The development of a projects usually starts with a feasibility study, that has to accurately yet rapidly address the issues of an early phase of an investment opportunity.

The Feasibility (or pre-feasibility) Study analyzes the technical, economical and market aspects of an opportunity:

• conceptual design
• technology
• investments
• project execution plan
• operation and maintenance
• feedstock and product markets
• contractual and administrative structuring
• cash flow
• financing
• risks
• environmental impact
• permits.

In the early phases of development it is particularly important to ensure proper communication of the project scope and objectives to all the involved parties and to those parties that may influence the positive outcome of the project.