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December 4, 2019, Feasibility Study, Assessment, Strategies and Next Steps for the Creation of a CIT in Colorado Springs The following document, funded by Pikes Peak Community Foundation and El Paso
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Begin by gathering information on the project or business venture that you wish to evaluate.
02
Identify the goals and objectives of the feasibility study.
03
Conduct a market analysis to assess the demand for the product or service.
04
Evaluate the technical feasibility of implementing the project.
05
Analyze the financial aspects, including cost estimations and revenue projections.
06
Assess the potential risks and challenges that may arise during the implementation phase.
07
Compile all the findings and recommendations into a comprehensive report.

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A feasibility study is an analysis that takes all of a project's relevant factors into account, including economic, technical, legal, and scheduling considerations.
The stakeholders or project managers are typically required to file a feasibility study.
To fill out a feasibility study, one must gather and analyze all pertinent data related to the project in question.
The purpose of a feasibility study is to determine if a project is viable and worth pursuing.
A feasibility study must report on economic, technical, legal, and scheduling factors related to a project.
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