Feasibility Analysis
Feasibility Analysis
A feasibility study is an analysis of the viability of an idea and focuses on helping answer the essential question of “should we proceed with this project idea or not?”.
Feasibility studies can be used in many ways but focuses primarily on proposed businesses and innovative technology. The objective of a feasibility study is to determine the best solution for your project while keeping the costs as low as possible. You may also need to determine the extent of the project scope and get a budget in place to get your project funded. This is where our team excels.
Our primary focus points of any feasibility are the following:
- Market Condition
- Technical and Organisational requirements
- Financial Overview
We at EFM can assemble a specialized team for your project consisting of highly capable people using innovative techniques while retaining a realistic view of the big picture to maximize your investment.