Feasibility Studies
Our Construction feasibility studies services are a crucial initial step in the planning and development of construction projects. These studies assess the viability and potential risks associated with a proposed project before significant time and resources are invested. They provide valuable insights that help stakeholders making informed decisions regarding whether to proceed with a project.
Service Includes
Here are the key services our teams are involved in preparation of construction feasibility studies:
Market Analysis
Assessing the current market to determine the demand for the type of construction project being considered.
Financial Feasibility
Evaluating the financial aspects of the project, including cost estimation, budgeting, and revenue projections.
Site Evaluation
Assessing the suitability of the chosen site for the proposed construction, including considerations like zoning regulations, land use restrictions, environmental impacts, soil conditions, and accessibility.
Technical Feasibility
The conduct technical evaluation of the project, including the engineering requirements, construction methods, and any potential challenges.
Legal and Regulatory Compliance
We consider all relevant laws and regulations governing construction in the area.
Report Preparation
Compile all the findings and recommendations into a comprehensive feasibility report.
Value Added Service
Our value added services are aimed to provide more comprehensive and specialized support to clients toward decision making.
Risk Assessment
Identify potential risks and uncertainties that could affect the project's success.
Alternative Analysis
We explore multiple project options or design alternatives to find the most cost-effective and feasible approach.
Sustainability and Environmental Impact
Our experts assess the project's impact on the environment and evaluate the feasibility of incorporating sustainable practices and meeting specific green building standards.
Schedule and Timeline
We develop a construction timeline and schedule that outlines key milestones and the overall project timeline.
Life Cycle Cost Analysis
Consideration of the long-term operating and maintenance costs to ensue the full financial implications of client’s investment over the project's lifespan.