A feasibility study is a comprehensive analytical and evaluative process for a proposed project, aimed at determining the viability and potential success of the project. The feasibility study is conducted before the actual implementation of the project and includes various aspects such as market analysis, marketing feasibility, operational feasibility, and financial feasibility.
Includes ministries, government agencies and institutions.
Includes businesses, both family and public, and non-profit institutions.
It includes employees, beneficiaries, customers, and suppliers.
A feasibility study helps reduce the risks associated with investing in new projects. By identifying potential opportunities and challenges, investors can make informed decisions.
Thanks to the comprehensive vision provided by the feasibility study, investors can determine the best ways to exploit the resources they have available. This contributes to achieving maximum efficiency in the use of funds and human resources.
The study enables strategic decisions to be formed on the basis of accurate and reliable information, ensuring that the project is directed in the right direction from the beginning.
Enables estimation of expected costs and potential profits, which helps determine the financial viability of the project and promotes making informed financial decisions.
A feasibility study helps reduce the risks associated with investing in new projects. By identifying potential opportunities and challenges, investors can make informed decisions.
Thanks to the comprehensive vision provided by the feasibility study, investors can determine the best ways to exploit the resources they have available. This contributes to achieving maximum efficiency in the use of funds and human resources.
The study enables strategic decisions to be formed on the basis of accurate and reliable information, ensuring that the project is directed in the right direction from the beginning.
Enables estimation of expected costs and potential profits, which helps determine the financial viability of the project and promotes making informed financial decisions.
Good feasibility studies promote sustainable business development and projects. Through feasibility analysis, investors can distinguish opportunities that are worth implementing, thus achieving the Kingdom’s Vision 2030, which aims to transform the Saudi economy into a diversified and sustainable economy.
The feasibility study helps provide accurate and objective information to investors. Through it they can make informed investment decisions, whether it is establishing a new project or expanding an existing one.
By providing accurate estimates of expected costs and revenues, investors can better prioritize and plan resource use.