ABSTRACT

A feasibility study incorporates many cost-benefit analyses-analyses of the cost of a project in relation to its potential benefits. For a sport facility, a cost-benefit analysis assesses whether there is likely to be enough demand for events at the new facility and enough corporate support for sponsorship of the facility. Together, these two assessments determine whether there is a market for the project. Additionally, a feasibility study analyzes how to fund a project, where it should be located, its cost, and its scale. It may also include information on the operation of the facility once it is in place or methods to secure a major tenant.