Financial viability refers to the ability of an organization or project to generate enough income to cover its expenses and sustain operations over time. It is a crucial aspect for businesses, non-profits, and government initiatives, as it determines whether they can continue to function without running into financial difficulties. To assess financial viability, various factors are considered, including revenue streams, cost structures, and market conditions. Tools like financial projections and break-even analysis help organizations evaluate their potential for profitability and long-term success, ensuring they can meet their financial obligations and achieve their goals.