What is Feasibility Report?
A Feasibility Study is a formal project document that depicts outcome of the analysis, research and evaluation of a proposed project and determines if the project is technically, environmentally, economically feasible.
Feasibilities for the various aspects related to technical, commercial and financial are examined in detail by our professional experts. It helps one in identifying the strengths, weaknesses, opportunities, threats and unforeseen circumstances that might affect the success and sustainability of the project or venture.
Following aspects will be analyzed of the project
Technical feasibility mainly connected with the technological evaluation of the project. It helps organizations determine if resources meet capacity and if the technical team can convert ideas into working systems.
This evaluation plays out a cost/benefits analysis of the project before the financial resources are allocated. This sort of study gives clear idea of project feasibility as well as the economic benefits to the organization from the project.
Financial feasibility focuses explicitly on the financial aspects of the project. It identifies the feasibility of a proposed venture by assessing the capital and operating expenses, projected cash flows and return on Investment.
Market feasibility determine supply and demand in the operative market. It includes descriptions of the industry, current market analysis, competitions, anticipated future market potential, sales projections etc.