This document discusses the key stages in project formulation and development, including feasibility analysis, design, and analysis. It outlines 10 types of feasibility that should be considered: technical, managerial, economic, financial, cultural, social, safety, political, environmental, and market. The stages of project formulation are described in detail, from initial feasibility analysis through to pre-investment analysis. Developing a detailed project design involves determining the purpose, activities, methods, roles, location, timeline, and presenting a formal proposal. A comprehensive feasibility study evaluates all relevant factors to determine if a project should proceed.