Feasibility Studies

Feasibility studies help mitigate the risks from complexity and unforeseen circumstances.

You may be a landlord or tenant wanting to explore what legal and practical options are available when refurbishing or extending a property. You may be a real estate agent wanting to use feasibility studies to help clients with existing or new properties. Feasibility studies provide that extra competitive edge when trying to secure a sale. Or you might own your own office, barn or residential accommodation and want to completely change the layout or extend.

Carters Building Consultancy have a proven track record in this field. These preliminary studies at the onset of projects are crucial with large and complex schemes, or where a proposed development is in doubt or controversial. If Environmental Impact Assessments (EIA) are required, these often form part of the feasibility study.

Feasibility studies aim to:

  • establish project viability;
  • help identify a range of options and;
  • assist in the development of other project documentation such as the business case, project execution plan and strategic brief.

On large or complex projects, there may be a number of different feasibility studies carried out, sometimes requiring different skills to consider issues such as:

  • planning permission;
  • the likelihood of an environmental impact assessment;
  • other legal or statutory approvals;
  • analysis of client requirements relative to the available budget;
  • assessment of the potential to reuse existing facilities rather than building anew;
  • assessment of site information provided by the client;
  • site appraisal information such as availability of services uses of adjoining land, easements and restrictive covenants, environmental impact etc.;
  • The consideration of different solutions to gain access to a site;
  • analysis of accommodation that may be included or excluded;
  • assessment accommodation comparisons and preparing basic designs;
  • assessing operational and maintenance issues,
  • appraisal of servicing strategies;
  • programme considerations and;
  • procurement options.

Various stakeholders, statutory authorities and third parties may need to be consulted in the preparation of feasibility studies.

Carters Building Consultancy assessments are presented in a structured way to help clients decide whether or not to proceed to the next stage.