How Much Do Feasibility Studies Cost?
The cost of a Feasibility Study depends on the detail of information provided and it depends on the size of the Building Project.
They can range from hundreds of dollars to thousands of dollars. The cost of a Feasibility Study, when compared to the cost of the whole Building Project is a small price to pay, if the Stakeholders needs and requirements are satisfactorily met or even exceeded.
It is far better to investigate all the possibilities before starting Construction, than to try and add on things that weren’t considered beforehand.
Good Planning and thought in the early stages of a Building Project by having a Feasibility Study done, will ensure that all the options are considered and will save considerable amounts of money having to be spent in the later stages, should alterations to the Construction be necessary.
Feasibility Studies should address all the fears, needs, wants and frustrations of all the Stakeholders involved in the Project and by pre-planning, it will actually save you money.
By getting Quantity Surveyors or Estimators on board early for your Building Project, they be able to provide you with advice and preliminary costs based on the sketch drawings or any other available information.
Tell us what type of Building Project you need to get a Feasibility Study done for and we will find suitable Quantity Surveyors or Estimators for you.
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It will save you time, money and effort.