Professional Practice Architecture Practice Test

What is the primary focus of a Feasibility Study?

1. Determining the site layout

2. Assessing the viability of a project

3. Creating schematic designs

4. Conducting environmental impact studies

The correct answer is: Assessing the viability of a project

The primary focus of a Feasibility Study is to assess the viability of a project. This process involves evaluating various factors, such as economic, technical, legal, and scheduling aspects to determine whether the proposed project is practical and achievable. A thorough feasibility study helps stakeholders understand whether the project can be successfully completed within the prescribed constraints and if it will meet the intended objectives. When assessing viability, considerations may include financial projections, market demand, regulatory requirements, and potential risks involved with undertaking the project. By analyzing these aspects, the study provides critical insights that inform decision-making, ensuring that resources are allocated to projects that have a higher likelihood of success and sustainability. While determining site layout, creating schematic designs, and conducting environmental impact studies are all important components of the broader project development process, they are not the primary focus of the feasibility study itself. Instead, these tasks are typically addressed after the feasibility of a project has been established, as they require a commitment to moving forward based on the conclusions drawn from the feasibility analysis.