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Q: How do you evaluate feasibility of systems project?
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What is feasibility study and give the ten stages of feasibility study?

It is the study on project feasibility which give you details whether a project can be successful or not, the time the project will take to be completed, and the cost of the project.


Project feasibility study example?

sample of feasibility study


Components of project feasibility?

1. Feasibility Study Request 2. Feasibility Study report


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.


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.


What is the difference between project document and project feasibility report?

I believe you mean the Project Initiation Document (not just Project Document). The feasibility study occurs before initiating the project. The project initiation document assumes that the project is approved, is feasible (on all levels), and aligns with the company strategy (as explained by the feasibility study).


What is time feasibility?

time feasibility it check the given time to complete the project its enough or not


Characteristic of a good feasibility report?

difference between feasibility report and project proposal


What are differences between project report and feasibility report?

A feasibility report is an investigation into whether a project is worth undertaking. The report looks at factors such as cost and time. A project report is exactly that - a report on a project which has been undertaken.


What are the feasibility study and define each?

Feasibility study is the evaluation of a proposed project. This is to determine if the project is technically feasible, feasible within estimated cost, and will be profitable.


Project feasibility format?

you can do feasibility analysis by evaluating the following parameter; market,financial,technical and legal.


What is project feasibility?

Usually the Project Feasibility Study is the next stage after a project is proposed. Business requirements in projects may cause multiple projects to be proposed. But, it is during the feasibility study stage when experts try to figure out if the project is technically and financially feasible. Only if a project is feasible would it go the next stage where it will be initiated, planned and executed.