Feasibility studies
We perform Feasibility studies in a variety of industries.
We leverage our multi-disciplinary expertise on all the major project issues like project design, economics, environmental, logistics, stakeholder, regulatory requirements, and so forth.
Lr. Project Manager’s final output is a report that investigates the viability of a project. It seeks to provide its stakeholders with an analysis that results in a go/no-go decision.
Lr. Project Manager’s final output is a report that investigates the viability of a project. It seeks to provide its stakeholders with an analysis that results in a go/no-go decision.
We achieve this through detailed and thorough:
Design Summaries
Supported by technology scans, scoping studies and pre-feasibility studies, our design summaries are done to a level that enables executives to decide.
We provide full engineering design components.
We provide full engineering design components.
Techno-Economic Evaluations
Project investment must have an ROI. Assessing the economic performance of the chosen technology(ies) we include, but not limited to,
Estimation of project costs.
Estimations of the revenues.
Estimation of operations and maintenance costs.
Implementation of capital budgeting techniques (net present value, return on investment, payback periods, debt service coverage ratios etc.)
Estimation of project costs.
Estimations of the revenues.
Estimation of operations and maintenance costs.
Implementation of capital budgeting techniques (net present value, return on investment, payback periods, debt service coverage ratios etc.)
Historical Assessments
For our projects, we perform an extensive desktop investigation into the history at the site, taken from government records and files.
This is an important component of the feasibility study as it gives the executives a context in which to make the decision to approve the project.
This is an important component of the feasibility study as it gives the executives a context in which to make the decision to approve the project.
Social Assessments
Many projects have a societal impact that is an integral component of project feasibility. Although it is often not possible to get societal buy-in prior to approving the project, Lr. Project Managers address societal impacts to the maximum extent possible to make a project decision.
Through our extensive and intensive Stakeholder management works, Stakeholders who are opposed to the project are identified and classified into these five categories:
Unaware
Opposed
Neutral
Supportive
Leading (actively promoting the project)
Stakeholder management strategies are then derived from the understanding of each individual category.
Through our extensive and intensive Stakeholder management works, Stakeholders who are opposed to the project are identified and classified into these five categories:
Unaware
Opposed
Neutral
Supportive
Leading (actively promoting the project)
Stakeholder management strategies are then derived from the understanding of each individual category.
Geopolitical Assessments
Political considerations are a factor in the feasibility of many projects.
Although it is rare that government regulation causes a project to be rejected outright, it is not uncommon that they cause project changes which increase the project budget or affect the completion date.
In addition, the geopolitical landscape can change very quickly, and we sort work with it assumed to change for projects that require more than a year of planning.
Lr. Project Managers continually ask themselves what the appetite for the project among the political class is.
Although it is rare that government regulation causes a project to be rejected outright, it is not uncommon that they cause project changes which increase the project budget or affect the completion date.
In addition, the geopolitical landscape can change very quickly, and we sort work with it assumed to change for projects that require more than a year of planning.
Lr. Project Managers continually ask themselves what the appetite for the project among the political class is.
Overall, Lr. Project Managers package a feasibility study that is concise, informative, and sufficient for executives to make that go/ no-go decision.