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An industrial park housing industries falling under the green and white categories based on the pollution index, is to be developed over an area spanning 128Ha. A construction project formulation and appraisal study has been carried out over various dimensions pertaining to it. These dimensions include risk management, stakeholder management, bid process management, locational analysis, financial analysis, project scheduling, project controls, cost-benefit analysis, environmental impact assessment, and technical analysis. The viability of the Industrial Park is then established based on the conclusions derived from the aforementioned studies.