The importance of investment feasibility analysis
Abstract
Purpose
The purpose of this paper is to look at the importance of investment feasibility analysis.
Design/methodology/approach
The paper addresses the question of whether a planned course of action is likely to achieve individual or enterprise objectives, given the available resources and specific constraints. Key issues are the legal, physical, and financial feasibility of a project proposal. Feasibility typically addresses the issue of the most appropriate use for a particular site, the most appropriate site for a predetermined use, or the most appropriate outlet for investment funds.
Findings
Even though changes in the economy have increased risk or lowered returns, the investment market continues to devise innovative and attractive investment strategies and the determined investor keeps searching for profitable projects.
Originality/value
The paper gives investment principles that should be taken into consideration and will be of interest to those in a similar field.
Keywords
Citation
Oprea, A. (2010), "The importance of investment feasibility analysis", Journal of Property Investment & Finance, Vol. 28 No. 1, pp. 58-61. https://doi.org/10.1108/14635781011020038
Publisher
:Emerald Group Publishing Limited
Copyright © 2010, Emerald Group Publishing Limited