Feasibility studies, option appraisals and business cases
Making a judgment about whether or not an investment should be made can be one of the most difficult decisions a business can make. Feasibility studies, and options appraisals can help you to better establish, and minimize, the risk such investments could have on your business or organization. A thorough appraisal of all project and funding options is critical to ensuring success and sustainable benefits to your organization. A good feasibility study will help to minimize the level of risks associated with significant expenditure and provide reassurance to the commissioning body that the proposed project is viable and relevant to the overall strategic goals of your organization.