Perched at the top of a project management process flow chart sits the feasibility study. This introductory analysis takes the spark—the initial idea—and compares it with reality. Moving forward could be a risky step without having the details and green light that the feasibility report provides.

Make assess project feasibility across five specific areas:

• Technical Feasibility – Using our engineering knowledge, we decide if the proposed project is technically possible. This involves considering the size of the site, access, land topography, geotechnical information, existing buildings on the site, flooding risks and other environmental factors associated with the site.
• Legal Feasibility – To ensure that the project can be performed in accordance with current legal requirements and that key aspects are analysed from a legal perspective, we undertake a rigorous due diligence process. Issues like planning permission, land ownership and taxation are all considered at this stage.
• Economic Feasibility – To determine if a project is economically viable, we conduct a cost-benefit analysis. Then, based on current market trends and our team’s experience, we analyse various options and advise on what type of project or scheme best suits the site.
• Operational Feasibility – At this stage, we assess how well the proposed project solves problems and meets goals. Whether it’s a new school, hospital, housing development, or leisure facility, every construction project should be an answer to a problem. Operational feasibility looks at the bigger picture of the project’s outcomes to ensure that when completed as planned, any issues identified and any goals highlighted are achievable.
• Scheduling Feasibility – Arguably the most important aspect in ensuring success, as any project is likely to fail if not completed on time. In scheduling feasibility, the project team estimates how much time the project will take to complete. We analyse the design, materials, budgets, environmental impacts, regulations, and risk areas all within the process. We also assess the ability of the team to succeed in completing the construction project on time and within budget.

If the consensus is that the project is feasible based on these five assessments, then a recommendation will be made to move on to the next step in the project’s planning phase.