Feasibility Study

A feasibility study serves as an evaluation of the practicality of an idea, with a specific emphasis on assisting in the decision-making process of whether or not to proceed with a project. While feasibility studies can be applied in various contexts, they primarily concentrate on proposed businesses and groundbreaking technology.

The main objective of conducting a feasibility study is to identify the most optimal solution for your project while minimizing costs. Additionally, it is crucial to determine the project’s scope and establish a budget to secure funding.

This is where our team excels. When conducting a feasibility study, our team focuses on the following key areas:

  1. Market Conditions
  2. Technical and Organizational Requirements
  3. Financial Overview At MIT, we have the expertise to assemble a specialized team for your project, comprising highly skilled individuals who utilize innovative techniques while maintaining a realistic perspective of the overall objectives. Our aim is to maximize your investment and ensure the success of your project.