The feasibility study is prepared in order to evaluate economic or social benefits of the ideas generated by the organization or project, planned to be implemented. The feasibility study is prepared to determine whether the project/idea will benefit the organization or society and find the optimal (the best) option for the implementation of the idea or project.
Feasibility study preparation process covers: performance of the analysis of the social-economical environment; performance of the evaluation of user needs; assessment of the project alternatives; selection of the technical solution; the financial analysis provides available funding sources and investment stages; determination of the viability of the project; assessment of the change of the environmental impact; conduction of the social – economical analysis of the cost – benefit approach; submission of the analysis of sensitivity and risk assessment.
High quality feasibility study gives the organizations the ability to make the most efficient decision related to the project development and is an important factor in order to obtain funds to finance the project or to prepare for the successful implementation of the project.
The experts of JSC Consultus Magnus have sufficient knowledge and experience to offer a high quality feasibility studies in the following range:
- Information Technology (IT);
- Transport, logistics;
- Innovations, industry, business development;
- Public health;
- Collaboration of science and business;
- Social politics, etc.