Feasibility Studies

Feasibility studies provide an understanding of whether a project is economically, technically, financially and socially feasible and sustainable, or not.

Such studies are done by analysing market trends, assessing the demand and supply dynamics, and determining the project’s financial viability, in addition to technical inputs from industry experts, engineers, architects, financial and marketing specialists, and urban planners.

An example of a feasibility study would be determining the feasibility of establishing a film studio in Durban.

Techniques utilised include market demand analysis, stakeholder engagement, value chain analysis, cost-benefit analysis, demand and financial modelling, and socio-economic impact assessments.

 

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