Home » Facilities » Facility resources » Feasibility Study Guide

Feasibility Study Guide

This guide provides practical assistance in undertaking a feasibility study for a proposed sport and recreation facility.

Related topics: None

Download this document

Adobe PDF
1.37 MB

Feasibility Study GuideA successful sport or recreation facility is the result of thorough planning. Without adequate planning, the facility will probably fail – fail to meet the current and future needs of the community, fail to meet financial goals or fail to be managed effectively.

A feasibility study should critically assess a proposal to build a facility, and enable the client (the owner) to make an informed decision about whether to proceed with the proposed project.

It should consider all the alternatives within the scope of an identified need in order to establish the most effective investment of funds. It should analyse the social and financial impacts of the proposal and identify the risks involved by studying:

  • the marketplace;
  • usage and management issues;
  • the facility components;
  • location options;
  • financial viability.
 
Other related pages Where would you like to go next?