Feasibility Services
Feasibility Services
Before projects begin, many companies choose to conduct Feasibility Studies in New England. What is a Feasibility Study? A study of this type examines the viability of the project and helps to determine if the project should go forward. In addition, when a project appears to be exceeding its budget, a study of this type may be requested, in an effort to find options to bring the project back within spending guidelines or determine alternatives to bring costs under control. With the help of a feasibility study, companies find they can save time, money and hassle at every stage of the process.
The Evaluation Stage
- Preliminary budget review
- Search for savings during design development
- Final budget established
- Schedules duration determined
- Feasibility issues in construction
- Life-cycle costs, such as maintenance, operations, energy, capital and systems
- Site work
- Architecture
- Structure
- Foundations
- Electrical and mechanical systems
- Exterior enclosure
- Finishes
- Feasibility of construction
- Availability of materials
- Labor pool
- Time needed for installation
- Associated economics and cost
- Impact of the project on various other components of the building