Feasibility Studies and Data Analysis
The larger the project the more it becomes necessary to perform an effective feasibility study to achieve progression, efficiency and the right direction for the future, remember the best course of action can sometimes be to do nothing because you already have the most efficient process. Scope of your project will be used to define current status, is this a problem and/or the possible opportunity.
Current status analysis is used to determine and understand current methods of implementation. Requirements will be defined and depend on the object of the project’s attention.
Our approach represents the recommended solution or course of action to satisfy the requirements and effective evaluation examines the cost effectiveness of the approach selected.
Review that all of the preceding elements are then assembled into a Feasibility Study and a formal review is conducted with all parties involved.
In effect a Feasibility Study is more is a thought process as opposed to a bureaucratic process.
As an example, it is a similar process we follow when making a large purchase such as a property or a vehicle.
Our feasibility studies represent a common sense approach to planning.
GMR are currently commissioning three feasibility studies into Energy Storage on a three acre site, waste to energy and the provision of an appropriate EV charging infrastructure in the local area.
