This is a determining stage and the first step for any project. 

Pre-feasibility is essentially the necessary study to evaluate a project in a global way to determine if it will meet the client's expectations and its environment. It establishes the normative guidelines that a property has, its commercial potential, its strategic location, social benefit, the cost of investment, the scheduled times of market studies and finally the return on investment (ROI) to make informed decisions and thus guarantee that it is generatedValue Architecture.