the project feasibility and economic viability analysis of a ppp should be as thorough as that of any other major public investment project. the economic costs of the project are not the same as its financial costs—externalities and environmental impacts should be considered. the economic benefits are a measure of the value the project will deliver to society as a whole.
stakeholder engagement is a valuable tool for assessing the viability of a project and identifying risks. stakeholder engagement should be initiated as early as possible in the project cycle. as soon as disclosure on the project begins, the window for misinformation and rumors opens. as policy makers and project developers gradually enhance their understanding of the risks posed by climate change, practitioners should be able to design the contractual obligations of private investors and adequate contract management mechanisms.
m3 will work with clients during early stages of a project to help them make key decisions regarding future work, including which processes and designs make the most sense, and will recommend which additional studies to perform as well as which efforts would provide the most long-term benefit. during the pre-feasibility stages of a project, we provide engineering assistance and other guidance based on our years of expertise. our collaborative efforts with the client and consultants will typically culminate in a final report issued to the project owner.
we approach feasibility studies with one goal: technical and commercial accuracy provided in a timely fashion. they typically fall into these categories: our technical writers ensure that the resulting technical report complies with industry standards for readability, format, and presentation. one of the most common types of public report for the mining industry is governed by canadian national instrument 43-101. these technical reports disclose key information pertinent to those investing in mining projects. certified persons within our company provide professional opinions and serve as authors on the same subjects as we address in ni 43-101 technical reports.
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