When evaluating a case in real estate consulting, which of the following is a criterion used for assessment?

Prepare for the ESCP Real Estate Exam. Master key concepts with interactive questions, comprehensive hints, and detailed explanations. Boost your confidence and be exam-ready!

In the context of evaluating a real estate consulting case, the criterion of consistency and feasibility plays a crucial role in assessing any proposed project or investment. Consistency refers to how well the project aligns with overall strategic goals, regulatory requirements, and market conditions. It assesses whether the proposed solutions and actions are in harmony with the existing situation and objectives.

Feasibility, on the other hand, evaluates whether the project can realistically be implemented given the current resources, economic conditions, and potential risks. This includes considerations of financial, technical, and operational viability. Assessing both consistency and feasibility helps consultants ensure that their recommendations not only make sense in theory but can also be effectively executed in practice.

By focusing on this criterion, consultants can better gauge the practical implications of their recommendations, leading to more sustainable and successful outcomes in real estate projects.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy