# Feasibility study for projects above USD 1M [Mandatory]

A feasibility study is required for projects whose expected value is above USD 1 million.

Key components of a feasibility study include:

1. Description of the context
2. Definition of objectives and logic of the intervention
3. Identification of the project
4. <span style="mso-list: Ignore;"><span style="font: 7.0pt 'Times New Roman';"> </span></span>Demand and option analysis
5. Environmental and social considerations including Environmental and Social Impact Assessments
6. <span style="mso-list: Ignore;"><span style="font: 7.0pt 'Times New Roman';"> </span></span>Technical design and cost estimates
7. Plan for implementation and - if applicable - operation of the project
8. Financial, economic and sensitivity analysis
9. Risk analysis
10. Conclusions and recommendations