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The process to write the report is called feasibility study reporting. Often it is a responsibility of the project manager to control such a process.
The importance of writing the report consists in providing legal and technical evidence of the project’s vitality, sustainability and cost-effectiveness. Feasibility Report is a detailed study that examines the profitability, feasibility and effectiveness of a proposed investment opportunity.
The report, no matter how elaborate, should be prepared before one undertakes any business or expands the existing one.How to write a feasibility study proposal