Key Responsibilities and Required Skills for Feasibility Consultant
💰 $95,000 - $160,000
🎯 Role Definition
This role requires a highly analytical and experienced Feasibility Consultant to join our dynamic team. In this pivotal role, you will be the cornerstone of our strategic decision-making process, responsible for evaluating the viability of new business ventures, projects, and investments. You will conduct comprehensive, multi-faceted analyses—spanning financial, market, technical, and operational domains—to produce robust feasibility studies. Your insights and data-driven recommendations will empower senior leadership to make informed, strategic choices, mitigate risks, and capitalize on the most promising opportunities. The ideal candidate is a strategic thinker with a strong financial acumen and an exceptional ability to translate complex data into clear, actionable business cases.
📈 Career Progression
Typical Career Path
Entry Point From:
- Business Analyst / Senior Business Analyst
- Financial Analyst / Corporate Finance Analyst
- Market Research Analyst
- Junior Project Manager
Advancement To:
- Senior Feasibility Consultant / Principal Consultant
- Strategic Project Manager
- Director of Strategy & Business Development
- Head of Corporate Planning
Lateral Moves:
- Senior Product Manager
- Corporate Strategist
- Investment Analyst
Core Responsibilities
Primary Functions
- Conduct comprehensive market research and analysis to determine market size, competitive landscape, consumer trends, and potential demand for proposed projects.
- Develop sophisticated and detailed financial models, including cash flow projections, Net Present Value (NPV), Internal Rate of Return (IRR), and payback period analysis to assess financial viability.
- Perform thorough risk identification and assessment, evaluating potential technical, operational, financial, and market risks, and developing robust mitigation strategies.
- Author and prepare comprehensive, data-driven feasibility study reports and business cases that present clear findings and actionable recommendations for executive review.
- Lead and facilitate stakeholder engagement sessions, including workshops and interviews with clients, subject matter experts, and internal teams to gather critical data and validate assumptions.
- Analyze the technical feasibility of proposed initiatives by evaluating existing infrastructure, required technology, and resource capabilities against project requirements.
- Evaluate the legal, environmental, and regulatory landscape to ensure proposed projects are compliant with all local, national, and international standards.
- Develop detailed operational plans that outline the necessary resources, key processes, and timelines required for the successful implementation of the project post-approval.
- Create and deliver compelling, high-impact presentations to senior management, investment committees, and clients to clearly articulate project value propositions, risks, and strategic alignment.
- Perform sensitivity and scenario analysis to stress-test financial models and understand the potential impact of various economic and market conditions on project outcomes.
- Define and document the project scope, key objectives, and specific deliverables in close collaboration with project sponsors and key stakeholders.
- Conduct comparative analysis of alternative solutions, business models, or strategic approaches to identify the most effective and efficient path forward.
- Perform due diligence activities, including site selection analysis, partner vetting, and asset valuation for infrastructure, real estate, or M&A-related projects.
- Quantify the potential economic, social, and environmental impacts of proposed projects to provide a holistic view for decision-makers.
- Benchmark proposed project metrics, financial assumptions, and performance indicators against industry best practices and established standards.
Secondary Functions
- Provide strategic advisory support to clients and internal leadership based on feasibility findings to guide go/no-go decisions.
- Collaborate with cross-functional teams including engineering, finance, legal, and marketing to ensure a holistic and integrated assessment process.
- Support business development efforts by contributing expert analysis and content for proposals and client pitches related to feasibility engagements.
- Develop and maintain a repository of best practices, analytical tools, and standardized templates to enhance the efficiency and quality of the feasibility study process.
- Mentor junior analysts and contribute to the team's professional development by sharing knowledge and expertise in feasibility analysis.
- Stay current with industry trends, emerging technologies, and macroeconomic factors that could impact future projects and strategic opportunities.
Required Skills & Competencies
Hard Skills (Technical)
- Advanced Financial Modeling: Expertise in building complex, dynamic financial models from scratch using MS Excel, including pro-formas, DCF, ROI, and sensitivity analysis.
- Market Research & Analysis: Proven ability to conduct primary and secondary market research, analyze market data, and derive actionable insights.
- Business Case Development: Mastery in structuring, writing, and presenting compelling and comprehensive business cases and feasibility reports.
- Data Analysis & Visualization: Proficiency with tools like Tableau, Power BI, or similar software to analyze and present complex data sets effectively.
- Risk Assessment Methodologies: Strong understanding of qualitative and quantitative risk analysis techniques (e.g., Monte Carlo simulations).
- Project Management Principles: Knowledge of project management frameworks (e.g., PMP, PRINCE2, Agile) to manage the feasibility study lifecycle.
- Statistical Analysis: Competency in using statistical software (like SPSS, R, or Python libraries) for data analysis is a strong plus.
Soft Skills
- Analytical & Critical Thinking: Superior ability to deconstruct complex problems, question assumptions, and apply logical reasoning to reach well-founded conclusions.
- Exceptional Communication: Elite written and verbal communication skills, with the ability to articulate complex concepts clearly and persuasively to diverse audiences.
- Stakeholder Management: Adept at building rapport, managing expectations, and influencing senior executives, clients, and cross-functional partners.
- Strategic Mindset: Ability to see the bigger picture, understand how individual projects align with overarching business goals, and provide strategic recommendations.
- Meticulous Attention to Detail: A sharp eye for accuracy in financial models, data, and written reports is absolutely essential.
- Problem-Solving: Proactive and resourceful in identifying challenges, evaluating alternative solutions, and overcoming obstacles.
Education & Experience
Educational Background
Minimum Education:
- Bachelor's Degree in a relevant field.
Preferred Education:
- Master of Business Administration (MBA) or a Master's degree in Finance, Economics, or a related quantitative field.
Relevant Fields of Study:
- Business Administration
- Finance / Accounting
- Economics
- Engineering
- Urban Planning / Real Estate Development
Experience Requirements
Typical Experience Range:
- 5-10 years of professional experience in management consulting, corporate finance, business analysis, or a dedicated strategy/planning role.
Preferred:
- Direct experience conducting and delivering multiple end-to-end feasibility studies for large-scale projects.
- Experience within a top-tier consulting firm or in a relevant industry such as Real Estate, Energy, Technology, or Infrastructure.