibility-study-note
- Whole chapter: https://www.bctengineer.com/md/semester_7/project_engineering/chapter-2

## Question

Write a short note on feasibility study.

## Short answer

A feasibility study is a detailed investigation to determine whether a project is technically, financially, and economically viable. It examines market demand, design, cost, funding, benefits, environmental and social impacts, and risks. The output is a feasibility report recommending whether to proceed, modify, or stop the project.

## Answer

A **feasibility study** is a detailed investigation, done before final approval, to decide whether a proposed project is practicable and worth investing in. It follows the pre-feasibility study and uses reliable data.

**Aspects:**
- Technical: technology, design, site, resources.
- Market: demand and supply.
- Financial: cost, funding, profitability.
- Economic: benefit to the nation (B/C, EIRR).
- Environmental and social: impacts and acceptance.
- Managerial and legal: capacity, permits.
- Risk and sensitivity.

**Output:** a feasibility report with alternatives and a recommendation to go ahead, modify or stop. It is the basis for detailed design, financing and tender.

## Check yourself

The answer's key points as multiple-choice questions, with the correct option and why.

1. A feasibility study follows which study?
   A. Detailed design
   B. Pre-feasibility study
   C. Construction
   D. Tender
   Answer: B. It follows the pre-feasibility study and uses reliable data. (Key point: Definition)

2. Which indicators belong to the economic aspect?
   A. Permits
   B. B/C and EIRR
   C. Staff capacity
   D. Demand and supply
   Answer: B. Economic aspect measures benefit to the nation through B/C and EIRR. (Key point: Economic aspect)

3. The feasibility report recommends:
   A. Only go ahead
   B. Go ahead, modify or stop
   C. Only stop
   D. Nothing
   Answer: B. It gives alternatives and a recommendation to go ahead, modify or stop; it is the basis for design, financing and tender. (Key point: Output)

## Related in Project Engineering

- [Proposal; feasibility study of a road project](https://www.bctengineer.com/question.md?key=semester_7%2Fproject_engineering%3Aproposal-questions-feasibility-road) — Project Engineering, chapter 2

## Related in other subjects

- [Feasibility study and its types](https://www.bctengineer.com/question.md?key=semester_5%2Fsoftware_engineering%3Afeasibility-study) — Software Engineering, chapter 1
- [Short note: feasibility study](https://www.bctengineer.com/question.md?key=semester_5%2Fsoftware_engineering%3Afeasibility-note) — Software Engineering, chapter 1
- [Case study: feasibility, drawbacks, convincing](https://www.bctengineer.com/question.md?key=semester_5%2Finstrumentation_ii%3Acs-2072kartik-feasibility) — Instrumentation II, chapter 10
- [Case study: plan, feasibility and ROI](https://www.bctengineer.com/question.md?key=semester_5%2Finstrumentation_ii%3Acs-2075chaitra) — Instrumentation II, chapter 10