The Archivira team clearly conducts feasibility studies on construction projects, and other projects are not our specialty.
Construction reports for both small and large developments are common. Prior to a company launching a construction project, a comprehensive feasibility study is often required, both to ascertain if the project is viable and if capital or investment financing is needed. In such a scenario a feasibility report will need to written. It is a good business practice to have a thorough report drafted regarding any construction venture as the report will give key insights into the financing needs, market potential, and of course risks to the overall business.
A feasibility study is conducted prior to a project’s undertaking such as a construction project. Clients and their investors want to ensure that any given project they plan on developing is actually “feasible”, and preparing a study showing this feasibility is the main point of writing such a report. A feasibility study includes such vital information and data as the funding needs to complete the project, the market opportunity, government regulations, risk factors, strengths and weaknesses, the management team, and the financials of the project.
Various Types of Feasibility Study Reports that we do
ARCHIVIRA’s team can assist with any of the noted feasibility studies below. Each separate study has its own features but there are more similarities among them than there are differences.
Our team at ARCHIVIRA has good experience in writing feasibility studies for our designed projects. Our experience in designing and managing residential and commercial projects has led us to provide useful advice to clients before starting a project.
1- Real Estate Feasibility for a Construction Project
This is the most common feasibility study that we at ARCHIVIRA write. Real estate feasibility reports include such features as the land survey, building permits, zoning laws, impact on the surrounding environment and natural habits, traffic issues, and general impact on businesses in the area as well as the overall market opportunity.
2- Comprehensive Feasibility
A comprehensive feasibility study is an all-inclusive report that takes into consideration some of the most rational business practices one should implement before undertaking any project.
3- Financial Economic Feasibility
An economic feasibility study is conducted when an investor wants to know if the proposed amount of his capital and financing is sufficient to complete a project successfully.
4- Marketing Feasibility (Especially in residential and commercial projects)
In recent years, we have seen many commercial and residential projects in Iran that have failed, because their initial forecast of the market was quite optimistic.
The marketing feasibility studies the market impact and penetration, such as the demographics, target market, product testing and more. Prior to launching a project into the market.