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A good feasibility study helps to make an objective decision as to whether to continue with a proposed project. A feasibility study should include extensive project considerations, including:
- Technological constraints
- The market
- Staffing needs
- The marketing strategy
- The schedule
- Financial forecasts
My comprehensive feasibility study template will help you to get started quickly with your own feasibility study. The individual chapters are already given through headlines and you get the complete structure of the document. This ensures that you do not overlook any essential parts and you already have everything arranged in a clear layout.
How do you write a feasibility study for a construction project?
Feasibility Studies vary based on project scope and operational demands.
Your feasibility study may include:
- Planning permission such as securing legal/statutory approvals
- Analyzing budget based on client requirements
- Considering alternative solutions such as a remodel or other possible locations
- Assessing client-provided site information
- Assessing operational and maintenance issues
- Consulting stakeholders, statutory authorities, and other third parties
- Completing additional site appraisals in addition to geotechnical studies (contamination, availability of services, adjoining land uses, easements and restrictive covenants, and more.
How is a feasibility study structured?
A princpal structure of a feasibility study should include at least the following sections:
- Executive Summary,
- Introduction to the project,
- Project justification,
- Alternatives, and
- Cost-Benefit Analysis.