Why Is Feasibility Analysis Important?

The highest return on the investment (ROI) can be realized when the issues of the various stakeholders are considered for their feasibility assessment throughout the project's whole life cycle.  The financial feasibility study (FFS) determines if or confirms that a development project is potentially profitable and should include a cost-benefit analysis of the project to cover its entire economic life, as most costs are incurred post-construction from operation of the facilities.  Developers adopt sustainability strategies to identify opportunities to benefit from improved environmental, social and economic (ESG) performance.