PRE-Project Development

Feasibility study is the preliminary exploration of a proposed project or undertaking to determine its merits and viability. A feasibility study aims to provide an independent assessment that examines all aspects of a proposed project, including technical, financial, environmental and marketing considerations. It may concern a fully new plant or complex as well as the revamping of an existing plant or complex.

In performing such engineering work, CFI Group experts and engineers focus on the analysis of the project, the specific technical issues and study the available process solutions, their possible implementation time and cost wise, in accordance with the customers’ basis of design, local constraints (legal, environmental etc.) and the expected schedule of the project.

Technical Feasibility Study

The main tasks of a technical feasibility study are:

establishing the basis of the project and its technical requirements;
defining how practical a technical solution is;
recommending realization alternatives;
estimating project schedule and cost;

with the goal to assess whether the project development is technically feasible of not.

Financial Feasibility Study

The main tasks of a financial feasibility study are:

to compute the costs associated with the project;
to identify and secure the sources of funding for the project;
to evaluate the revenue streams that may be generated from the project;
to identify and asses the financial risks associated with the project;
to evaluate the overall financial viability of the project.

to provide a clear indication of whether the project is financially feasible.

Marketing Feasibility Study

The main tasks of a marketing feasibility study are:

to describe the current market for the product;
to identify a market for the product;
to analyse the competition of the product;
to evaluate product sales price for the product;
to identify the influencing factors which may affect the project;
to check for market opportunities and challenges;
to forecast future market through analysis and research;

so that the risk of the project will be minimized and the project gets more chance to be successful in the market segment.