A feasibility study is an assessment that evaluates the practicality of a proposed project or idea. It examines various factors, including technical, economic, legal, and operational aspects, to determine whether the project can be successfully implemented. The goal is to identify potential challenges and benefits before committing significant resources. These studies are commonly used in fields like business, engineering, and construction. By analyzing market demand, costs, and potential returns, stakeholders can make informed decisions. Ultimately, a feasibility study helps minimize risks and ensures that projects align with strategic goals.