Question $1$

$(25$ marks$)$

You are a project management student working on a case study as part of your coursework. Your instructor has presented you with a hypothetical project to buld a new sustainable community centre in a densely populated urban area. The goai of this proyect is to provide a space for community activities, education, and social services whle minimising environmental impact.

$1\mathrm{.}1.$ In your own words, briefly discuss why it is important to conduct a feasibility study for a project.

$(2)$

$1\mathrm{.}2$ List the two types of feasibility studies that are required for this project $(2)$

$1\mathrm{.}3$ There are various steps that should be followed when creating a feasibity study. You are required to conduct a feasibility study using those steps for the above$-$mentioned scenario.

$(21)$