For each project passing through the Initiation Phase, a feasibility study should be developed in order for investors to ensure that their project is technically feasible, cost-effective and profitable. A project feasibility study allows exploring and analyzing business opportunities and making a strategic decision on the necessity to initiate the project. It is the right way to answer the question: “Is the concept of my project economically reasonable and technically feasible?”
Preparing a feasibility study is a critical step at the early phases of any new project development cycle, as it has to be conducted prior the commencement of a formal business plan, allocation of funds and resources.
We will conduct a comprehensive study of your project based on cost-benefit analysis, to identify the project economic potential, analyze the various possible alternatives and to assess the problems and risks that might occur when the business formally starts.
Other services include:
- Conducting Marketing, Financial and Technical research in order to determine the feasibility and viability of the project.
- This includes developing the financing plan for a project through the measurement of its sensitivity against future economic variables.
- As a result, we will issue our independent opinion along with our recommendation to assist in the decision making process.