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Project feasibility

When a site has been identified as surplus and estate owners have considered their objectives, including whether Homes for NHS Staff should be provided, it may be appropriate to commission an options appraisal.

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The feasibility of a development project is determined by weighing up its risks and benefits, with a view to realising the identified outcomes required. The aim of this analysis is to evaluate the desirability, viability and feasibility of the development. This brings together stakeholder willingness to buy in to the project, the financial practicality and sustainability of the scheme, and the extent to which implementation of an option is possible.