A Feasibility study should be always completed before launching any major new project, investment or Joint venture. It's
were invented to avoid bad investment decisions, prevent business from targeting non-existent mistakes and to flag risks and pitfall in even the most well thought-out
investment or strategic plans. When the designer and the investor are one and the same person, the tendency is try to cut costs by doing their
own feasibility study. Often the result is completely useless. Market or economy study is different beast. This area focus is much
wider and broad experience and sound methodology is much more important than technical expertise.