Project Development Feasibility Study
It is a comprehensive evaluation process aimed at determining the feasibility of successfully developing a business project.
The study includes an analysis of the following factors:
Product or Service
What product or service will the project offer?
Market
What is the size of the target market? Who are the potential customers?
Competition
Who are the competitors? What are their strengths and weaknesses
Operations
What operations will the company need to run the project?
Marketing
What marketing strategy will the company use?
Financials
What are the project’s costs? What are the expected revenues?
The study includes an analysis of the following factors:
Product or Service
What product or service will the project offer?
Competition
Who are the competitors? What are their strengths and weaknesses
Marketing
What marketing strategy will the company use?
Risks
What risks does the project face?
Market
What is the size of the target market? Who are the potential customers?
Operations
What operations will the company need to run the project?
Financials
What are the project’s costs? What are the expected revenues?