The Feasibility Study is a scientific method for estimating the probability of success of the investment idea for the project before the actual implementation. It is considered the tool of avoiding the project from the potential risks or losses and the safe and sound means through which the decision is taken to achieve the appropriate investment objectives.

 

The importance of the feasibility study:

• It is one of the most important tools used by the economic decision maker, which helps in reaching the best investment options for projects with the statement of the expected revenues of the project compared to the expected costs of the implementation of the project.
• Present complete data on the project and analyze it in a way that helps the investor to make the appropriate investment decision.
• Feasibility study is the optimal method or optimal planning for the implementation and operation of the project in the light of competing projects in the market.
• Feasibility study shows the costs required for the implementation of the project, as well as the financial revenues in light of the opportunities studied and surrounded by a number of risks.
• Feasibility study helps in reaching the rational investment decision, as it requires information, data and scientific method to deal with and analyze it.
• Feasibility study helps in thinking about different ways and alternatives for the project, comparing projects and adopting the best ones in terms of production capacity, technical means and quality of labor.
   

AIC helps the investors and entrepreneurs in the following aspects of feasibility study: 

• Project idea, importance and evaluation.
• Market study.
• Technical study.
• Financial study.
• Environmental study.
• Social study.
• Legal study.
• sensitivity analysis.
• Administrative study of the project.