ABSTRACT

Should the prefeasibility study be conclusive, the project promoter is invited to feed in more information to the analyst. The feasibility expert scrutinizes all the possible contextual risks (environmental, legal, political,

etc.) that trigger or amplify Existing vulnerabilities. Some authors have echoed the idea that a feasibility study consists of a thorough analysis of the different project components,1 including assessing its risks, identifying its key components, and measuring its impacts in order to reach a “go,” “no go,” or “put on hold” decision.