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Legal feasibility is to determine whether the proposed system conflicts with the legal requirements. e.g a data processing system must comply with the Local Data Protection Acts
Its simply to determine the any infringement and every thing must comply the legal rewuirements
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Project feasibility format?
you can do feasibility analysis by evaluating the following parameter; market,financial,technical and legal.
Downloadable document on feasibility study on insurance company?
you have to study thefollowing 1- economic feasibility 2- technical feasibility 3-financial feasibility 4-marketingb feasibility
What do you mean by feasibility?
Feasibility means easily, or likely it is that something will be able to be done. Business often due feasibility studies on products or services.
List of Example of a feasibility study for a bakeshop?
a feasibility study on how to start a bakeshop
Definition of feasibility study?
A feasibility study determines whether a business or an individual should pursue their plans. A feasibility study examines whether the plan will be profitable or not.
Project feasibility format?
you can do feasibility analysis by evaluating the following parameter; market,financial,technical and legal.
What are the types of project feasibility factors?
The types of project feasibility factors are economic, technical, operational, schedule, legal and contractual, and political. Economic feasibility is the process of identifying the financial benefits and costs associated with a development project. Technical feasibility is the process of assessing the development organization's ability to construct a proposed system. Operational feasibility is the process of assessing the degree to which a proposed system solves business problems or takes advantage of business opportunities. Schedule feasibility is the process of assessing the degree to which the potential time frame and completion dates for all major activities within a project meet organizational deadlines and constraints for affecting change. Legal and contractual feasibility is the process of assessing potential legal and contractual ramifications due to the construction of a system. Political feasibility is the process of evaluating how key stakeholders within the organization view the proposed 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.
Explain all the inter-related types of feasibility studies?
What are the Types of Feasibility StudiesThere are many different types of feasibility studies; here is a list of some of the most common:Technical Feasibility - does the company have the technological resources to undertake the project? Are the processes and procedures conducive to project success?Schedule Feasibility - does the company currently have the time resources to undertake the project? Is the project completable in the available time?Economic Feasibility - given the financial resources of the company, is the project something that can be completed? The economic feasibility study is more commonly called the cost/benefit analysis.Cultural Feasibility - what will the impact on both local and general cultures be? What sort of environmental implications does the feasibility study have?Legal/Ethical Feasibility - what are the legal implications of the project? What sort of ethical considerations are there? You need to make sure that any project undertaken will meet all legal and ethical requirements before the project is on the table.Resource Feasibility - do you have enough resources, what resources will be required, what facilities will be required for the project, etc.Operational Feasibility - this measures how well your company will be able to solve problems and take advantage of opportunities that are presented during the course of the projectMarketing Feasibility - will anyone want the product once its done? What is the target demographic? Should there be a test run? Is there enough buzz that can be created for the product?Real Estate Feasibility - what kind of land or property will be required to undertake the project? What is the market like? What are the zoning laws? How will the business impact the area?Comprehensive Feasibility - this takes a look at the various aspects involved in the project - marketing, real estate, cultural, economic, etc. When undertaking a new business venture, this is the most common type of feasibility study performed.Arun Agrawal9456261654
What are the 5 aspects of feasibility study?
technical feasibility financial feasibility delivery wise feasibility these three i know
Components of feasibility study?
The feasibility study has 2 components:1. Feasibility Study Request2. Feasibility Study Report
Downloadable document on feasibility study on insurance company?
you have to study thefollowing 1- economic feasibility 2- technical feasibility 3-financial feasibility 4-marketingb feasibility
Feasibility study examples?
Feasibility study
Areas of Feasibility in knowledge management system?
economic feasibility, technical feasibilty, behavioral feasibility
Components of project feasibility?
1. Feasibility Study Request 2. Feasibility Study report
What to write in the introduction of feasibility study?
feasibility study
What are the parts of feasibility study?
parts of the feasibility study
