Financial Feasibility
Financial feasibility refers to the assessment of whether a project or investment is financially viable. It involves analyzing costs, revenues, and potential profits to determine if the project can be funded and will generate a return on investment. This evaluation helps stakeholders make informed decisions about proceeding with a project.
Key components of financial feasibility include cost estimation, funding sources, and profitability analysis. By examining these factors, businesses and investors can identify risks and ensure that the financial resources required are available. Ultimately, financial feasibility is crucial for successful project planning and execution.