Page 69 - BASIC GUIDELINE FOR QS

Professional Practice: Guideline for Quantity Surveyor Chapter 2

2.6.3 Feasibility Study

A feasibility study is a follow up procedure to a business idea, dream or vision for a
development project to gauge its viability. In essence, a feasibility study at the inception
of a project helps clients to decide on a ‘go / no-go’ decision.

A thorough and comprehensive feasibility study involves

 Market research
 Data collection

 Preliminary Site Investigation
 Checking with authority requirements

 SWOT study (Strengths, Weakness, Opportunities and Threats)
 Architectural and Urban design, schematic sketches, preliminaries
engineering studies (geotechnical, infrastructures, traffic, transportation,

C&S, M&E)
 Budget, Return on Investment (ROI), Cash Flow

 Schedule (Time-scale planning, project duration

During this stage, architect starts by gaining an understanding of the Client’s objectives

and by providing the expertise to allow the Client to define more precisely what is
needed and how it can be achieved.

2.6.4 Design
Concept

 Implementation of Design Brief and preparation of additional data.
 Preparation of Concept Design including outline proposals for structural and

building services systems, outline specifications and preliminary cost plan.
 Review of procurement route.

Design Development
 Development of concept design to include structural and building services

systems,
 Updated outline specifications and cost plan.

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