The difference between the financial feasibility study and the market evaluation, there is a big difference between the two terms as each has its own function that helps the success of the project, in particular, so we cannot underestimate the efficiency of one of them, as they work complementary to one goal, but there is a wide difference in the approach as one of them is For the current value and the other for what can be in the property or is supposed to obtain the highest and best use, so in this article, we will talk about the most important points that explain the difference between a financial feasibility study and a market assessment.
The difference between a financial feasibility study and a market assessment
Suppose we are going to create a bank project and we want to apply both cases to that project
The bank’s assessment is the determination of the current value in the context of market conditions based on the virus and recession situation, as it clarifies some important matters that need to be addressed in the report.
As for the feasibility study, it is not concerned with current use but with what may be applicable in the future.
The consultant, in this case, will not be fruitful in and of itself rather the individual must have some specific experience in all areas of development.
The difference between a suitability assessment and a sustainability assessment
The difference between a suitability assessment and a sustainability assessment in a project feasibility study A feasibility study consists of several key points
It greatly helps in the success of this study, as all steps must be implemented and none of them should be ignored
This is because they work in a circular motion, which are rings that complement each other and help in the success of the project when one of the links is lost
This leads to an imbalance and the inability to implement the feasibility study at the same level of feasibility required,
So in this article, we will explain to you what is the difference between a suitability assessment and a sustainability assessment in a project feasibility study.