This paper examines the method of evaluation for feasibility study factors on housing development projects which can assist project managers to asses potential sources of risk. The aim is to reduce uncertainty on the project objectives. The major initial goals for a feasibility analysis are to define a limited set of key related factors which apply to housing development project according to development and market environment, condition of project planning and economics. Thus, in order to construct types of factors related with the feasibility, the research executes Delphi Method subjected personnel in the task to explore housing development projects. Such exploration provide the information for Importance Index, Extra Weight and the Mean of Extra Weight that is used for constituting confines of factors related with a feasibility analysis.