The feasibility study (which includes the technical and economic feasibility project) is a fundamental step in the definition of a new project. It aims to establish the execution plan and to quantify the resources necessary for its development.
For complex projects or projects of significant economic size, the feasibility study is an indispensable tool, since it offers an in-depth evaluation before starting the construction phase. Starting from a first idea, the document provides a detailed analysis of the characteristics of the project, an estimate of costs and expectations. The primary objective is to highlight strengths and critical issues, while identifying potential opportunities and risks.
This study involves the evaluation of different design solutions, all oriented to achieving the main objectives. This makes it possible to select the options with the lowest risk profile, optimizing the design according to the available resources and the pre-set strategic objectives.
The prefeasibility study is configured as a preliminary version of the feasibility study. It offers an initial analysis useful for deciding whether to proceed with a design study. This first level of analysis facilitates the pre-selection of initiatives with the greatest potential, effectively supporting the management and development of the portfolio of projects and opportunities.