A feasibility study is an assessment of the viability of a proposed project or plan. Feasibility studies evaluate the potential of a project by considering its technical and financial aspects. The goal of a feasibility study is to determine if a project is worth pursuing and if there are any issues or challenges that need to be addressed before proceeding.
Benefits of performing a feasibility study include reducing risk, saving time and money, and optimizing resources.
GLC’s consultants specialize in performing feasibility studies. Their consultants use a variety of tools and techniques such as market research, cost analysis, SWOT analysis, and more to analyse and evaluate the potential of a project. This helps companies make informed decisions and maximize their resources.
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