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GROUP

FEASIBILITY STUDIES
AANCHAL BAGADE BA17 ARC 001
APARNA RAJEEV BA17 ARC 009
KRUTI BHATTAD BA17 ARC 021
INTRODUCTION DIMENSIONS / MERITS AND PHASES OF PROCESS OF CASE STUDY
COMPONENTS DEMERITS SITE ANALYSIS CONDUCTING A
AND FEASIBILITY
FEASIBILITY STUDY
• What is Feasibility • Market Analysis • Pros of STUDY
• 5 Phases of a Site • Understanding • Feasibility report
study ? • Technical Analysis conducting a Analysis and your Real estate of primary school
• Purpose of a • Financial Analysis Feasibility Study Feasibility Study location project –
Feasibility Study • Economical • Cons of • Cost of an • Determining the Cavendish
• Parameters of a Analysis conducting a Architectural massing of your primary school
Feasibility Study • Ecological Feasibility Study Feasibility study project
• Who needs a Analysis • Limitations of • Key elements of a • Drawing Plans
feasibility study ? • Legal and conducting a complete study and Elevations
 What is an Architectural Feasibility
? Study?
• Feasibility studies are preliminary studies undertaken in the very early stage
of a project. They tend to be carried out when a project is large or complex, or
where there is some doubt or controversy regarding the proposed
development.
• An architectural real estate feasibility study helps clients assess the merit of a
potential real estate investment. It determines
If there is a market for the idea

Whether the idea is financially viable

Whether or not the investment as a whole is worth the time

• Site analysis and feasibility study is the analysis of a property to determine its
best use, based on the following -
Your goals Local regulations and codes Economic viability
Purpose of feasibility studies
Feasibility Study is a powerful tool that design professionals use to evaluate all of
the key aspects of a potential project. These include

Design opportunities

Timescales

Financial and legal implications of the proposed works.

Establish whether the project is viable.

Help to identify feasible options.

Assist in the development of other project documentation such as the business case, project
execution plan and strategic brief
Purpose of feasibility studies
• The main purpose of this service is to investigate and evaluate the potential of
the site or building.
• Initially the research local site history is conducted, review planning policies
and assess the overall condition of the site including the constraints and
opportunities. Based on this research and assessment, options of how to
maximise the potential of the build while creating the living space as expected
can be generated.
• Most importantly a preliminary cost analysis of the proposed options, ensuring
that the Feasibility Study is a solid starting point for the journey of your project
can be created out of this.
Parameters of a feasibility study
• Parameters covered by the feasibility study for a large or complex project
includes:
o Planning permission.
o The likelihood that an environmental impact assessment will be required.
o Other legal/statutory approvalsAnalysis of the budget relative to client
requirements.
o Assessment of any site information provided by the client.
o Site appraisals, including geotechnical studies, assessment of any
contamination, availability of services, uses of adjoining land, easements
and restrictive covenants, environmental impact, and so on.
o Considering different solutions to accessing potential sites.
o Analysis of accommodation that might be included or excluded.
o Assessment of the potential to re-use existing facilities or doing nothing
rather than building new facilities.
o Assessment of the possible juxtaposition of accommodation and preparing
basic stacking diagrams.
Parameters of a feasibility study
o Assessing operational and maintenance issues.
o Appraisal of servicing strategies.
o Programme considerations.
o Procurement options.

• Various stakeholders, statutory authorities and other third parties may

need to be consulted in the preparation of feasibility studies.
• The assessments carried out should be presented in a structured way so
the client can decide whether or not to proceed to the next stage.
Wherever possible, any information prepared or obtained should be in a
format which can be readily shared and used and should be stored and
named in a way consistent with the long-term project and operational
needs.
WHO NEEDS A SITE ANALYSIS
AND FEASIBILITY STUDY?
• If you own or are considering a property, site analysis and feasibility study
could mean the difference between a big win and a failed venture. That may
sound dramatic, but we all know how much time and money is spent
developing a property. Imagine the consequences if a major site problem is
found midway through the process. You’ll want to seriously consider having
a site analysis and feasibility study conducted if:

You’re looking at a parcel for sale and would like to know how you can develop it
before you make a purchase.

You have a plan of what you want to build and you’re looking for a piece of
property that supports your project idea.

You’re a property owner who wants to develop your land but isn’t sure what would
be its best use.

You’re a property owner who knows how you would like to develop your land but need
to know if it’s feasible.
• “A study for someone who wants to convert a factory
building into a multi-use complex will have very
different needs from someone who wants to know the
best location for a house on an empty lot. We will need
to conduct a different type of study and may need to
have different people on the team.”
DIMENSIONS / COMPONENTS OF
FEASIBILITY STUDY 

MARKET TECHNICAL FINANCIAL

ANALYSIS ANALYSIS ANALYSIS

ECONOMIC ECOLOGICAL LEGAL AND

ANALYSIS ANALYSIS ADMINISTRAT
Market analysis
• Market research is the systematic gathering, recording and analysing of
data about problems relating to the marketing of goods and services.
Market research is how those who provide goods and services keep
themselves in touch with the needs and wants of those who buy these
goods and services.
• METHODS OF MARKET RESEARCH :
FIELD RESEARCH
• Personal interview, Telephone interview, Postal surveys, Purchase survey

DESK RESEARCH
• Internal sources, Sales figures, accounting records, customers’ comments and complaints , sales
representatives’ reports
ONLINE RESEARCH
• Search Engines, Newspapers, University has many useful databases online

PRINTED RESEARCH
• Business Directories, Business Statistics, Industrial Market Research Reports
Technical analysis
• The technical analysis of a project idea can be scrutinized in detail to
evaluate its technical feasibility. Technical analysis distinct from commercial,
financial, economic and managerial feasibility.
• Technical feasibility is one of the first studies that must be conducted after a
project has been identified.
• In large projects consulting agencies that have large staffs of engineers and
technicians conduct technical studies dealing with the projects
• It is carried up
• To ensure that the project is technically feasible in the sense that all the
inputs required to set up the project are available.
• To facilitate the most optimal formulation of the project in terms of
technology, size, location and so on
Technical analysis
LOCATION AND SITE
•thorough & comparative analysis for each potential location should be made to determine the most ideal side. It has to consider the
following factors:
•The accessibility to, & availability of, raw material sources.
•The availability of cheap or moderately priced utilities such as power, water or fuel.
•The combined cost of transporting raw materials & fuel to the site.
•The proximity to distributing outlets.
•The availability of skilled & unskilled labor.
•Maps & charts of the proposed site must be included.

ENVIRONMENT IMPACT ASSESSMENT

•This study - identifies the environment in which a project is to be implemented, assesses the short and long-term impacts with
respect to
•surface water quality, air quality, seismology/geology erosion, land quality, fisheries, forests, terrestrial wildlife, noise,
archaeological/historical significance, public health
INFRASTRUCTURAL FACILITIES
•Availability and characteristics of roads, bridges, railway facilities (like station, yards), air transportation, waterways, ports, etc
depending upon their relevance to the assessed requirements of the project at both implementation and operation stages need to be
studied
•A large part of the land area is normally required to be reserved for service roads, storm water mains, railways, over-ground or
overhead gas, steam, and air pipelines, water reservoirs, and even harbours for certain large-scale industrial projects.
•A detailed study of all such requirements, and of their implications in terms of time, resources, and approximate costs is necessary to
avoid surprises later on.

MANPOWER
•The availability in needed numbers, of manpower of requisite skills where and when required, has to be studied.
•manpower covers both the project implementation and the operation (& maintenance) phases.
•In case imparting of training is also involved, timely availability, and costs, of the training facilities have also to be assessed.
FINANCIAL ANALYSIS
• Financial analysis seeks to ascertain whether the proposed project will be
financially viable in the sense of being able to meet the burden of servicing
debt and whether the proposed project will satisfy the return expectations of
those who provide the capital.
• The aspects which have to be looked into while conducting financial
appraisal are:
Investment outlay & cost of project.

Means of financing

Project profitability

Break-even-point

Cash flows of the project

Investment worthwhileness judged in terms of various criteria of merit

Projected financial position

ECONOMIC ANALYSIS
• Economic feasibility is where Analysis of a project's costs and revenues in
an effort to determine whether or not it is logical and possible to complete
• Economic benefits are usually estimated with the following

Historical information of similar projects

Future taxation and inflation estimates

Scale and scope of the project

Anticipation of other competing projects

ECOLOGICAL ANALYSIS
• Ecological analysis, as the name suggests, addresses concerns related to
ecology. These generally include the following -

What is the likely damage caused by the project to the environment?

What is the cost of restoration measures required to ensure that the damage to the
environment is contained within acceptable limits?

What is the cost of reducing the negative impact

Evaluation of the environmental impacts and risks with and without technical measures are
taken to reduce these impacts?

Are there alternative ways of supplying the good or service of a project without incurring these
environmental costs? What are the costs of these alternatives?
LEGAL AND ADMINISTRATIVE
feasibility
• Legal feasibility is a measure of how well a solution can be implemented
within existing legal/contractual obligations.
• It includes study concerning contracts, liability, violations, and legal other
traps frequently unknown to the technical staff
• Determines whether the proposed system conflicts with legal requirements,
• This includes study of legal issues related to the project such as
Copyrights or patent laws

Legal requirements for financial reporting

Antitrust laws

Labor relations and regulations

Safety regulations

Union contracts

National data and work laws

Pros of conducting feasibility study
• Studying the market to know if the proposed customers really need the
product or service which the company will offer.
• Studying the competition behavior and the bench marked companies.
• Determining if all the resources needed to start working is visible or not.
• Preparing the logistical or tactical plan of how your business will produce,
store, deliver & track its products or services.
• Determining the amount of cash needed to start running the project, its
expenses, revenues & future cash flows.
• Determining the legal structure of the business.
• Identifying the number & qualifications of the human resources required.
• Narrows the business alternatives
• Identifies valid reason to undertake the project
• Aids decision making on the project
 Cons of conducting feasibility study
• At first the analysis is just on paper and this will not highlight any real
practical problems resulting a total failure of the project idea. To
overcome this problem you should make better simulations and
reiterations to minimize any gap between the predicted and actual
situations.
• another cons is that the analysis may take some time & effort.
• Finally it may be costly depending on the project type.
 limitations of feasibility study
• Although a feasibility study is a useful tool for project deliberation, it has limitations.
o A feasibility study is not an academic or research paper, but is a pragmatic information
and data analysis document. It is confidential to the group for which it is conducted, and
is not for public dissemination. A completed study should permit a group to make better
decisions about the strategic issues of its specific project.
o The study is also not a business plan, which is developed later in the project
development process and functions as a blueprint for a group's business operations for
implementation
o A feasibility study is not intended to identify new ideas or concepts for a project. These
ideas should be clearly identified before a study is initiated. Assumptions that are
partially developed from these ideas provide the basis for the feasibility study, so the
more realistic they are, the more value the study's findings will have for a group's
decision-making.
o A study should not be conducted as a forum merely to support a desire that a project be
successful. Rather, it should be an objective evaluation of a project's chance for
success. Even studies with negative conclusions are useful for group decisions.
o As stated earlier, financiers may require a feasibility study before providing loans, but
this should not be a study's only purpose.
o A feasibility study will not determine if the project will be initiated, since that depends on
 5 PHASES OF A SITE ANALYSIS
AND FEASIBILITY STUDY
• The site analysis and feasibility study can be divided into five phases—from
a study of site parameters to regulatory approvals.
1. SITE PARAMETERS
• What is allowable – as-of-right, with
special permits or variances? What are
the zoning parameters? Which other
regulatory bodies govern the development
of the property?
• This information is key at the beginning
phase of any project because it can tell
you where you can build on the site, what
the restrictions are, and what, if any,
applications need to be applied for.
• This step in the process will usually let
you know if your project is feasible on the
site.
2. PROGRAMMING
• Based on your goals and what the
property will allow, what elements are
needed?
• These are both site programming
(parking, circulation, building size, utilities,
and landscaping) and building
programming (number and size of main
rooms, circulation and egress, common
spaces, amenities, etc).
• Once the program is complete, your
architect can get a better idea of the
overall size of the project and can then
decide if the project can grow in size or
scope, stay on course with the current
program, or if it needs to scale back.
 5 PHASES OF A SITE ANALYSIS
AND FEASIBILITY STUDY
3. SITE AND BUILDING
DIAGRAMS
• A number of conceptual
drawings of site and building
elements are prepared.
• Based on the discussion of
these, a conceptual site plan
and building drawings are
drawn up for submittal to
Town/City or State regulatory
bodies.
• These are basic drawings that
show building orientation,
building layout, occupancy,
building and site relations,
circulation, utilities, parking,
and any other noteworthy
design elements specific to the
project.
4. APPLICATIONS 5. APPROVALS
• Early on, the approvals that will • This may entail informal
be necessary are determined meetings, public hearings or
by your architect, who will also simply regulatory review. Your
assist in the preparation of architect will present, discuss
applications. and revise as necessary to
• These may include Planning obtain approvals.
and Zoning, Zoning Board of
Appeals, a Historic or Design
Review Board, DEEP, Inland
Wetlands or Coastal Area
Management. Depending on
what applications are needed,
your architect will prepare the
necessary drawings for each.
 Cost of an architectural
$ feasibility study
• The cost of an architectural feasibility study completely depends on the
level of scrutiny you want your proposed project to come under.
• Every project is unique and as such every project will have its’ own set
of considerations. In turn the level of evaluation needed will have a cost
implication.
• the study thus needs to be cost appropriate and tailored to the
respective cost requirements.
• the cost of an architectural feasibility study is however totally
insignificant when compared to the costly mistakes that could be made if
one proceeds and makes big decisions without being properly informed.
• Design drawings and montages are conceptual and relatively
inexpensive to generate and can prove very beneficial. Therefore as a
basic first step the conceptual drawings are recommended as a starting
point. They provide with a very valuable tool to answer many questions
relatively inexpensively.
 Key elements to a complete
architectural feasibility study
1. Cost efficient to produce while addressing all the significant issues
2. Objectivity in proposing and answering questions
3. Define and test project objectives
4. Financials of the project are validated – capital costs and funding
options
5. Organizational capabilities
6. Market demand for the development
7. Focus on a mission statement for the development and set
achievable targets
8. Evaluate the risk involved for all stakeholders
9. Evaluate all possible alternative options to ensure the selected
option is best match for the development objectives
10. Conclusions – devise a meaningful action plan for moving forward,
or abandonment of project
 PROCESS OF CONDUCTING A
FEASIBILITY STUDY
• A real estate feasibility
study is a must before
moving ahead with a real
estate project, with the help
of equipments and
resources to maximize
project efficiency.
• A preliminary feasibility
study should be done at
the idea stage of a project
and should be validated
once concept design is
completed. It can again be
validated after the design is
complete.
Step 1: Understanding your real
estate location
• Typically a client will call in with a lot or building in the city they are looking to
purchase. At this point we start our research.
• The first step of a good feasibility study is to understand the location and other
construction occuring in the area. By looking at the zoning codes, this will tell
us what can be built by right, meaning without a variance.
• Once we analyze other
projects in the area, we
can advise on the most
return on investment
for a project, either
containing "by right" or
strategically suggesting
variances, best suited
for the project.
 Step 2: Determining the Massing
of your Real Estate Project By
Right
• The next step of a feasibility study is to
lay out the building massing.
• After defining the site parameters from
the zoning code, such as set backs,
open air etc, we would draw up an
existing massing.
• The 3D site plan of the building
massing will start to allow us to
determine the best layout for your
project.
• The 3D massing will include the
building footprints on all floors, max
buildable height, and buildable open
area.
• This is where your real estate project
starts to come together!
 Step 3: Draw unit counts, overall
floor plans, and elevations
• Once you have the building massing, it is time to get more detailed. A
proper feasibility study will have all of the units drawn within that massing.
With just 1 line separating units, this is not a schematic design exercise. A
feasibility study's purpose is to get a rough idea of project scope. Once the
units are placed, elevations and building penetrations may be added. Once
the massing has detail, it is time to create the package.
PARTS OF A FEASIBILITY REPORT
TITLE PAGE

INTRODUCTION / EXECUTIVE SUMMARY

• Background, acknowledgment, brief

METHODOLOGY / METHOD OF ANALYSIS

OVERVIEW OF ALTERNATE OPTIONS

EVALUATION

CONCLUSION

RECOMMENDATION
CASE STUDY
Feasibility report :
Cavendish primary school, ECE Architecture
London
 Executive summary /
Introduction
• The report starts by displaying an executive summary. As the title suggest this
page shows a jist of the entire feasibility report that is presented.
• the existing building was documented by them through OS maps, photographs
and existing building plans
• All site related parameters such as surface, orientation , topography, vehicular
& pedestrian movements, etc. were analyzed accurately by them
• It states that all the base design guidelines were reviewed in order to come up
with a building proposal
• Through this report they have tried to come up with 3 suitable options for the
proposal and finally were able to figure out the best of the 3 options
• At the same time key information such as : the expected timeline of the
construction works, facts to be noted which is specific to the site, risk factors
included in that place are all highlighted which are explained in detail in the rest
of the document
 Executive summary /
Introduction
• The report starts by displaying an executive summary. As the title suggest this
page shows a jist of the entire feasibility report that is presented.
• the existing building was documented by them through OS maps, photographs
and existing building plans
• All site related parameters such as surface, orientation , topography, vehicular
& pedestrian movements, etc. were analyzed accurately by them
• It states that all the base design guidelines were reviewed in order to come up
with a building proposal
• Through this report they have tried to come up with 3 suitable options for the
proposal and finally were able to figure out the best of the 3 options
• At the same time key information such as : the expected timeline of the
construction works, facts to be noted which is specific to the site, risk factors
included in that place are all highlighted which are explained in detail in the rest
of the document
 Client brief and other
information
• In this, the brief given by client is stated again in detail, in order to bring
clarity in their analysis process.
• The standards or the rules & guidelines followed are also listed for further
reference when in need
• The purpose of the report is also given so that, whoever reads it (client or
any third person ) will be able to apprehend the proposal clearly.
• The background gives us insight at as to when and under what scenario the
feasibility report was drafted (the year and the demographics of that
particular place while crating the report)
 Site details
• In this section all the details about the site is documented and displayed –
photographs of the site, building plans and site plans
• The site location points out the important landmarks nearby and all the
iimpoint points which were noted regarding the site
• In site photographs each elements captured in the image are labelled so
that the viewer gets a better idea about the orientation and the surrounding
of the site
• This is done for a better critical appraisal of the site
• In support to all these documents, a well labelled existing site plan of the
school is also produced for better reference to the existing structure in that
site
• All the floor plans are also provided in order to understand the circulation
pattern which perhaps can help in capturing the essence of the existing
school and replicate it in the proposal
 Site Analysis
• In this section the site surface, its slope and orientation as well as climatic
patterns are well documented so that proposal can be drafted in accordance
to these features. At the same time it also helps in highlighting if there were
any alterations to the previously conducted analysis
• In detail vehicular and pedestrian movements are studied since this is a
proposal for a school. From such analysis one can easily conclude as to the
functioning of the site and how the building/design proposal has to respond
to respond to this
• Other details provided include the local water distribution and drainage
pattern, gas distribution lines and the electricity and power network
 Accommodation Schedule &
Baseline Design
• This section shows how they have analyzed the spaces that can be shared
between the primary and the secondary school in the existing structure. The
shared facilities are highlighted and listed down for better legibility
• A targeted design schedule is also consolidated and produced in this report
to ensure that it is valid with respect to the client’s brief and requirements
• Supporting this, a design is proposed that follows the baseline design
schedule.
Layout Options (op. 1)
Layout Options (op. 2)
Layout Options (op. 3)
 Timeline, Risk impacts and Allied
services
• A detailed study of the expected construction timeline is provided at the end
of the report which clearly specifies all the programme milestones. This
allows the client to have better understanding about the vastness of the
project.
• A quantity surveyor’s report stating all the cost estimation done at the
feasibility stage.
• Risk impacts document is just produced to be aware about the different risk
which were identified at the site that has to be tackled or the one previously
neglected while building the secondary school
• Apart from these important titleheads, several other documents such as
sewers layout, and other such OS maps and certification letters are also
attached at the end of the report

LINK TO THE REPORT https://www.cavendishschool.net/wp-content/uploads/2014/09/6065-Cavendish-Feasibility-Report.-Final.pdf

Thank you