Project Feasibility Study

Before starting any construction project, a project management process flow chart sits the feasibility study which will conclude in a feasibility report. This preliminary analysis takes the spark, the initial idea and compares it with reality without having the details and green light that the report provides, moving forward could be a unsafe step and kind of like buying a ticket to an exotic destination without checking the political situation, weather forecast or health alerts. Project feasibility studies provides following:

• Technology and systems used in the resources,
• Cost and benefit analysis
• Planning requirements and restrictions, entitlement and
• Schedule