Feasibility Studies

A feasibility study is crucial to starting a new business or initiative. It can also be the difference between success and failure when identifying a new opportunity for an existing business.

Our feasibility studies define the new project, product or service and then assess its viability. We analyse the proposed initiative in terms of expected performance objectives and provide a guide to implementation. If the feasibility study is accepted, we then normally move to the business planning stage.

For example:

  • we assessed the feasibility of establishing a national consortium for marketing e-learning products internationally, market-driven e-VET.
  • we undertook an analysis of the sustainability of the Gwydir Learning Region, for BVET in 2006
  • we analysed the possibility of establishing a learning centre in Wellington NSW, for BVET in 2008.

A recent example is as follows: in October 2009 JMA facilitated a workshop for the Inner West Cluster of Community Colleges in NSW, on the feasibility of it developing a joint venture vehicle or other form of strategic alliance.