Assessing the feasible real estate venture generally begins with expectations of the various participants in the decision process. Each stakeholder in the process has terms, conditions, and their definition of the risk and returns necessary to undertake the venture. There are no universal approaches to the feasibility since each project must be analyzed on its own terms. Nevertheless, the intent of any analysis is to search for value, profit, risk, and future benefits that may be generated by a project. As the project progresses from the idea to occupancy, there are various tools and analyses that can be evaluated to address design and budget options, market conditions, and financing alternatives.