Why Do Projects Fail? An Inside Look from a Feasibility Study Perspective Introduction: When Dreams Shatter Against Reality In the fast-paced business world, ideas are born every second, projects take shape every minute, and investments launch every hour. But behind this gleaming scene of activity and vitality lies a painful and costly truth: 80% of projects fail to achieve their intended goals. This isn't just a cold statistic, but a reality experienced daily by millions of business owners and investors worldwide. Imagine for a moment: an ambitious entrepreneur investing his life savings in a promising industrial project, a real estate company putting all its weight behind a massive residential project, or a tech institution betting on a revolutionary new product. In all these cases, there's one common factor that separates success from failure, profit achievement from investment loss, empire building from collapse: the quality of the feasibility study. A specializ...
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