Feasibility studies are often thought of as a necessary evil during a project’s pre-design phase—something a project must include, but that doesn’t provide much value. In reality, well-executed feasibility studies are extremely useful tools; these plans are essential to the cycle of discovery and decision making.
They are critical in launching a project and setting a well-informed project scope, budget, and schedule. Consider, for example, that it is much more effective from both a planning and cost perspective to make changes with a pencil than a sledgehammer. The issue is that sometimes people don’t know the right questions to ask—and simply don’t ask enough. To gain as much as possible from a feasibility study, you need to articulate what you’re trying to learn and how you define success at the end of the process.
The project ‘hypotheses’ should seek to identify feasible options and understand how viable they are. Often the variables involved include the level of work and program of spaces. B&D’s large K–12 programs typically provide this clarity through:
It is important to clarify at the outset of a feasibility study the decision-making and engagement process for stakeholder and community input. For one, because the team needs to understand the level of effort involved and the impact to the schedule—but most importantly because the team needs to ensure expectations are managed about what type of input is needed and how it will be used.
To get the most out of feasibility studies, focus on developing procurement strategies that bring the “A team” to the table to discover the necessary issues to solve. This may mean: