Feasibility

Assessing the feasibility of a construction project requires a thorough evaluation of several critical factors to ensure its viability and sustainability. Below are the areas we can assist with and manage to help determine the feasibility of your project. By carefully examining these aspects, decision-makers can determine whether a construction project is feasible and likely to succeed.

Detailed site analysis: Assess the suitability of the location, including utility locations, geotechnical investigations and environmental impact assessments.

Financial analysis: The creation of cost estimates, budget projections, and the assessment of funding availability to ensure the project’s economic viability.

Regulatory compliance: Examine that the project adheres to local zoning laws and building codes.

Stakeholder analysis: Consider the needs and expectations of all parties involved, including investors, local communities, and government entities.

Risk assessment: Identify potential challenges and develop mitigation strategies.

Project schedule: A thorough review of the project schedule must be completed to understand if the project can be managed within the proposed timeline.