V.ADVISORYDr. Hasan Aljabur’s advisory platform
EXECUTIVE BRIEF · 03Project Economics

Feasibility before commitment: protecting project decisions from untested optimism

A framework connecting market demand, cost, revenue, technical requirements and risk into one decision before land purchase, design freeze or contract award.

Dr. Hasan Talib Qasim AljaburSeptember 20266 min read
Executive thesis

A feasibility study is not a single return figure. It is a structured test of the assumptions that can change the entire project decision.

SHARE THE BRIEFPut this brief in front of the right decision-maker
WhatsAppLinkedIn
01

Start with the right question

Before building spreadsheets, define the decision: should the project proceed, at what scale, in which location, in which phase, and what is the alternative if the main market assumption fails?

  • The need the project solves
  • The real customer or beneficiary
  • Available alternatives
  • Decision boundaries and timing
02

The market is more than a growth rate

Real demand is built from customer behaviour, ability to pay, competition, channels and speed to market—not from one sector growth figure.

  • Customer segments and verifiable demand
  • Acceptable price and acquisition cost
  • Competitors and indirect substitutes
  • Downside, base and upside scenarios
03

Technical and economic choices are one decision

Every increase in area, specification or technical complexity must be translated into capital, operating, schedule, revenue and risk effects. Separating design from economics can produce an attractive but unsustainable project.

  • Capital and operating cost
  • Constructability and procurement
  • Phased capacity
  • Cost of delay and change
04

A conditional decision, not an absolute recommendation

The strongest professional recommendation defines success conditions, risk limits, stop points and review gates rather than a simple yes or no detached from delivery reality.

  • Maximum acceptable cost
  • Minimum demand or occupancy
  • Critical procurement or launch date
  • Review gates before each major commitment
DECISION NOTE

The decision to take now

The real value of feasibility is preventing a poor commitment early—or reshaping the concept before it becomes an irreversible sunk cost.

Supporting international references

This brief presents Dr. Hasan Aljabur’s independent professional perspective, informed by the following international frameworks.

  1. World Bank — Public Investment Management Reference Guide ↗
  2. OECD Recommendation on the Governance of Infrastructure ↗
READER DIALOGUE

Discuss the idea and share your view

Every visitor may comment. Submissions are reviewed before publication to maintain a professional dialogue and protect contributor information.

Write a comment ↗
◆
Authentic feedback only

Feedback appears here only after verification, the contributor’s consent and office review—never with invented names or quotes.

Share your experience ↗
Dr. Hasan Talib Qasim Aljabur
AUTHOR & ADVISOR

Dr. Hasan Talib Qasim Aljabur

An independent engineering, economic and development advisor connecting field experience, executive leadership, feasibility, project governance and urban planning through decision briefs and trackable delivery paths.