A feasibility study is an analysis that considers all relevant factors of the project – including economic, technical, legal and scheduling considerations – to determine the likelihood of successful completion of the project.

Whether a project is viable depends on several factors, including the cost of the project and the return on investment, i.e., whether the project generates sufficient revenue or sales from consumers.

Feasibility studies, however, are not just for projects where you want to measure and predict financial benefits. In other words, feasible can mean different things, depending on the industry and the goals of the project. For example, a feasibility study can help determine whether a real estate investor can generate enough investment capital to build a new property.

Feasibility studies from ST Buildings can help investors in real estate projects to determine the risks and rewards of implementing action plans, and enable them to make lower-risk and more sensible investment behaviors.