REAL Project Feasibility Analysis

Community Growth Institute’s REAL Project Feasibility Analysis covers all the basic components of a feasibility study that your community is used to:

• Background to properly define the issue at hand,
• A full evaluation of the status quo,
• An outline of project goals and requirements,
• An analysis of alternatives,
• A recommendation on a course of action, and
• Assistance with funding, including assessments.

Plus, in addition to a technical analysis, a REAL Analysis answers critical questions that are overlooked in the standard approach:

• What is the revenue stream associated with the improvement? Will this cover the costs long term?
• What level of development is necessary to justify the expense? Is this a realistic expectation?
• Does the project, as envisioned, meet the land use objectives of the community?
• Are the community’s land use regulations supportive of the project or do they conflict with the development assumptions underlying the project?
• Does the budget of the community properly align with the objectives of the project?

Our small towns are being crushed by the financial burden of infrastructure maintenance. This is not from a lack of money but from a lack of prioritization. When the critical questions above are not addressed, the result is that we continue to build more than we can afford to maintain.

If you are a public official, you need REAL answers and REAL understanding in order to make decisions on critical—and expensive—infrastructure investments. A technical analysis is only half the answer. A REAL analysis involves so much more.

Are you ready to get REAL with capital investment planning?