FEASIBILITY STUDY / FEASIBILITY ANALYSIS
Survey, Analyses and Evaluation of a proposed project to determine if it is technically feasible, economically justifiable and will it be profitable. Project feasibility or feasibility analysis is conducted to find out if the investment is worth and whether a project is doable including cost benefit analyses. A feasibility study evaluates the project's potential for success and presents a clear picture of its prospects.
Technical, Economical, Legal, Operational and Scheduling feasibilities are studied in detail, essentially following the guidelines given in the Indian Railway Permanent Way Manual.
Existing identical models in the same railway zone will be studied & compared for realistic analyses and to draw operational advantages & disadvantages.
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