About Course
Feasibility Study for a Green Building Project
This training course will investigate the concept of a feasibility study as well as an economic assessment in relation to green building projects. The client is able to decide with a high level of confidence whether or not the project can be accomplished and whether or not it should be pursued as a result of the benefits of preparing a financial feasibility study.
Important milestones in the process of development include reaching the end of the evaluation and deciding whether or not to continue with the project.
During the pre-contract stage of the process, conducting a feasibility study is an important part of the preparation. To conduct a market and financial feasibility study for any development, the clients would first appoint a valuer or quantity surveyor.
The most important reason why clients require a feasibility study is so that they can determine whether or not the proposed development has the potential to generate a return on investment and whether or not it can actually be developed.
The viability of using environmentally friendly building practices is a comprehensive topic that takes into account a wide range of issues. These issues include design, materials, the consumption of energy, cost, and the surrounding environment.
The goal of this topic is to develop a structure that is functional and satisfies the needs of the current generation without compromising the ability of future generations to do the same. This innovation, like many others in the field of green building, has come at a time when there is a significant need.
Krishnaji Pawar, a Sustainability Specialist, created the Feasibility Study for a Green Building Project Course.
Learning Objectives
- What is a feasibility study?
- Types of Feasibility Studies
- Benefits of a Feasibility Study
- What is included in the feasibility study report for a green building project?
- Economic assessment
- Research methodology
- Data analysis
- Financial analysis
- Sample Feasibility Study Report for the LEED Project
- Summary and Resources
Conducting a feasibility study is an essential process that can help project managers decide whether to invest money and time in a project. It can provide crucial information that may persuade the management of a company not to engage in a risky business venture.
An additional advantage of conducting a feasibility study is that it encourages the development of new businesses by providing information on topics such as how a company will function, the potential obstacles it may face, its competitors, and the amount of financing it will receive and the sources from which it will obtain it.
The goal of feasibility studies is to persuade financial institutions like banks and lenders that it is rational to invest money in a specific type of business venture by utilizing these types of marketing strategies.
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