If the project is created and realized in the competitive environment, justification of its efficiency requires development of the business plan. In the conditions of lack of the competition the initiator of the project is limited to the feasibility study.
The feasibility study on the project is the most specialized type of business plans the main objective of which providing reliable special information about prospects of economic development of this or that project and features of production is.
The project is a complex of the interconnected actions intended for creation of new products or services. Novelty and originality of the project is limited to time frames outside which the project loses the value, becomes unclaimed by environment