At SCM, our Project Planning & Feasibility service is designed to provide comprehensive support for companies looking to assess the practicality and viability of their proposed projects. Here’s a detailed overview of our service:
Feasibility Study
Our service includes conducting a thorough feasibility study, which involves an in-depth assessment of the practicality of the proposed plan or project. This study analyzes the viability of the project to determine its likelihood of success. By identifying potential issues and problems that could arise during project execution, we help businesses make informed decisions about the feasibility of their endeavors
Viability Evaluation
We evaluate the proposed plan or project for its practicality and viability, considering factors such as legal, technical, and economic feasibility. This evaluation is crucial for determining the potential success of the project and ensuring that it aligns with the organization's goals and resources
Risk Assessment
Our service includes a comprehensive risk assessment to identify potential obstacles and risks that could impact the successful completion of the project. By understanding and addressing these risks early in the planning phase, we help businesses mitigate potential challenges and optimize project outcomes.
Financial Analysis
We assist in defining the expected costs and projected benefits of the proposed project in detail. Through a detailed cash flow analysis and financial viability assessment, we provide businesses with the necessary insights to make informed decisions about their investment in the project.
Decision Support
Our service aims to provide businesses with the necessary support to make informed decisions about the feasibility of their projects. By offering detailed insights into the potential for success, resource requirements, and potential obstacles, we empower businesses to make strategic and well-informed decisions about their project initiatives
Components of an In-Depth Feasibility Study
Construction or expansion of industrial facilities is often a multi-year, multiphase project that continues through market changes, personnel turnover, and political shifts. To assess whether the increased capacity and additional resources to be gained by a project outweigh possible strains on company finances and manpower, SCM project feasibility study services conducts an in-depth analysis of these factors:> Project scope & limits> Duration of project phases> Risks & obstacles to completion> Availability of adequate funding> Resources for limiting or funding cost overruns> Project constraints (legal, regulatory, & logistical)> Availability of personnel, equipment & supplies> Alternative scenarios> Other commitments that could impact project completion
Why Us?
After years in the construction field and completion of numerous complex projects, SCM has the hands-on experience to take your expansion plans from concept to reality. We are a global company delivering turn-key design and construction solutions for heavy industry. The SCM team of experienced professionals provides comprehensive project management services including:
- Project planning
- Feasibility studies
- Budgeting
- Permitting
- Procurement
- Cost controls
- Documentation
- Financial management
- Communications