FAQ

Tri Innovations’ feasibility studies span all of our focus sectors including energy, renewables, transportation, and agricultural services. Each study is tailored to the unique challenges and opportunities of the sector in question, leveraging our team’s extensive industry expertise to provide in-depth insights.

A feasibility study is an analysis used to assess the practicality and viability of a proposed project. This helps stakeholders understand the potential risks and rewards involved before they make the decision to commit significant resources.

Typically, our feasibility studies are conducted within a 4-8 week timeframe, depending on the project’s scope and specific requirements.

We understand the importance of delivering feasibility insights promptly to aid in the decision-making process. It’s worth noting that more comprehensive studies involving a higher level of detail may extend beyond this timeframe.

Our goal is to balance thoroughness with efficiency to provide you with a realistic timeline for planning your project’s next steps.

The cost of a feasibility study is highly dependent on the project’s specifics, including its complexity and the depth of analysis required. Our studies are designed to be cost-effective, providing clients with realistic and detailed insights for their investment. Many of our feasibility studies are completed for under $20,000, offering a valuable tool for preliminary assessment at a reasonable expense.