Conception phase, starting with the seed of an idea, it covers identification of the
product / service, Pre-feasibility, Feasibility studies and Appraisal and Approval. The project idea
is conceptualized with initial considerations of all possible alternatives for achieving the project
objectives. As the idea becomes established a proposal is developed setting out rationale,
method, estimated costs, benefits and other details for appraisal of the stakeholders. After
reaching a broad consensus on the proposal the feasibility dimensions are analyzed in detail.
Greenland Tenders Pvt. Ltd