Feasibility studies examine options for achieving an agreed set of service or business outcomes, then determine the most appropriate implementation option by using a range of quantitative and qualitative techniques. Studies can be undertaken on an economic basis (measuring costs and benefits at the societal level) or on a financial basis measuring costs and benefits (at the organisational level).
Evaluation parameters can include technical feasibility, market capacity, capital and recurrent costs, likely returns, non-quantifiable costs and benefits, legal issues, environmental impact, workforce issues, legislative/regulatory environment and potential risks to success.
Capital Insight holds necessary government registrations and provides independent advice to clients, free of any conflicts of interest. Capital Insight is experienced in all of the techniques required to undertake business and project planning, and to apply them in identifying the most appropriate solution to a business's need to change. Techniques used to assist our clients in undertaking feasibility studies include:
business planning
economic appraisal
life cycle cost analysis
gateway review processes
value management
risk management.
Capital Insight is very experienced in undertaking feasibility studies which are typically structured around:
identifying a solution that best meets the proposal objectives
identifying issues that need to be addressed as part of project implementation
clarifying roles between public and private sector participants
identifying costs and benefits as well as income and expenditure
assessing rates of return with benchmark or threshold values.