Feasibility / Viability Studies
Trident can play a crucial role in the viability of your proposed project, providing alternative solutions if necessary. The assessments that we conduct shape the project brief and inform your whole project strategy.
Trident often produces financial viability assessments where planning applications are being progressed. We can predict the economic success of your project, using detailed appraisals and bespoke planning applications.
In addition to this, we also work with developers, local authorities and valuation surveyors using residual appraisal methods whilst following the RICS Professional Guidance Notes.
The cost of construction can have a huge influence on a development’s potential. Our detailed analysis considers financial factors including abnormal costs, tender price and inflation. Besides providing cost estimates to inform appraisals, we also look at estimates prepared by others.
The success of our financial viability assessments is the result of:
- Professional judgement and sensitivity testing, which ensures a consistent approach and assessment.
- An understanding that competitive markets mean that you may have to make quick decisions. Our benchmarking cost data facilitates fast and reliable early stage cost modelling.
- Insight into many stakeholder views. Working with clients from private and public sectors gives us awareness of all parties’ priorities during a project.
Our feasibility studies will reassure you that your project is financially sound, based on our comprehensive yet efficient assessment.