A feasibility study is an assessment that evaluates the practicality and potential success of a proposed project or idea. It examines various factors, including technical, economic, legal, and operational aspects, to determine if the project is viable. This process helps stakeholders make informed decisions before committing resources. The study typically includes market analysis, cost estimates, and risk assessments. By identifying potential challenges and opportunities, a feasibility study provides a roadmap for project development. It is commonly used in fields like construction, business, and technology to ensure that investments are sound and aligned with strategic goals.