Feasibility Study

The feasibility study is often the final step of the development cycle of a project, before a final decision is made on whether a project should be financed or not. This step is crucial and a feasibility study should take into account every issue pertaining to  a project.

A feasibility study must cover various aspects relevant to a project. It is important to account for the risks and the challenges relevant to the project. Risks can be technical, environmental, or social. They must be discussed in a feasibility study. Credible solutions must be found during the feasibility study to mitigate risks.

The costs estimate must be detailed and realistic. It is important to understand that the costs estimate developed during the feasibility study will often be the budget of the project execution cycle. It is then necessary to invest the effort required to prepare a detailed costs estimate. It will also have the benefits of providing a transparent document to the client, and it will also provide the basis to discuss the costs relevant to the execution of the project with the client.

The economic evaluation of a project at the feasibility level must be built from credible estimates. It is then important to invest the necessary time and effort to produce a detailed costs estimate, a detailed operating expenses estimate, and a detailed revenues estimate. Costs and revenues estimate will have a direct impact on the economic valuation of a project. At this stage, the revenues estimate must be based on a market study. It is important to estimate the market value of the goods, the expected market shares, and the competitiveness of the project against the other competitors.

Our team has prepared several feasibility studies in the past. Our clients can use our experience acquired to ensure that the studies we work on are not only solid, but we also invest our effort to make sure that they are completed within reasonable costs and on schedule. We can take charge of your studies, including the management of sub-contractors, the management of documents, and the production of the final report.