[amp_mcq option1=”technical feasibility” option2=”economic feasibility” option3=”operational feasibility” option4=”All of the above E. None of the above” correct=”option4″]
The correct answer is: D. All of the above
A preliminary investigation is a study that is conducted to determine the feasibility of a proposed project. The three main types of feasibility that are studied in a preliminary investigation are technical feasibility, economic feasibility, and operational feasibility.
Technical feasibility refers to the ability to build and operate the proposed project. This includes factors such as the availability of technology, the skills and experience of the project team, and the cost of construction and operation.
Economic feasibility refers to the profitability of the proposed project. This includes factors such as the cost of the project, the revenue that the project will generate, and the risks associated with the project.
Operational feasibility refers to the ability to manage and operate the proposed project. This includes factors such as the availability of resources, the organizational structure of the project, and the management team’s experience.
All three types of feasibility are important to consider when evaluating the viability of a proposed project. A project that is not technically feasible, economically feasible, or operationally feasible is unlikely to be successful.