Feasibility studies can be performed in connection to real estate transactions or for the customer’s buildings when a development project is being planned.

Feasibility studies review the building in question, the available materials, the project plans and other objectives the customer has set for the project. A preliminary cost estimate and schedule will be compiled to support the study.

Some factors that have an effect on feasibility are the project’s technical limitations, challenges and risks regarding worktimes, logistics and disruptions, which often have significant impacts on costs/schedule. The review will also focus on the property’s history. Feasibility also includes the building’s safety and health factors, such as indoor air quality and potential detrimental materials. The necessary additional reviews can be performed to support the study or as its further measures.