As many countries move towards privatization and public/private partnerships in developing and financing mega infrastructure projects, understanding how to prepare and successfully study projects is important. This book examines, how much can an explicit Feasibility Study/Risk Management affect the success of a Tendered Project Appraisal. It reviews a case study along with different industry professionals and library research to recommend certain techniques which can be used in the preparation of a Build Operate Transfer (BOT) project proposal.