In General, a feasibility study is an evaluation and analysis of the potential of a proposed project which is based on extensive investigation and research to support the process of decision making. Feasibility studies aim to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats present in the environment, the resources required to carry through, and ultimately the prospects for success. In its simplest terms, the two criteria to judge feasibility are "Cost required" and "Value to be attained".
Although it may sound irrelevant for our specialization that usually focuses on preparing offers for the cost of building construction, we found it very useful when involving ourselves in feasibility studies for the types of services that our construction projects and design concepts will be facilitating for its clients. It helped our clients to take decisions to build the buildings we are proposing to them, simply because the architect should start from where the investor and the businessman end and not vice versa, investors care much about the return on investing their money in buildings rather than the quality of designs or construction. It's like two sides of a rope that is pulled between the businessman and the architect
Now if you own a land and you don't know what type of building to construct in your property that will bring you the maximum return on investment? We do not only give you an offer for the estimated construction cost for our designs, we even go further beyond our scope of specialization by doing a feasibility study to help you take a decision for constructing the buildings and designs we are offering, we do all the research and the financial Projections, and we make a full business plan for you suggesting the best fitting for your properity that will maximize your prophets when investing as a real estate developer. We Do:
Market research for the type of services your building will be offering to its clients, price comparisons, market segmentation, niches, deffrentiation, competitions, supply and demand mechanisms, marketing goals, strategies, and tactics, etc.
Financial projections including SWAT analysis, cost of the project, risk factors, breakeven, cash flaw programs, cost control, revenues, etc. For the service your building will be offering to its clients
Operating Requirements as when following the set of feasibility study steps we proposed, owners can use our operational studies to stay clear, focused, and unbiased about a project’s real needs. This also include project managers who need to understand the physical and fiscal resources required for a new product or service in order to avoid ending up with failed projects or unfulfilled promises specially in the field of construction.
