The Re-assessment Study of Feasibility (RSF) is undertaken for projects which have utilised higher than expected cost or time resources, leading to concerns over the validity of the original feasibility study. While the RSF is generally initiated for projects which are in the implementation stage, there are instances when the RSF may be conducted during the preparation stage as well (mainly due to the delay between the finalisation of the PFS/ feasibility study and project approval).
The purpose of the RSF is to prevent budget waste and to improve fiscal management efficiency by transparent and fair decision-making through the objective and neutral investigation of the validity of a large-scale government project.
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