Feasibility Study – The critical success factor in project management

F/S is final study of project  most important study in preparation period of investment. Hitachi confirm that 75% of total cost of their project is decided in design period ( Design is one phase in F/S). Mazda confirmed that 50% of product quality is decided by design. Until the time of F/S completion, project owner just spent around 5% of total project cost. If F/S confirm that the project is feasible, project owner may invest and they shall spend 95% of total project cost.  It means that F/S is very important...