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Explain feasibility study detail with suitable example?
A feasibility study is an evaluation and analysis of the potential of the proposed project which is based on extensive investigation and research to give full comfort to the decisions makers.
Why is feasibility study important for system design?
Why is feasibility study important for system design?Read more: Why_is_feasibility_study_important_for_system_design
Differentiate between a Feasibility study and a viability study?
The difference between feasibility study and a viability study is in what they determine. Feasibility study looks at the practicability of the business while viability studies look at how well a business can stand risks and survive.
What is the meaning of socio-economic study in feasibility study?
The meaning of socio-economic study in feasibility study refers to the financial viability of a given business establishment.
Why is major and basic assumption is very important in preparation of the feasibility study?
wy is the major and basic assumptions very important in the preparation of the feasibility study?
Explain feasibility study detail with suitable example?
A feasibility study is an evaluation and analysis of the potential of the proposed project which is based on extensive investigation and research to give full comfort to the decisions makers.
Feasibility study in management information system?
A feasibility study is an evaluation and analysis of the potential of the proposed project which is based on extensive investigation and research to give full comfort to the decision makers.
What are the content of the feasibility study?
The feasibility study contents are: market analysis and the scope of the project; social and environment feasibility; technical feasibility; risk studies; preliminary cost assessment; the financial analysis; economic feasibility and project implementation outline. These help in the process of decision making of the proposed project.
Why is feasibility study important for system design?
Why is feasibility study important for system design?Read more: Why_is_feasibility_study_important_for_system_design
What considerations are involved in feasibility study in system analysis and design which consideration do you think most crucial and why?
There are three considerations in feasibility analysis :- 1). Economic Feasibility 2). Technical Feasibility 3). Behavioral Feasibility And I think that behavioral feasibility is most important because the introduction of new candidate system requires a special effort to educate, sell, and train the staff on new ways of conducting business.
Stages of system analysis?
The stages of system analysis are scope definition, problem analysis, requirements analysis, logical design and decision analysis. System analysis is defined as the study of sets of a system to find ways of improving its efficiency.
3 stages of system lifecycle of computers?
-Fact finding. -A feasibility study. -An analysis phase. -System design. -Implementation. -Testing. -Documentation. -Evaluation.
Feasibility study on computerized library management system?
cultural and political feasibility of library management system.
What is the general objectives of the feasibility study?
Feasibility is the study of whether or not a project is worth doing. The process followed in making this determination is called a feasibility study. The main objective of the feasibility study is to prepare 1) Project Specification 2) Cost Benefit Analysis 3) Prepare Feasibility Report. The project specification has all the information about the project which is more like a guideline for the project. It gives a great insight to the management about the kind of investment involved for undertaking a project along with the manpower, hardware, software and other factors. Cost Benefit analysis is a method to identify the gross benefit involved in the development and implementation of a new system. Basically, it tells the organization whether they are economically prepared for the project. Feasibility Report contains various feasibility studies like:- Technical Feasibility Economic Feasibility Operational Feasibility Social Feasibility Time Feasibility Management Feasibility And Legal Feasibility.
Why Feasibility Study is important in System Development?
feasibility is the measure of how much a new solution
Feasibility study of library management system?
fesability study for library management system
Components of feasibility study?
The feasibility study has 2 components:1. Feasibility Study Request2. Feasibility Study Report
