The feasibility study focuses on helping answer the essential question of "should we proceed with the proposed project idea?”
Feasibility studies can be used in many ways but primarily focus on proposed business ventures.
To assist our clients Bisso Construction Group asses the decision making process for the construction in the following ways:
- Evaluate Alternatives; during this process the number of business alternatives under consideration is usually quickly reduced.
- Pre-Feasibility Study, If you find out early-on that the proposed business idea is not feasible, it will save you time and money
- Market Research, will help determine the viability of a proposed product in the marketplace
- Results and Conclusions, The conclusions of the feasibility study will outline in depth the various scenarios examined and the implications, strengths and weaknesses of each. Our project leaders will study the feasibility study and challenge its underlying assumptions.
With our analysis and pre-planning, problems are anticipated, construction accurately sequenced and cost overruns are avoided where possible.