Feasibility analysis can mean different things to different people. Let’s first define the term feasibility. The word “feasibility” is derived from “feasible”, which simply means capable of being done or accomplished. And feasibility studies aim to logically find the strengths and weaknesses of a proposed project, opportunities and the resources required to carry through, and ultimately the prospects for success.
There can be various types of feasibility studies – Technical, Economic, Legal, Operational and Scheduling. It is represented by the acronym TELOS.
When we talk about the feasibility analysis of a real estate project, we mostly talk about economic feasibility or financial feasibility. It is not so that we ignore the other factors in a real estate feasibility study. Most often we incorporate all of them in the economic feasibility. The final result of a real estate feasibility analysis is inclusive of technical, legal, operational and scheduling feasibility studies.
Find out more
اترك تعليقاً