How to structure a feasibility study
A strong feasibility study provides a clear, evidence-based answer to a fundamental question: Can the project be successfully delivered within the available site, budget, technical requirements and timeframe? The following structure provides a practical framework for making that assessment.
Start with the Need, Not the Building
Begin by defining the need, intended outcomes and expected demand. Starting with a predetermined building size can lead to a facility that does not adequately address the problem it was intended to solve.
Test the Critical Constraints Early
Assess the site, budget, regulatory requirements and technology needs early in the feasibility process. Identifying potential constraints at this stage allows risks to be addressed before they lead to costly changes, delays or compromises later in the project.
End with a Clear Decision
A feasibility study should conclude with a clear recommendation, supported by the evidence, and define the next steps. This enables the organisation to make an informed decision on whether to proceed, revise the project or stop before further resources are committed.
This is general educational guidance drawn from how BC Group Africa approaches projects. It is not a substitute for project-specific professional advice.
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