Business case and feasibility studies

Does your case make commercial, financial and strategic sense? Is it achievable at a cost that delivers the necessary investment return?  
Industrial project team reviewing digital models and feasibility data on large screens in a modern workspace, symbolizing strategic planning and investment analysis.

The project viability analysis, business case and industrial feasibility study ensure you have the information you need to answer these questions and identify the optimal route forward. Haskoning brings key benefits by combining proven technical expertise with financial and strategic consultancy.

What is involved in the business case and feasibility study?

This phase is practical and strategic, assessing the viability of your scheme and whether a market exists. It starts with project definition, a 360-degree examination of all possibilities and opportunities to ensure nothing is missed. With the project defined, the study drills into expected levels of demand, the technical solutions required, and risks involved. There may also be a strong technological component. Extending beyond financial and economic analysis, the business case seeks to understand opportunities and threats as well as whether the plans are strategically aligned with your organisation. A range of scenarios and ‘what if’ questions can be explored which draw on financial and simulation modelling.

You’ll get answers to whether your project is technically and commercially feasible and whether it can be implemented within cost parameters. Market studies and due diligence may also be carried out during this phase.

Why your industrial project needs a business case and feasibility study?

A well-defined project improves the project outcome, ensuring you get value for money, increased efficiency and a future-proof solution. It sets the direction for optimising capex and opex, improving efficiency and driving investment returns. Without clear definition, subsequent steps such as finance, design, and digital tooling can be adversely affected. 

Once the project has been defined, the assessments made in respect of the strategic, technical and financial viability of your plans guide and inform your future decisions. We ensure we identify key constraints, opportunities and interdependencies by considering the full eco-system. It is a multi-faceted approach which extends well beyond financial considerations.

The result is a more robust, competitive business model which secures your bottom line, builds in resilience and paves the way for sustainable growth. 

Steven Tsirakos

It is a multi-faceted approach which extends well beyond financial considerations. The result is a more robust, competitive business model which secures your bottom line, builds in resilience and paves the way for sustainable growth.

Steven TsirakosAssociate Director & Global Business Development Manager - Industry
Engineer and consultant discussing a site plan with overlayed sustainability and cost-efficiency metrics, representing integrated technical and financial consultancy.

There are broader benefits too. A robust business case analysis supports your communications with stakeholders, reassures investors (internal and external), and informs smart decisions. The gap analysis and structured project viability analysis focus attention on minimising and mitigating risks, whether financial, operational, strategic or market -related. The business case provides a useful benchmark to assess project performance by comparing expected and actual outcomes. 

We also offer independent third-party verification of investment projects to ensure nothing has been overlooked and that assumptions and estimates are realistic. Our project feasibility analysis and quality assurance checks are particularly useful where clients are scaling up processes or establishing operations in new regions. 
 

Maximise your industrial business value with Haskoning’s business case expertise

Make good choices for faster project turnaround
Time spent on planning and definition supports quicker project delivery. We take a broad perspective to avoid potential obstacles and identify opportunities to streamline operations, optimise supply chain and logistics, minimise waste, and source more affordable materials. 
Reduce risk and maximise opportunities with an experienced partner

Take out uncertainty when you are embarking on a new venture. We have a track record working on projects across the globe and within wide-ranging industries. We bring practical knowledge and experience whether you are scaling up production, introducing new technologies or establishing operations in new markets. 

Reduce costs through consultancy combined with deep technical expertise
Our business case consultancy seamlessly integrates technical and financial elements to provide a competitive edge. We can quickly propose and consider alternative and innovative approaches. 

When a textile giant asked us to explore how to address future challenges, our business case identified a solution which reduced capex by €33 million and saved €3.5 million in annual operating costs.
 
Digital technologies and simulation support smart investment choices
A tailored approach using digital tools, generative AI and deep experience delivers rapid, fit-for-purpose solutions. Advanced modelling derisks plans and supports informed decision making. It is ideal for smoothly integrating a new asset, production line or automation into a brownfield development.
Incorporate sustainability to improve compliance and positioning
Build in sustainability from the start of your project to efficiently reduce your product footprint, comply with tightening regulatory environments, and protect against future scarcity of resources. 

Discover our services

Investment planning
Financial modelling
Value chain modelling
Master planning
Risk & opportunity management
Project management

We work with you to find the best value solution, delivering results, production efficiencies and even sourcing strategies which may be very different to expectations.

Way of working

Step 1
number one earth green

Business case & feasibility

Investment planning, financial modelling, value chain modelling, master planning, risk & opportunity and project management
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Step 2
two earth green

Concept development

Master planning, conceptual design, cost engineering and project management
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Step 3
three earth green

Engineering

Engineering, Cost engineering & project management: integrated basic and detailed design

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Step 4
four earth green

Execute & build

Procurement, cost & schedule monitoring, tender, construction & project management, HSE & contractor supervision, owner's engineering, handover

 

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Step 5
five earth green

Operations & maintenance

Asset management, data monitoring and project management
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Why clients work with Haskoning?

At Haskoning, we aim to 'Enhance Society Together' with our clients. By working closely with your team as an extension of your organization, we gain a deep understanding of your specific goals and priorities. This ensures that our solutions are meticulously tailored to your business needs and challenges.

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Blog

Smart growth starts with a solid business case

A strong business case is the foundation for sustainable growth. Learn how feasibility studies go beyond the numbers and how digital tools support confident investment decisions in this expert blog.

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Steven Tsirakos - Associate Director & Global Business Development Manager - Industry

StevenTsirakos

Associate Director & Global Business Development Manager - Industry