In determining whether a project is commercially viable given the prevailing market rents, land prices, and construction and financing costs, a developer would be likely to conduct a(an):_________

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16-08-2022
Social Studies

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In determining whether a project is commercially viable given the prevailing market rents, land prices, and construction and financing costs, a developer would be likely to conduct a(an):_________

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vipinkumar69547 vipinkumar69547 · Answer 1 · 2022-08-20T10:17:54+02:00

In determining whether a project is commercially viable given the prevailing market rents, land prices, and construction and financing costs, a developer would be likely to conduct a Feasibility analysis.

A project's economic, technological, and legal components, as well as the project's time schedule, are all evaluated as part of the feasibility study to determine how likely it is that the project will succeed. The goal of a feasibility analysis, also referred to as a feasibility study, is to fairly and logically weigh the advantages and disadvantages of a current or proposed business, potential risks, the resources needed to carry out operations, and ultimately the likelihood that the venture will succeed.

A comprehensive picture of the budget needed and the potential returns is provided by a feasibility analysis. A feasibility study is not only limited to estimating financial gains. Depending on the project's target audience and the sector to which it belongs, it may be utilized for further objectives.

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