1.7 Feasibility
The feasibility study, step 6, and the subsequent feasibility decision refer to whether the project is even possible. A project may be feasible, or possible, but not economical. Infeasibility may result from unavailability of investment capital, land, labor, or favorable zoning regulations. Safety codes or other regulatory laws may prohibit the enterprise. If an undertaking is shown to be infeasible, either alternatives must be found or the project must be dropped.