Pre-Feasibility Studies are an early stage analysis of a potential project. They are designed to give entrepreneurs and company stakeholders the basic information they need to approve the project or choose between potential investments. These studies typically give an overview of information deemed important to the decision-making process.

Pre-Feasibility studies act as one of the first explorations of a potential investment. Companies use these studies to collect information before investing millions of dollars into tasks like acquiring permits or research equipment, while entrepreneurs may use them before dedicating their whole life savings to the new venture.

VAMA Consulting Group consultants can help you develop a comprehensive pre-feasibility study and decide whether to proceed with an idea, go back to the drawing board, or abandon the potential project altogether.