Project Identification TMA2
Project Identification TMA2
Project Identification TMA2
The purpose of this paper is to explore the feasibility study of the Sustainable urban
building Projects. The benefits of preparation of financial feasibility study enable the client to
decide with considerable confidence whether or not the project is feasible and worth pursuing.
The completion of the evaluation and the decision to proceed further with the project is a
significant milestone in the development. The methodology used is a direct observation that
appropriate in this study. Therefore, the research outcome the project proposed for Sustainable
urban building is feasible to continue at Jomo Kenyatta street, Kirkos sub city, Addis Ababa,
Ethiopia.
Market Feasibility
Current Market In Ethiopia, The construction market is highly growing and there are small,
medium and large firm in this market. According to the Global Data, the size
of Ethiopia’s Construction market reached 41$ billion in 2021.
Future Market In the future, It is expected that the market will increase by more than 8% over
2023 – 2026. This indicate a promising future for the construction industry.
Competition There is competition among those firms who are engaged in the current
market.
Business Group
Government
Contractors
Technical Feasibility
Materials Software (design Autho CAD)
Contractor
Labor
These materials also have to be natural (soil, wood, bamboo and others) and
must not be spoilt by cold, heat or humidity.
Area, The area analysis focuses on social, economic, government policy, and
Demographic and
environmental. These elements will influence the performance of proposed
Neighborhood
analysis development in Sustainable urban projects. In-depth information on the
data analysis such as population trends, household growth, household
economics, area economics and area of existing transportation. A
neighborhood analysis is reviewing in the nearby area.
Financial Feasibility
Start Up Capital Expenses Cost
Office Furnished
Design Software
Legal Service
Insurance
Interior Design
Total
Business Partnership
Fund
Grant
Income
Expenses REVENUE=INCOME - EXPENSES
Total Income :
4,100,000 ETB
Organizational Feasibility
An urban design firm's hierarchy begins with junior professionals, then senior designers, then
managers, and finally principals and partners. Within these categories, there are frequently
smaller hierarchies determined by experience and seniority.
Excutive Director
Head Architect/Urban
Designer
Conclusions
Due to the rapid growth of construction, the urban design & construction
firms can make good profits. Hence engaging in such business is
recommended for professionals in the area.