5 Things You Need to Know About an Elevator Feasibility Study

When planning to install or upgrade an elevator, it is crucial to work with an elevator consultant to conduct a feasibility study. This will help you determine if an elevator is the right solution for your needs and identify any potential problems that could arise during installation or use. In this blog post, we will discuss the importance of an elevator feasibility study and what it entails.

1. What is an Elevator Feasibility Study?

An elevator feasibility study assesses the practicality of a proposed elevator project. It serves as an essential step in the elevator planning process as it considers many factors, such as the building’s layout, load capacity, traffic patterns, code compliance, and construction costs. As a result, it helps to ensure that the proposed elevator project is feasible and will meet the needs of the building’s specific requirements.

2. Who Should Perform an Elevator Feasibility Study?

If you are considering installing an elevator in your building, consult with a qualified elevator consultant, like CBA Elevator Consultants, to determine if an elevator feasibility study is right for your project. They’ll consider the specific needs of the building, its occupants, and any site constraints. This allows an elevator consultant to provide custom-tailored solutions that help you make the most informed decisions.

3. When is it Conducted?

Elevator feasibility studies are typically conducted during the early stages of elevator planning before any design or construction work begins. This allows for any potential problems to be identified and addressed before they become costly issues.

4. What Does it Cover?

When the study is conducted, it covers five main areas to ensure that the elevator project is feasible.

• Technical feasibility: This aspect assesses whether the elevator can be installed in the proposed location and if it meets all safety requirements.
• Operational feasibility: This part of the study looks at how well the elevator will fit into the existing operations of the building.
• Financial feasibility: The financial feasibility assessment determines if the elevator project is financially viable.
• Schedule feasibility: This part of the study assesses whether the elevator can be installed within the proposed timeframe.
• Risk assessment: A risk assessment is conducted to identify any potential risks that could impact the project.

5. Why is it Important?

Determining the factors that will make the proposed elevator project successful is why an elevator feasibility study is conducted. This will allow you to:

• Ensure that an elevator is the right solution for your needs
• Identify any potential problems that could impact the project
• Help make the elevator project more financially viable
• Reduce the risk of problems during installation or use

Schedule a Consultation with CBA Elevator Consultants

Gain a clearer picture of your elevator project with a feasibility study from CBA Elevator Consultants. We have the experience and expertise to evaluate all aspects of a proposed installation. Contact us today!