Feasibility Studies & Project Planning

Y & P Architects use a feasibility analysis to determine the viability of an idea, such as ensuring a project is legally and technically feasible as well as economically justifiable. It tells us whether a project is worth the investment—in some cases, a project may not be doable.

A feasibility analysis evaluates the project’s potential for success; therefore, perceived objectivity is an essential factor in the credibility of the study for potential investors and lending institutions. Y & P Architects use five types of feasibility study—separate areas that a feasibility study examines

• Technical Feasibility
• Economic Feasibility
• Legal Feasibility
• Operational Feasibility
• Scheduling Feasibility