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A feasibility report is a document that details the study of the profitability, feasibility, effectiveness of a proposed investment, and to evaluate the imminent business problem or opportunity. The purpose of this report is to determine project parameters and define solutions to the problem that Further needs analysis .

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The financial projections for the feasibility study provides a description of the financial projections the new initiative is expected to yield versus additional costs. Financial projections are one key aspect of new project selection criteria. There are many ways to present these projections. Net present value (NPV), cost-benefit calculations ...

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A feasibility study was conducted at Ratcon Quarry, Limited, located at Sokuro Village, 15km away from Ibadan, Nigeria, along the Lagos-Ibadan expressway, with an area of 150 acres.