An evaluation to determine whether the system is operationally acceptable. it also
determines how the proposed system will fit with current operational system.
you have to study thefollowing 1- economic feasibility 2- technical feasibility 3-financial feasibility 4-marketingb 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.
a feasibility study on how to start a bakeshop
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.
time feasibility it check the given time to complete the project its enough or not
No.
yes. operational,economical,and technical study
Economic (benefit) Economic (costs) Technical Schedule Operational
Operational feasiblity study -This is the study of how well the solution of problems or aspecific solution will work in a business,organisation and also how people feel about the solution
A system that has operational feasibility is one that will be used effectively after it has been developed. if users have difficulty with a new system, it will not produce the expected benefits. Operational feasibility depends on several vital issues. For example, consider the following questions: Does management support the project? Do users support the project? is the current system well linked and effectively used? Do users see the need for change? Will the new system result in a workforce reduction? if so what will happen to the affected employees?
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
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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.
technical feasibility financial feasibility delivery wise feasibility these three i know
The feasibility study has 2 components:1. Feasibility Study Request2. Feasibility Study Report
you have to study thefollowing 1- economic feasibility 2- technical feasibility 3-financial feasibility 4-marketingb feasibility
Feasibility study