EC&S Feasibility Studies
One of the most important preliminary steps for companies planning to build or expand facilities and operations is a thorough cost/benefit analysis or feasibility study. EC&S has the resources and experience to understand the scope of a proposed project, identify potential obstacles and risks to completion, formulate viable alternatives and analyze available and needed resources to achieve success.
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, EC&S 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
An EC&S feasibility study is an important tool for mapping out the pitfalls of proceeding with a project versus the potential benefits of improved efficiencies and expanded capacity.
Advantages of EC&S Project Management
After 40+ years in the construction field and completion of numerous complex projects, EC&S 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 EC&S team of experienced professionals provides comprehensive project management services including:
- Project planning
- Feasibility studies
- Cost controls
- Financial management
To see our work, view EC&S projects online. To learn more about comprehensive project management solutions, submit an inquiry or speak with an EC&S representative at 205.833.9900.