Final answer:
A pre-feasibility study assesses the viability of proceeding with a full feasibility study. It explores possibilities, evaluates solutions, and may include environmental impact assessments. Stakeholder buy-in is crucial for the project's progress.
Step-by-step explanation:
The pre-feasibility study is indeed utilized to assess whether it is worthwhile to conduct a full feasibility study. Its purpose can vary, but it typically involves exploring possibilities, analyzing a subject from various perspectives, and outlining potential designs with their likely advantages and disadvantages. The ultimate goal is to determine whether an idea is viable and to make an informed decision about whether to proceed to the next stages of project development.
During the pre-feasibility study phase, it might also be important to evaluate solutions and possibly conduct an environmental impact assessment to understand the consequences a project may have on the environment. This assessment is vital as it can influence the project's design, cost, and acceptability both legally and publicly.
Once the pre-feasibility study has been conducted, and the preliminary work is deemed satisfactory, stakeholders may move forward with a more detailed analysis through a full feasibility study. This includes designing and conducting in-depth research, drawing conclusions, and testing and evaluating prototypes. Throughout this process, it is crucial to involve relevant stakeholders to ensure buy-in and that the evaluation is simple and doable for program managers to guarantee its usefulness and usability.