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Project Feasibility Report

Analysis to determine the viability of a project based on cost, size, location, available market, and other factors from the perspective of the owner. Depending on the project, options considered may include retrofit and systems renewal, renovation, replacement and, if relevant, noncapital solutions such as physical reorganization. The review can include alternate models for project delivery (such as creating swing spaces and occupancy during construction), as well as sustainable design features, or risk issues such as geology, environmental assessment or project time and cost factors. MHPM will provide a comprehensive feasibility report of the analysis and preferred option for development, including clarification of project objectives, justification, alternatives considered and (where applicable), funding strategy.

Would your project benefit from a project feasibility review to determine best strategies for accommodating growth, occupancy, budgets or timelines? Please contact the MHPM regional office closest to you to find out more.

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PM Tips

Don't leave details to chance or delay design decisions to the construction phase - this always results in additional expense and disappointed stakeholders.


 
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