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The Construction Project Formulation and Appraisal Studio in Semester 1 of Master’s in Construction Engineering and Management aims to develop an understanding and analysis of various phases of the project life cycle. Understanding the project's objectives and general scope is essential before starting any project. The project studied is one of the tallest temples in Asia with a height of 451 feet and the site area is 60 areas. This presentation consists of Risk Analysis, Demand Analysis, Cost Breakdown Structure and Design Brief. These kinds of exercises are essential to carry out the project in the inception stage. It illustrates the project's actual situation, which aids in determining its feasibility.