Preparation phase involves getting the project ready for the next phase by carrying out a detailed financial, legal & technical study of the project; finalizing the project feasibility study, execution structure & implementation plan; and ensuring that all the required project approvals/(consents) are in place. Work here can pertain to;

• devising pre-feasibility and feasibility studies, research & development work, needs & options analysis, financial modeling, devising project structures & revenue models, carry out technical, legal, policy & regulatory analysis, social and environment assessments, financing & investment plans, risk assessment, structuring and management, devising financing structures & mechanisms, market testing & analysis, project approvals and consents, project implementation models, formulating project service levels & performance indicators, monitoring & reporting mechanisms, etc.