Best professionals offering feasibility studies services in Siaya

Feasibility Studies in Siaya

Description

Feasibility studies are professional assessments used to determine the viability of a project or business idea. They involve evaluating the potential risks, costs, and benefits associated with a project.

Professional Requirements

Professionals who conduct feasibility studies typically have a background in fields such as engineering, economics, or business. They should have strong analytical and problem-solving skills, as well as the ability to communicate complex ideas effectively.

Accreditations and Certifications

While not always required, certifications such as the Certified Management Consultant (CMC) or the Certified Business Analyst Professional (CBAP) can demonstrate a professional's expertise in conducting feasibility studies.

Choosing a Service Provider

When selecting a service provider for a feasibility study, consider their experience, qualifications, and track record of success. Ask questions such as:

• What methodology will you use to conduct the feasibility study?
• How will you identify and mitigate potential risks?
• What are the expected outcomes of the study, and how will they be presented?

References

For more information on feasibility studies, consider consulting the following resources:

• International Project Management Association (IPMA)
• Project Management Institute (PMI)

Prices

The cost of a feasibility study can vary widely depending on the scope and complexity of the project. In Siaya, Kenya, the average daily fee for a feasibility study can range from KES 10,000 to KES 50,000. In Nairobi, the average daily fee can range from KES 20,000 to KES 100,000, while in Mombasa, the average daily fee can range from KES 15,000 to KES 75,000.

Requesting a Quote

When requesting a quote for a feasibility study, be sure to provide clear and concise information about the scope and objectives of the project. This will enable service providers to provide a more accurate estimate of the costs and timeframe involved.

Charges for Feasibility Studies Freelancers

The average daily fee for experienced freelancers is KES 20,000.

The fee varies depending on the city in which they are located. For instance, the average daily fee for a feasibility study in Nairobi is KES 30,000, while in Mombasa it is KES 25,000 or in Siaya it is KES 15,000.