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Frequently asked questions
2009-12-24 - What is the difference between a feasibility study and pre-feasibility study?
What is the difference between a feasibility study and pre-feasibility study?
According to Guidelines for Grant Applicants Part 3: Glossary. (No 28) Feasibility study: an investigation which tries to clearly establish whether a project will work and achieve its expected results. Such a study usually evaluates in detail a project's technical design, its costs and benefits, social and environmental aspects, institutional issues, financial aspects, feasibility of investments, etc. Feasibility studies are usually carried-out in the preparation stage of the project cycle. (No 46) Pre-feasibility study: preliminary assessment of viability of the action that usually takes place in the identification stage of the project cycle. Pre-feasibility studies generally cover the same subjects as feasibility studies, but do so in much less detail.