What Is a Feasibility Study and Why It’s Critical for Public Sector and Government Planning
Governments and public institutions must make impactful decisions with limited taxpayer funds. Knowing what a feasibility study is and why it’s critical for public sector and government planning ensures accountability. This study evaluates public needs, policy constraints, economic effects, and technical demands. It helps agencies justify budgets, anticipate community responses, and meet regulatory standards. Whether planning transportation systems, schools, or housing projects, a feasibility study ensures public resources are spent wisely. It supports transparent decision-making and builds public trust. More than just a report, it’s a safeguard for responsible governance and efficient use of public money.