Viability, often referred to as feasibility, assesses whether a project or idea can be successfully implemented. It involves evaluating various factors such as technical, economic, legal, and operational aspects to determine if the proposed plan is practical and achievable. A viability analysis helps identify potential challenges and risks, ensuring that resources are allocated effectively. By examining market demand, costs, and potential returns, stakeholders can make informed decisions about pursuing or modifying a project, ultimately increasing the chances of success in achieving their goals.