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Project Appraisal

In recognition of good internal procedures, or to meet the requirement of funding bodies, many agencies undertake detailed project appraisals to support decision-making.

As necessary, the appraisal may cover:

  • market feasibility - can the need for the project be soundly established and potential users identified and quantified?
  • financial feasibility - what are the costs of the project and will the prospective revenue flows enable it to be sustainable?
  • economic appraisal - what will the benefits be and can they justify the resources required?
  • option appraisal - will different configurations of the project produce a result that is more effective or represents better value-for-money?

From its core resources and through its network of specialists, Fraser Associates can deliver skills and experience to appraise a wide range of physical and soft projects, including:

  • strategic sites and developments.
  • technology infrastructures.
  • transport infrastructures and services.
  • tourism attractions.
  • business development interventions.

The experience of our team in project appraisal includes:

  • guidance on project appraisal and funding eligibility: ONE NorthEast.
  • Scottish Semiconductor Technology and Innovation Centre: Scottish Enterprise.
  • International Centre for Life: project development and funding appraisal: TWDC.
  • Forth and Clyde Canal Reinstatement (Millennium Link): Appraisal of Economic Impacts: British Waterways.
  • Stirling Further Education Centre: PFI and ERDF Project Financing: Falkirk College.
  • appraisal of competing business infrastructure proposals: Government Office for the North East.
  • Re-Direct adult guidance gateway feasibility study, Renfrewshire Enterprise.