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7.

) The different classifications of feasibility studies are Techinical Feasibility, This assessment
focuses on the technical resources available to the organization. Economic Feasibility, This
assessment typically involves a cost/ benefits analysis of the project, helping organizations
determine the viability, cost, and benefits associated with a project before financial resources are
allocated. Legal Feasibility, This assessment investigates whether any aspect of the proposed
project conflicts with legal requirements like zoning laws, data protection acts or social media
laws. Scheduling Feasibility, This assessment is the most important for project success; after all,
a project will fail if not completed on time.

8.) An example of the parties interested in feasibility studies can be shown in the case of
Governor Pablo Garcia vs. Hon. Jose P. Burgos, G.R. 12430, in the case at bar it is provides
whether the City of Cebu by the President’s power on who has the right to administer a property
that was under reclamation. Here an example of parties interested in feasibility studies is the
Governor whom the is the administers the property in its patrimonial capacity under which
feasibility studies in of a necessity because it provides a detailed necessity the detailed and
integrated development plan on land use, including technical, economic, marketing and financial
feasibility studies of the said project of Hon. Jose P. Burgos in his capacity as judge of RTC
(Regional Trial Court).

9.) A feasibility study, as the name suggests, is designed to reveal whether a project/plan is
feasible. It is an assessment of the practicality of a proposed project/plan. While, a project
proposal submitted by a funding agency is a proposal of a detailed description of a series of
activities aimed at solving a certain project for the intention of funds to be disposed by the
agency or firm. In the Supreme Court En banc case of Maria Araullo vs. Benigno Simeon
Aquino III, G.R. no. 209287, a project proposal by a funding agency under the government such
as Agency Budget Proposals to the DBM herein with its purpose To boost citizen participation,
the current administration has tasked the various departments and agencies to partner with civil
society organizations and other citizen-stakeholders in the preparation of the Agency Budget
Proposals.

10.)  The reasons why lending institutions are interested in feasibility studies is it helps lending
institutions determine the costs required to successfully launch a project. So if a proposal is not
realistic initially, adjustments can be made to increase its viability. When planning a new sports,
recreation, or entertainment facility, you’ll have a general idea of who you are targeting.
However, to attain this valued audience, you must understand their needs as well as the
competitive landscape. Feasibility studies help companies establish a clear vision of the steps
between concept and grand opening. Lending institutions are interested also in feasibility studies
because it possesses relevant information to enable a reasonable investor to make an informed
decision on the feasibility on a rehabilitation plan as such as seen in the case of Metropolitan
Bank vs Liberty Corrugated Boxes Manufacturing Corporation, G.R. no. 184317.