The feasibility study is an important tool for a successful event architecture. Very often, a project’s technical feasibility is not considered during the initiation phase. There is frequently an assumption that somehow or other the project will run as planned.
Technology is a very wide field, shaped by constant innovation and advances, which is why specialists are needed who are always up to date with all the latest developments, can organise professional feasibility studies, and are able to implement the technical infrastructure.
Planning mistakes and technical obstacles that have been overlooked put the project’s success at risk, which can in turn lead to the project not achieving its goals in the way that was sold to stakeholders at the start. Additional costs and substantial additional effort are not uncommon as a result.
The aim of a feasibility study is to provide a basis for decision-making regarding a project’s viability and to warn specifically against projects whose failure is foreseeable from the outset. Risks and opportunities can thus be identified in detail in the early strategic project planning, guaranteeing you maximum planning security. We prepare those feasibility studies working together with you, using structured, proven processes. You receive a detailed report on the project’s feasibility, giving you the perfect basis for decision-making on the following points:
- Organisational implementation
- Financial feasibility analysis
- Technical feasibility analysis
- Resources and availability
- Schedule for implementation
- Legal implementation