Feasibility Studies in Construction Projects
Practice and Procedure
Practical Construction Guides Series

Feasibility Studies in Construction Projects covers all aspects of feasibility study analysis including assumptions, the preparation of a feasibility study for submission, and the necessary elements to consider regarding the project cycle. The book also provides templates for use in preparing a feasibility study report.

The book offers the reader a step by step guide on how to prepare a feasibility study for a large infrastructure project, showing how problems can be presented in a way which does not prejudice the ultimate outcome of the project. It shows the reader how to identify the weaknesses of a project and make improvements, set assumptions, anticipate and prepare for various eventualities. It further shows how to test the sensitivity of the development as to changes in the original assumptions and business environment, convince prospective investors, venture capitalists, banks, management, stockholders, and government agencies of the relative value or prospects for success of the project. Finally the book explains the vital parts of a project development process and show how the pieces are assembled so they perform together to create a technical and economically feasible concept, thus evaluating the project?s potential for success.

Offering the reader a step by step guide on how to prepare a feasibility study for a large infrastructure project, this book will be of great interest to engineers, architects, lenders, solicitors, construction project managers, lead developers, investors, governmental planning agencies, stakeholders, and construction bond underwriters as well as construction students.

1. The Project Development Process and the Feasibility Study 2. Political and Social Factors 3. The Financial Feasibility Study 4. The Market Feasibility Study 5. The Technical Feasibility Study 6. The Environmental Feasibility Study 7. The Scheduling Feasibility Study 8. The Operational Feasibility Study 9. Final Evaluation of the Large Infrastructure Project Feasibility Study

Dr Michael Kulwin is the Director of Kulwin Consulting and has been providing consultant services to the construction industry internationally since 1984. He is a trained economist and also holds the additional degree of Juris Doctor. He is an accredited mediator, arbitrator and dispute board member and has been a leader in the field of feasibility studies providing project analysis, feasibility analysis and economic direction to individuals, companies, governments, lenders and insurers for over 25 years.