FEASIBILITY STUDY
A feasibility study is a tool for evaluating the practicality and viability of a proposed project or idea, includes the evaluation of various factors, and allows interested parties to evaluate your project options and compare them to the risks associated with them.
Technical and economic feasibility study (FES) provides analysis, calculations and evaluation of the economic feasibility of implementing a certain enterprise project, creating a new technical object, modernizing or reconstructing existing business processes. Feasibility study is based on a comparative assessment of costs and results, determining the efficiency of resource use, as well as the investment payback period.
A project feasibility study is developed when it is necessary to justify the choice of a specific installation option, technology, process or location.
